Investor Presentation Q1 2018 Audited Results
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%
32.7%
пер
32.9%
ISP Market Share Progression
19.2%
19.5%
2011
9.9%
ibnsinapharma
19.5%
16.9%
Q1 2018
15.4%
13.9%
12.6%
13.6%
pharmaoverseas
Others
32.1%
10.5%
9.9%
15.5%
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
Largest spread since 2013 ---
50%
42%
37%
31%
30%
31%
26%
26%
26%
20%
18%
14%
13%
10%
2012
2013
2014
2015
2016
2017
1Q18
2011
2012
2013
2014
2015
2016
2017
1Q18
...while increasing its profitability | Net Profit Margin %
Over 100% increase
1.1%
0.9%
0.9%
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
14View entire presentation