Saudia Dairy & Foodstuff Co. · TADAWUL:2270
Saudia Dairy & Foodstuff — Q2 2017/18 Earnings Presentation
11 slides from Saudia Dairy & Foodstuff's earnings presentation, October 2017
Slide 1: Earnings Presentation October 2017
Ea r n i n g s Presentation October 2017
Slide 2: Disclaimer
Disclaimer Information contained in this presentation is subject to change without prior notice. Its accuracy is not guaranteed and it may not contain all material information related to the company. Neither SADAFCO nor its associates make any representation regarding, and assume no responsibility o
Slide 3: Our Vision, Mission & Values
Our Vision, Mission & Values VISION To be the Brand of Choice MISSION Develop, produce and market a range of nutritious food propositions for all age groups and create maximum shareholder value through teamwork 3
Slide 4: Business Highlights
Business Highlights Sales Net Profit H1’2017/18 : H1’2017/18 : SAR894mn SAR152mn 2.9% 6.4% YoY H1’2016/17 : H1’2016/17 : YoY SAR921mn SAR162mn Cash Flow Recent Developments • Jeddah Central Warehouse construction in progress as per schedule Cash and Deposit Balances • Signed a Non-Binding agreement
Slide 5: Sales & Profitability
Sales & Profitability Sales SAR mn Gross Profit SAR mn 445 457 447 453 441 190 80% 180 70% 170 60% 41% 160 150 39% 39% 39% 39% 50% 40% 140 30% 130 20% 120 110 172 180 185 175 171 10% 100 0% Q2'16/17 Q3'16/17 Q4'16/17 Q1'17/18 Q2'17/18 Q2'16/17 Q3'16/17 Q4'16/17 Q1'17/18 Q2'17/18 As % of Net Sales Ne
Slide 6: Strong Balance Sheet
Strong Balance Sheet Steady Asset Base… SAR mn …build by Internally generated funds SAR mn 1,713 1,262 1,284 1,547 1,642 1,644 1,484 1,189 1,209 1,120 Q2'16/17 Q3'16/17 FY'16/17 Q1'17/18 Q2'17/18 Q2'16/17 Q3'16/17 FY'16/17 Q1'17/18 Q2'17/18 Shareholders' Equity Working Capital* SAR mn 300 40% 35% 25
Slide 7: Cash Flow Summary
Cash Flow Summary Cash Flow Bridge for rolling 12-months as of 30 September, 2017 SAR mn 750 96 650 130 550 386 450 350 250 526 370 150 Free Cash Flow = SAR 290mn 50 -50 Cash and Cash Equivalents Net cash from operating Purchase of Property, Plant Dividends Paid Cash and Cash Equivalents (30 Sep 201
Slide 8: Product Portfolio
Product Portfolio UHT Milk Milk Powder Cheese Products Frozen Tomato Products Others ▪ UHT Milk– Whole, ▪ Milk Powder – Instant ▪ Feta Cheese ▪ Ice cream ▪ Ketchup ▪ Arabic Coffee Low Fat, Skimmed, ▪ Processed Cheese – ▪ French Fries ▪ Tomato paste ▪ Laban Gold Milk Triangles ▪ Jump ▪ Butter ▪ Flavo
Slide 9: Shareholding Structure
Shareholding Structure Shareholding (as of 15 October 2017) • Qurain Petrochemicals Industries (QPIC) is the largest shareholder of SADAFCO • QPIC, incorporated in 2004, is a private sector holding company in the Public & 40.1% energy, petrochemical, food and related sectors Others 59.9% • QPIC is a
Slide 10: Shareholders' Returns
Shareholders’ Returns Share Price Performance SAR mn 220 52 Week 52 Week 10 High Low Market Cap (SAR Mn): 3,933 Trading Volume, Mn Shares 135.0 113.0 (15 Oct 2017) 180 (SAR) (SAR) 8 SAR 121.0 140 SAR 124.5 6 100 4 SAR 60 2 20 0 Apr-15 Apr-16 Apr-17 Mar-15 May-15 Dec-14 Dec-15 Dec-16 Oct-14 Aug-15 Ma
Slide 11: Going Forward…
Going Forward… “A general slowdown in the consumption pattern coupled with surplus supply of fresh milk resulted in value reduction in Sales However, despite the overall market conditions, we have managed to deliver robust net margins Our key products continued to strengthen their market share and O
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