AAMAL COMPANY FACT SHEET/media/Files/A/Aamal-V2/2020/Fact Sheet...Increased paid up share capital to QAR 3.795bn 2014 Established Aamal Optical Supplies 2008 Established Frijns Steel
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AAMAL COMPANY FACT SHEET
June 2020
www.aamal.com.qa
1) A powerful, cohesive growth platform
• One of the fastest growing diversified companies,
offering high quality exposure to the Qatar’s
economic growth and development
• Diversified for balanced exposure across the
Qatari economy
• Strong market positions in key sectors
Aamal Company Fact Sheet June 2020
Company Description
• Incorporated in 2001 in Qatar and listed on the Qatar Stock Exchange in 2007
• Geographical focus, at present, on Qatar with intentions to expand further in the region and beyond
• Operations across 26 active business units with market leading positions in the following key sectors: industrial
manufacturing, retail, real estate, managed services, medical equipment and pharmaceuticals
• Strategy focused on 3 pillars for sustained, profitable growth: i) Increased focus on industrial manufacturing and
related high growth sectors ii) Continued growth, diversification and innovation across other existing businesses
to enhance market position and optimise performance iii) Continued application of clear and disciplined
operational and financial principles underlying strategic growth initiatives
• Uniquely positioned to benefit from increased private and public sector demand, particularly infrastructure
development, as Qatar is transformed into an advanced and self-sustaining economy; the award of the 2022
FIFA World Cup and the Qatar National Vision 2030 have accelerated the quantum of infrastructure build in the
country in terms of bringing forward planned capital projects accompanied by new ones coming on stream.
• One of the leading listed companies with current market capitalisation QAR4.10 bn* (US$ 1.13bn)
Strong backing from Al Faisal Holding Company, Aamal’s long term major shareholder.
*As of 4th of June 2020
Company Positioning
3) Experienced, proven senior management
team…
• Strength in strategic asset allocation, corporate
governance and risk control
• Proven track record of historical profit growth and
value creation driven by clear focus on returns on
capital and capital discipline
• Highly effective corporate decision-making with
short lines of communication with operational
management
“Generating revenues of QAR 1,294.1m (US$ 355.40m) in 2019, Aamal Company is one of the largest, most
diversified companies in Qatar offering investors a high quality and balanced exposure to Qatar’s
economic growth and development.”
2) Balance sheet strength
• Strongly capitalised (QAR 7.9bn (US$ 2.2bn) of
Shareholder’s Funds, end of 2019)
• Low financial gearing (1.06%, end 2019)
• Strong internal cash flow generation combined
with readily available access to debt funding
underpins the financing of future growth
opportunities
4) …with strength in depth
• Development of shared services policy, allowing
segmental management to focus on core business
• Each subsidiary managed as a stand alone entity,
optimising management’s operational focus and
transparency
• Talented and motivated managers with significant
experience and customer relationships in their
respective areas
• Clear segregation between management and
ownership, reinforcing best practice corporate
governance guidelines
135
0.9 0 0 0
135.9
2015 2016 2017 2018 2019 5 Year Total
58.8%25.9%
13.8%
1.5%
Property Trading and Distribution
Industrial Manufacturing Managed Services
16.6% 17.6%
26.2% 27.00%
20.10%
2015 2016 2017 2018 2019
2,882.0 2,829.1
1,604.21,286.60 1,294.10
2015 2016 2017 2018 2019
Performance Profile
Relative Share Price Performance over the past 12 months
Underlying Net Profit* Margin %
Revenue (QARmn)*
2019 Consolidated Breakdown, by Segment
Capital Appreciation of Property (QARm)
*Before fair value gains on investment properties and shares of profits of associates
*Before fair value gains on investment properties and equity accounted investees’*Two business entities has been reclassified within the Industrial Manufacturing segment from subsidiaries to joint ventures from 1 April 2017
Revenue Net Profit
*Net profit percentages are before head office cost
Underlying Net Profit* (QARmn)
21.9%
60.5%
12.8%
4.8%
Property Trading and Distribution
Industrial Manufacturing Managed Services
478.9 499.2421.1
347.6
259.8
2015 2016 2017 2018 2019
*Before elimination of intersegment revenue
Jun-19 Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20
QA:AHC QE Index
• Note: Stock Split Effective on June 25th
Aamal CompanyChief Financial Officer - Mr. Imran Chughtai Imran.chughtai@aamal.com.qaRisk and Compliance Manager – Mr. Zaid Shelleh zaid.shelleh@aamal.com.qaAamal Company Q.P.S.C.
