AGILITY PUBLIC WAREHOUSING COMPANY K.S.C.P. Agility
Date: 20 November 2024 | 2024 �9-i 20 : 6-uWI | ||||||||||||
M/s | Boursa Kuwait | �,S.,I o..&>.>� QS>MI I J,.ol9�1 ibl.w.JI | |||||||||||
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Subject: Agility's QJ/2024Analyst call | ,-.,. ..!.lWI�ill i...llMJI ,..:;;... ,>'?t'4/ ,)4, c;�I :f,-;owl | ||||||||||||
2024 4"� | |||||||||||||
Reference to the above-mentioned subject; Agility Public | |||||||||||||
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Warehousing Company would like to disclose a material | |||||||||||||
information as per the below template: | i::.)�I � �>'ll?. q_c,,9-ko � � ul '½-09-(>SV I | ||||||||||||
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Date | 20 November 2024 | 2024 �9-i 20 | |||||||||||
Name of Listed | Agility Public Warehousing Company | ujl.::.:.o.U | �I | co� | |||||||||
Company | K.S.C.P | ("Agility") | ("�i") t-�-.P-.;,., | ||||||||||
Material | Please be informed that Agility Public | �9.0 | u.l.A.C l.µI .�I q_S� -4it.i | ||||||||||
Information | Warehousing Company KSCP, held its | &.,!J | '4-ll..oJI ul.iWICL.....L9l...,,J�I | ||||||||||
analyst | call today Wednesday | <�J�I .P9!. ,2024 | _pu:. 0-0 | ..:JWI | |||||||||
November 20, 2024, at 2.00 pm | _pl..o; .,.s-92024 �9-i 20 ..._g9l�l | ||||||||||||
Kuwait time and discussed the | .�I -.1.12!�WI cu::WI | ||||||||||||
financial performance during the third | JU:;. �.>- | ..,sl J9l.i.:; � ,oJ9 | |||||||||||
quarter of 2024. | |||||||||||||
No material information was | � c::l.a9'})4 q_S#I .P�9 | -��I | |||||||||||
discussed during the call. | .Oj�J��I� | ||||||||||||
The company will disclose the full | |||||||||||||
transcript when it is ready. | |||||||||||||
Impact of the | No Impact | �fa.JI _;,i | |||||||||||
material | uk �y,JI | ||||||||||||
information on | |||||||||||||
the financial | |||||||||||||
position of the | :..Sy!.ll | ||||||||||||
company | |||||||||||||
Best Regards, |
Investors REta9on Departm nt
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Agility Earnings Call Presentation
Third Quarter 2024
November 2024
Forward-Looking Statements Disclaimer
This presentation is strictly confidential and is being shown to you solely for your information and may not be reproduced, retransmitted, further distributed to any other person or published, in whole or in part, for any purpose.
This presentation has been prepared by Agility Public Warehousing Company KSCP (“Agility”) and reflects the management’s current expectations or strategy concerning future events and are subject to known and unknown risks and uncertainties.
Some of the statements in this presentation constitute "forward-looking statements" that do not directly or exclusively relate to historical facts. These forward-looking statements reflect Agility’s current intentions, plans, expectations, assumptions and beliefs about
future events and are subject to risks, uncertainties and other factors, many of which are outside Agility’s control. Important factors that
could cause actual results to differ materially from the expectations expressed or implied in the forward-looking statements include known and unknown risks. Agility undertakes no obligation to revise any such forward-looking statements to reflect any changes to its expectations or any change in circumstances, events, strategy or plans. Because actual results could differ materially from Agility’s current intentions, plans, expectations, assumptions and beliefs about the future, you are urged to view all forward-looking statements contained in this presentation with due care and caution and seek independent advice when evaluating investment decisions concerning Agility.
No representation or warranty, express or implied, is made or given by or on behalf of Agility or any of its respective members, directors, officers or employees or any other person as to the accuracy, completeness or fairness of the information or opinions contained in or discussed at this presentation.
