Almarai Company · TADAWUL:2280
Almarai — Q3 2010 Earnings Presentation
14 slides from Almarai's earnings presentation, 2010
Slide 1: Almarai Company 2010 Q3 Earnings Presentation
Quality You Can Trust Almarai Company 2010 Q3 Earnings Presentation
Slide 2: Disclaimer
Disclaimer Quality You Can Trust Information contained in this presentation is subject to change without further notice, its accuracy is not guaranteed and it may not contain all material information concerning the company. Neither we nor our advisors make any representation regarding, and assume no
Slide 3: Highlights: On the right track to deliver a good 2010
Highlights On the right track to deliver a good 2010 Quality You Can Trust Another excellent set of financial consolidated results characterized by: Q3 2010 P9 YTD 2010 Revenue growth 18.5 % from SAR 1,547.4 18.8% from SAR 4,320.6 to SAR 1,833.7 million to SAR 5,132.1 million Net Income 16.8% from S
Slide 4: Highlights: 3rd quarter 2010 Divisional performance
Highlights 3rd quarter 2010: Divisional performance Quality You Can Trust Q1 2010 Q2 2010 Q3 2010 P9 YTD 2010 Dairy and Juice division 3rd Party Sales growth + 12.6% + 13.1% + 13.2% + 13.0% Net income before minorities growth + 29.7% + 15.5% + 10.4% + 16.6% ROS before minorities 17.9% 20.8% 24.2% 21
Slide 5: Income Statement 3rd quarter
Income Statement 3rd quarter Quality You Can Trust 3rd quarter P9 YTD SAR million 2010 2009 Change 2010 2009 Change Net Sales 1,833.7 100.0% 1,547.4 100.0% 18.5% 5,132.1 100.0% 4,320.6 100.0% 18.8% Cost of sale s (1,037.3) (56.6%) (849.8) (54.9%) 22.1% (3,064.5) (59.7%) (2,523.5) (58.4%) 21.4% Gross
Slide 6: Sales Analysis by Product and Region
Sales Analysis by Product and Region Sales by Product 3r d quarter Quality You Can Trust Sales by Region P9 YTD 2010 Sales by Pro duct Gro up 3rd quarter Bahr ain UAE SAR Millio n 2010 2009 % change Qatar 2.3% 10.6% Oman 4.3% Fresh Dairy 890.6 801.7 11.1% Kuwait 4.9% Export Long-Life Dairy 153.7 130
Slide 7: Performance 2005-2010 by quarter
Performance 2005-2010 by quarter Quality You Can Trust 450 400 350 300 SAR Million 250 424.5 200 363.4 343.1 293.7 287.1 150 248.8 234.1 235.2 219.2 197.4 193.1 186.1 100 165.3 162.2 130.2 122.8 121.8 122.6 106.9 100.3 100.9 90.6 50 78.0 0 A lmarai C ompany 2 0 10 Q3 Earnings P resentation 7
Slide 8: Almarai is realising rapid growth and high margins
Almarai is realising rapid growth and high margins Quality You Can Trust Revenue and EBIT Margin1 Evolution 1999 - 2010 24.9% 22.7% 23.2% 22.6% 21.3% 24.4% 21.8% 21.0% 20.7% 21.0% 20.1% 19.4% 6,680 5,869 CAGR 1999 – 2009: 17.3% (w/o impact of acquisitions 15.8%) CAGR 2004 – 2009: 25.5% (w/o impact o
Slide 9: Cash Flow Statement
Cash Flow Statement Quality You Can Trust P9 YTD SAR Million 2010 2009 From Operating Activities 1,279.1 1,153.3 Used in Investing Activities (1,536.3) (1,426.4) From Financing Activities 103.1 250.6 Increase/(Decrease) in Cash (154.0) (22.5) Cash at beginning of period 507.7 246.6 Cash at end of pe
Slide 10: Balance Sheet
Balance Sheet SAR Million 30.09.2010 31.12.2009 Quality You Can Trust Balance Sheet Net operating working capital 926 711 Biological Assets 752 735 Property,Plant and Equipment 7,389 6,282 Net operating assets 9,067 7,728 Intangible Assets - Goodwill 793 793 Investment and Financial Assets 967 995 N
Slide 11: Segment Reporting
Segment Reporting Quality You Can Trust Dairy & Arable and Other Almarai SAR Million Bakery Poult ry Juice Horticulture Act ivities Consolidated P9 YTD 2010 Sales 4,400.2 628.9 128.1 162.8 - 5,319.9 Third Party Sales 4,375.5 596.9 128.1 31.6 - 5,132.1 Net Depreciation 215.0 55.5 17.3 29.4 0.0 317.1
Slide 12: Bonus share
Bonus share Quality You Can Trust The Board of Directors of Almarai Company convened on Monday October 4th 2010 and considering the company’s financial position and strategic objectives, has recommended an increase in the share capital of Almarai from SAR1,150 million to SAR2,300 million through the
Slide 13: Looking Forward
Looking Forward Quality You Can Trust Continued focus on existing business Dairy & Juice Bakery with the objective of doubling our 2009 business by 2015 Improve and expand poultry business Build the existing business and, through “quality’ across all aspects of the business, play a leadership role E
Slide 14: Thank you
Thank you Quality You Can Trust Almarai Company Exit 7, North Circle Road Al Izdihar District P.O. Box 8524 Riyadh, 11492 Saudi Arabia Contact for investor relations matters: Khalid M. Al Nasser +966 1 470 00 05 ext 1280 [email protected] A lmarai C ompany 2 0 10 Q3 Earnings P resentati