GB Auto Corporate Growth and Expansion Strategy
AUTO
Passenger Car Financial Performance
(1/2)
PC
Passenger Car Sales Volume | units
Passenger Car Sales Revenue | EGP million
2007 2008 2009
Hyundai Egypt 27,679 30,555 27,501
Hyundai Iraq
Mazda Egypt
9M-10 9M-09
24,546 19,262
15,166
432
2007
2008
2009
9M-10 9M-09
Hyundai Egypt
TOTAL
20,944 20,963 14,145
48,623 51,518 41,646
16,092 9,892
56,236 29,154
Hyundai Egypt
Hyundai Iraq
Mazda Egypt
Hyundai Egypt
2,040.8 2,261.0 1,935.3
1,741.1 1,378.7
1,188.9
52.2
TOTAL
1,154.1 1,252.5 798.7
3,194.9 3,513.5 2,734.0
914.3 554.4
3,896.5 1,933.1
Passenger Car Gross Profit | EGP million
Passenger Car Gross Profit Margin | %
2007 2008 2009
Hyundai Egypt
198.7 313.5 184.8
9M-10 9M-09
181.1 128.0
Hyundai Iraq
Mazda Egypt
Hyundai Egypt
75.5
3.3
Hyundai Egypt
Hyundai Iraq
2007 2008
9.7% 13.9%
2009
9.5%
9M-10 9M-09
10.4% 9.3%
6.3%
TOTAL
197.6 241.3 114.4
396.4 545.3* 281.9*
157.6 71.6
417.8* 181.4*
Mazda Egypt
Hyundai Egypt
6.2%
TOTAL
17.1% 19.3% 14.3%
12.4% 15.5% 10.3%
17.2% 12.9%
10.4% 9.4%
Service and Parts Revenue | EGP million
Service and Parts Gross Profit and Margin | EGP million, %
Hyundai Egypt
Hyundai Iraq
2007 2008 2009
119.5 161.9 159.1
9M-10 9M-09
138.1 118.9
2007
Hyundai Egypt
Hyundai Iraq
50.9
2008 2009
67.8 66.4
9M-10
57.4
9M-09
49.4
Mazda Egypt
TOTAL
119.5
161.9 159.1
138.1
118.9
Mazda Egypt
TOTAL
50.9
67.8
66.4
57.4 49.4
GPM
42.6%
41.9% 41.7%
57.4% 49.4%
Discrepancies in sum of the parts figure and the total figure result from the inclusion of under-recovered overheads in the total figure
30
GB AutoView entire presentation