Naturhouse Health Sa · BME:NTH
Naturhouse Health Sa — FY2016 Earnings Presentation
12 slides from Naturhouse Health Sa's earnings presentation, Feb 24, 2017
Slide 1: 2016 Results
2016 Results 24 February 2017
Slide 2: Disclaimer
Disclaimer This document has been prepared by NATURHOUSE HEALTH S.A. (“NATURHOUSE” or the “Company”) for its exclusive use during the presentations announcing the Company’s results of 2016. NATURHOUSE does not authorise its dissemination, publication or use by any other person, whether physical or l
Slide 3: Index
Index Main Figures Consolidated Profit & Loss Account Sales and EBITDA by Country Naturhouse Centres Net Cash & Dividends Consolidated Balance Sheet 2017 Guidance, Strategy & Outlook Price Sensitive Information Notes for the Period 3
Slide 4: Main Figures
Main Figures We have fulfilled all our commitments for 2015 and 2016 +156 NET OPENINGS IN 2016, SURPASSING THE GUIDANCE BY 85 CENTRES EBITDA MARGIN AT 33.4% IN 2016, IN THE UPPER PART OF THE FORECAST RANGE (30%-35%) 101% PAYOUT IN 2016, SIGNIFICANTLY HIGHER THAN THE 80% TARGET We increased sales by
Slide 5: Consolidated Profit & Loss Account
Consolidated Profit & Loss Account 2015 2016 Growth (%) Total Sales 95,792 97,815 2.1% Procurements -27,832 -28,638 2.9% Gross profit 67,960 69,177 1.8% Gross profit margin 70.9% 70.7% Personnel -17,970 -19,268 7.2% Other operating expenses -17,008 -17,764 4.4% Other Income 808 477 -41.0% EBITDA 33,
Slide 6: Sales & EBITDA by Country
Sales & EBITDA by Country Sales came to €97.82m, which is a 2.1% increase vs 2015. This positive performance responds to the recovery Sales according to country of the Spanish and Italian markets (+1.2% and +5.1%, respectively) and the good progress being made in Poland, which continues to show dou
Slide 7: Naturhouse Centres
Naturhouse Centres 2,279 centres, fulfilling and surpassing the guidance for 2015-16 by 85 centres + 156 net openings in 2016, and 41 in 4Q16 We continue to grow thanks to the opening of new franchises/master franchises (+148 vs 8 directly-operated stores) Breakdown of net openings: Total centres +1
Slide 8: Net Cash Position & Dividends
Net Cash Position & Dividends We lead the Spanish stock exchange in terms of per-dividend yield once again this year Net cash position Dividends 15.087 14.940 25.675 12.814 10.880 16.950 7.338 14.050 11.600 8.100 2012 2013 2014 2015 2016 2012 2013 2014 2015 2016 Figures in thousands of euros 1) This
Slide 9: Balance Sheet
Balance Sheet 2015 2016 Intangible assets 2,193 1,897 Property, plant & equipment 5,025 4,869 Non current financial assets 813 992 Investment in associated companies 3,140 3,208 Deferred tax assets 369 272 Non current Assets 11,540 11,238 Inventories 3,541 4,231 Trade receivables 4,973 4,806 Current
Slide 10: 2017 Guidance, Strategy and Outlook
2017 Guidance, Strategy and Outlook GUIDANCE FOR 2017 Centres at end of 2017: 2,400 10 Payout: >85% EBITDA margin: 30%-35% 10 Planned Net Openings: 121 Our strategy does not change in essence; rather, it adapts to the market’s new demands: Main countries: France, Italy, Spain and Poland New centre
Slide 11: Material Facts for the period
Material Facts for the period Material Facts for the period 20 January 2016: Net openings 2015 26 February 2016: Publication of 2015 results 26 February 2016: Publication of final dividend 2015 26 February 2016: The company issues its Annual Corporate Governance Report for 2015 26 February 20
Slide 12: Contact
CONTACT María Pardo Martinez Investor Relations Manager Tel: +34 914323953 Email: [email protected] 12