Marriott Marquis Tower, Floor 15
P.O. Box 22477 Doha-Qatar
T: +974 44350666
www.aamal.com.qa
Financial PR/IR AdvisorsCitigate Dewe Rogerson lucy.eyles@citigatedewerogerson.com Lucy Eyles -Account Manager, Investor RelationsTel: +44 (0)20 7282 2995Mob: +44 (0)7525 951 207www.citigatedewerogerson.com
Contact Information
Key Milestones
2001 Aamal Company established in Qatar 2012 Increased paid up share capital to QAR 5.445bn
2007Listed on the Qatar Stock Exchange,
with share capital of QAR 3.0bn2012 Acquisition of Gulf Rocks by Ci-San Trading
2007
Established Senyar Industries Qatar
Holding in partnership with El Sewedy
Electric Group, Egypt
2013 Increased paid up share capital to QAR 6 bn
2008Established Doha Cables as part of
Senyar Industries Qatar Holding2013 Established Al Farazdaq Company
2008Increased paid up share capital to QAR
3.795bn2014 Established Aamal Optical Supplies
2008
Established Frijns Steel Construction-
Middle East with Frijns Industrial Group
(Aamal has a 20% interest)
2014Start of commercial production at Advanced Pipes &
Casts Company
2008Established Ci-San Trading in
partnership with Masraf Al Rayan2015 Increased paid up share capital to QAR 6.3 bn
2010Established Advanced Pipes and Casts
Company2015
Established Aamal - ECE in partnership with the
German Company ECE Projektmanagement
2010Start of commercial production at Aamal
Cement Industries2015
Established Aamal for Maritime Transportation
Services W.L.L.
2010Start of operations at ECCO Gulf, a JV
with ECCO Outsourcing of Egypt2016
Acquisition of Family Entertainment Center and
Winter Wonderland
2010Increased paid up share capital to QAR
4.5bn2018
Established three industrial projects through Senyar
Industries Qatar Holding. Aluminum, Copper and
drums production facilities
2010Acquisition of 49% of El Sewedy Cables
Qatar, as part of Senyar Industries
Qatar Holding
2019
Implemented a 10 for 1 stock split in compliance
with the stock split directive issued by the Qatar
Financial Market Authority (QFMA)
2011Increased paid up share capital to QAR
4.95bn 2019 Aamal Optical Supplies liquidated
mailto:mohd.ramahi@aamal.com.qamailto:zaid.shelleh@aamal.com.qahttp://www.aamal.com.qa/mailto:lucy.eyles@citigatedewerogerson.com
Functional ChartBusiness units with effective Aamal ownership
(%)
Managed Services PropertyTrading and
Distribution
Aamal Travels and
Tourism
100%
City Center Doha
100%
Aamal Trading
and Distribution
100%
Aamal Readymix
100%
Aamal Services
100%
Aamal Real Estate
100%
Ebn Sina Medical
100%
Aamal Cement
Industries*
99%
Aamal Medical
100%
Advanced Pipes
and Casts Company **
50%
Foot Care Centre
100%
Ebn Sina Pharmacy
100%
ECCO Gulf **
51%
Industrial
Manufacturing
Ci-San Trading*
50%
Gulf Rocks *
74.5 %
Senyar Industries
Qatar Holding **
50%
El Sewedy Cables
Qatar**
38.3%
Doha Cables**
47.3%
Al Farazdaq
Company*
65%
Aamal – ECE **
51%
Aamal for Maritime
Transportation Services *
74.7%
Winter Wonderland
100%
Family Entertainment
Center
100%
Frijns Structural Steel
Middle East **
20%
Legend for Trading and
Distribution
100%
Aamal Car
Maintenance
100%
* Subsidiaries not fully owned by Aamal ** Equity accounted for investment in Associates and Joint Ventures
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