2
Agenda
- Q3 2024 Business Update
- Q&A
3
Group Financial Performance
Financial Highlights Q3 2024
Agility Income Statement – Q3 2024 (KD Mln)
Agility continues to deliver good results across its business group
Revenue
50
(14%)
Net Revenue
47
(22%)
360.8
411.0
260.0
212.8
Q3 2023 | Q3 2024 |
EBITDA
11
(19%)
70.0
58.8
Q3 2023Q3 2024
Net Profit | -18 |
28.0 | (-64%) |
Equity Holder
10.1
Q3 2023 | Q3 2024 | Q3 2023 | Q3 2024 |
5
Agility Income Statement – 9M 2024 (KD Mln)
Revenue
114
(11%)
Net Revenue
120
(20%)
1,009.2
1,122.8
719.9
599.7
9M 2023 | 9M 2024 |
9M 2023 | 9M 2024 |
EBITDA
25
(14%)
204.2
179.6
Net Profit
57.5
Equity Holder
-23
(-40%)
34.8
9M 2023 | 9M 2024 |
9M 2023 | 9M 2024 |
6
Balance Sheet (KD Mln)
Strong Asset and Equity base to support our future growth plan
Balance sheet | Sep 2024 | Sep 2023 Variance | % |
AssetsEquity&Liabilities
Current assets | 723.9 | 554.6 | 169.3 | 30.5% |
Non-Current assets | 3,332.2 | 3,093.8 | 238.3 | 7.7% |
Total assets | 4,056.1 | 3,648.4 | 407.7 | 11.2% |
Current liabilities | 689.7 | 567.6 | 122.1 | 21.5% |
Non-current liabilities | 1,380.0 | 1,190.4 | 189.6 | 15.9% |
Total liabilities | 2,069.7 | 1,758.0 | 311.7 | 17.7% |
18%
Current Assets
31%
Financial Assets at fair
value through OCI
17%
Current Liabilities
34%
Noncurrent liabilities
Minority Interest | 1,009.5 | 113.4 | 896.1 | 790.6% |
Equity attributable to equity holders | 977.0 | 1,777.0 | (800.1) | -45.0% |
of the Parent Company | ||||
51% | 49% |
Non- Current Assets | Total Equity |
Excluding FA-OCI |
7
Cash Flow Statement (KD Mln)
Agility has a healthy cash flow generation and will continue to reinvest in its businesses
Cash Flow Statement | 9M 2024 | 9M 2023 Variance | % |
Capex and Investment
Cash from Operating activities before changes in working capital
Changes in working capital
Other Items
Net Cash flow from operating activities
Net Capex
Net Investments
Net movement in deposits
Capex + Investments
186.1 | 169.3 | 16.8 | 9.9% |
-24.5 | -7.8 | -16.6 | 212.3% |
-13.5 | -17.8 | 4.3 | -24.0% |
148.1 | 143.7 | 4.4 | 3.1% |
-41.3 | -39.1 | -2.2 | 5.6% |
-23.3 | -25.3 | 2.0 | -7.8% |
9.0 | 1.5 | 7.5 | 484.8% |
-55.6 | -62.9 | 7.3 | -11.5% |
101 | 130 | 139 | 327 | 109 | 65 |
15%
36%
42%
50%51%
64%
85%
64%
58%
50%49%
36%
Free Cash Flow | 92.5 | 80.8 | 11.7 | 14.4% |
CAPEX as % of Revenue | 3.7% | 3.9% |
2019 | 2020 | 2021 | 2022 | 2023 | 9M 2024 |
Investments
Controlled
8
Capex is what is spent for operational businesses | 2022 capex includes HG Storage and John Menzies acquisition |
Q&A Session
Attachments
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Disclaimer
Agility - The Public Warehousing Company KSCP published this content on November 21, 2024, and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on November 21, 2024 at 05:03:02.962.
