Investor Presentaiton
Balance Sheet Highlights
CAPEX (EGP bn)
I CAPEX
CAPEX/Sales
6.3%
3.7%
2.9
3.3%
2.3%
2.4%
2.6%
1.6
1.1
0.6
2015
2016
2017
2018
2019
2020
Dividend Per Share ("DPS") (EGP)
1.5
0.4
0.3
2015
2016
1.6
2017
ELSEWEDY
ELECTRIC
0.8
0.8
0.4
2018
2019
2020
Despite a significant growth revenue over the last 5 years, Elsewedy has maintained a relatively low CAPEX to
sales (less than 4% between 2014 and 2018), with a slight uptick for 2019 and a reversion to trend in 2020.
Elsewedy declared a dividend of EGP 0.40 per share for 2020, demonstrating its commitment to the continued
distribution of dividends.
Net Debt (EGP bn)
(562.5)
497.0
(12.0)
2017
2018
(769.0)
2019
2020
Net Debt Ratios
Net Debt/Equity
Net Debt/EBITDA
1.0x
0.6x
5,940.0
0.3x
0.2x
0.13x
0.11x
0.06x
0.04x
0.00x
0.048x
0.001x
0.03x
2015
2016
2017
2018
2019
2020
9M-2021
Elsewedy recorded a net debt position of EGP 4,006.7 million as at 30 September 2021 against a net cash
position of EGP 562.5 million booked at 31 December 2020.
Net debt to EBITDA decreased substantially over the last 5 years, from 1.0x in 2015 to 0.11x in 2020, while net
debt to equity also fell from 0.3x to 0.03x, indicating a marginal level of debt in comparison to the company's
size of operations
Elsewedy Electric | Investor Presentation 9M 2021
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