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Investor Presentaiton

1 Russia's Children Goods Retail Market Leader Combining Growth and Shareholder Returns Key Facts #1 BRAND SHOP Detsky Mir is the undisputed #1 player in the specialized children's goods market in Russia "Detsky Mir" is an iconic brand with 99% prompted awareness¹ 556 Detsky Mir branded stores in 207 Russian cities, 22 stores in 12 cities in Kazakhstan and 44 Early Learning Center ("ELC") stores as of 31 December 2017 Average store size of c.1,400 sqm, located in modern shopping malls with product range of 20,000-30,000 SKUs Diversified product portfolio³ 2017 Large items and other² 10% Strong Operating and Financial Results³ Number of Stores DETSKY MIR RETAIL CHAIN CAGR 2013 - 2017: 25% 622 525 425 252 322 2014 2015 2016 2017 2013 Total Revenue (RUB bn) CAGR 2013-2017: 28% 97,0 79,5 60,5 45,4 36,0 Revenue Newborns 33% Toys 32% 2013 2014 2015 2016 2017 2017 RUB 97bn Adjusted EBITDA4 (RUB bn) 7.7% 9.8% 10.2% 10.3% 11.0% Fashion 25% CAGR 2013-2017: 40% 10,7 Leading Market Position 2017 Structure of Children's Goods Retail Market in Russia (%) Other (incl. non-organized retail market) 8,2 4,5 6,2 2,8 Internet 10% General Food Retailers 40% 10% 50% Detsky Mir Specialized Stores 40% 50% Other Players Source: Company data, Ipsos Comcon 1 Source: "Children Goods Market in Russia" report by Ipsos Comcon ("Ipsos Comcon report"). Poll was conducted in December 2017 2 Including large items, stationery, sports and seasonal goods 3 The Group's consolidated financial statements for 2013 under US GAAP, 2014-2017 under IFRS. For the line items and the years presented, there was no difference between the calculation of numbers or presentation under US GAAP and IFRS 2013 2014 2015 2016 2017 % margin Dividend payments (cash flow basis, RUB bn) CAGR 2013-2017: 83% 1,9 3,0 4,4 4,8 0,4 2013 2014 2015 2016 2017 4 Adj. EBITDA is calculated as profit for the year before income tax, FX gain/loss, gain on acquisition of controlling interest in associate, impairment of goodwill, net finance expense, D&A, adjusted for the one-off effect relating to disposal of the Yakimanka building in 2014, as well as share-based compensation and cash bonuses under the LTI program
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