Investor Presentaiton
III Key Investment Highlights
3 Strong Market Share
Exceptional profitable growth on the back of a solid value-based differentiation strategy
ISP is the fastest growing distributor in the Egyptian market
Sales CAGR 2012-2016
33%
ucp
31%
32.7%
29%
25%
21%
17% Market Growth: 17%
17%
16%
13%
9%
ibnsinapharma
pharmaoverseas
ucp
ISP has been constantly outperforming the market...
Egypt Pharma Market Growth
12%
Others
ISP Sales1 Growth y-o-y
42%
42%
Others
43.7%
32.9%
2011
9.9% ibnsinapharma
19.2%
2017
13.6%
Others
31.8%
16.1%
pharmaoverseas
The distribution market has been experiencing a trend of consolidation towards
larger market players, as both manufacturers and pharmacies prefer to deal with
fewer number of distributors with larger capabilities and more value-add
...while increasing its profitability | Net Profit Margin %
Over 100% increase
31%
30%
1.4%
26%
26%
26%
23%
1.1%
18%
1.1%
14%
13%
0.9%
0.9%
10%
2012
2013
2014
2015
2016
9M17
2.1%
2012
2013
2014
2015
2016
9M17
(1) Based on ISP's pharmacies sales value as per IMS Health data which is based on retail selling price
Source: IMS Health, Company Management
ibnsinapharma
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