Investor Presentation | Second Quarter 2022
Egypt Tires
The LoB's revenues were down 19.2% q-o-q due to shortages in the supply of tires and
slowdown in LCs but were up 7.0% y-o-y to record LE 360.6 million in 2Q22. On YTD basis,
revenues grew 30.2% y-o-y on the back of healthy market demand for the LoB's product suite.
LASSA
Tires in: Egypt
VERDE.DOUBLECOIN TECHKING®
WUEST LAKE
TIRE SOLUTIONS
TYRES
YOKOHAMA
SUNFULL
THUNDERER
Passenger car tires
Light truck tires
GOOD YEAR
PERFORMANCE TIRES
Truck tires
Off-the-road (OTR) tires
Egypt Tires
2Q21
1Q22
2Q22 Q-o-Q Y-o-Y
1H21
1H22
Y-o-Y
Total Sales Revenues (LE million)
337.0
446.3 360.6 -19.2% 7.0%
619.7
806.9
30.2%
INVESTOR PRESENTATION | SECOND QUARTER 2022
Egypt Tires 5-Year Revenues
Progression
(all figures in LE million)
360.6
337.0
294.9
301.6
277.8
2Q18
2Q19
2Q20
2Q21
2Q22
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