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
Others
43.7%
26%
18%
32.7%
пер
32.9%
ISP Market Share Progression
19.2%
2011
9.9%
19.2%
ibnsinapharma
16.9%
2017
15.4%
13.9%
13.6%
pharmaoverseas
Others
31.8%
12.6%
9.9%
10.5%
16.1%
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
ISP has been constantly outperforming the market...
Egypt Pharma Market Growth
ISP Sales' Growth y-o-y
42%
37%
31%
30%
26%
26%
14%
13%
10%
2011
2012
2013
2014
2015
2016
2017
...while increasing its profitability | Net Profit Margin %
Over 100% increase
20%
1.1%
0.9%
0.9%
2012
2013
2014
2015
2016
2017
1.1%
1.4%
1.8%
2012
2013
2014
2015
2016
2017
(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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