Investor Presentaiton
Group Financials Overview
Q1 2021
Arafa
HOLDING
Income Statement
(USD 000's)
Net Revenues
Q1 2020
Q1 2021
40,277
28,773
% change
(18.2%)
(28.6%)
Gross Profit
12,338
8,260
Gross Profit Margin
30.6%
28.7%
EBITDA
967
(6,928)
EBITDA Margin
2.4%
-24.1%
Operating Profits (EBIT)
(1,057)
(8,635)
EBIT Margin
-2.6%
-30.0%
Net Profit After Tax
(144)
(9,903)
Net Profit Margin
-0.4%
-34.4%
FINANCIALS
■ Arafa Holding recorded Consolidated Net Revenues of USD 28.8 million in the first quarter of 2021, compared to USD 40.3 million
in 2020. The group sales tumbled in Q1 2021 post the outbreak of Covid-19 second wave in November 2020, which caused a
lockdown in the EU and the UK markets in January 2021, driving down the manufacturing segment sales represented by the Swiss
Garments Company and Egypt Tailoring Company. Along with a decrease in the UK retail sales represented by the Baird Group.
■ Arafa Holding recorded Net Loss after Tax of USD 9.9 million during the first quarter of 2021, compared to USD 144.0 K in 2020,
the group bottom line was strongly affected by the lockdown renewal across the European markets. Nevertheless, the group
management has initiated a strict cost reduction strategy, which is expected to reflect on the second half of 2021.
AL ARAFA FOR INVESTMENT & CONSULTANCIES | Q1 2021 Investor Presentation
SLIDE 9View entire presentation