GB Auto Corporate Growth and Expansion Strategy
AUTO
Commercial Vehicle & Construction Equipment Financial Performance
(1/2)
Sales Volume | units
CV
Sales Revenue | EGP million
2007
Buses
1,651
2008 2009
1,319 792
9M-10 9M-09
711
546
Buses
Trucks
966
1,397 1,228
1,076
737
Trucks
2007 2008 2009
392.1 338.3 183.5
162.0 280.0 233.3
9M-10 9M-09
178.9 127.0
203.3 131.8
Trailers
227
625
646
316
513
Trailers
29.1
89.8 105.1
62.9 80.6
Cons. Equip.
21
38
85
19
38
Total
2,865
3,379
2,751
2,122 1,834
Cons. Equip.
TOTAL
16.0
599.2
44.0 53.5
752.1 575.4
15.4 13.4
460.5 352.8
Gross Profit | EGP million
Gross Profit Margin | %
2007
2008 2009
9M-10 9M-09
2007
Buses
75.1
66.9 31.5
20.8
23.1
Buses
19.2%
Trucks
36.4
47.7
35.4
25.5
19.9
Trucks
22.5%
Trailers
2.8
9.8
12.9
10.6
10.0
Trailers
Cons. Equip.
1.3
5.6
5.6
1.3
2.7
TOTAL
115.7 121.5* 66.6*
47.0* 36.9*
Cons. Equip.
TOTAL
2008 2009
19.8% 17.2%
17.1% 15.2%
9.7% 10.9% 12.3%
8.1% 12.7% 10.5%
19.3% 16.2% 11.6%
9M-10 9M-09
11.6% 18.2%
12.5% 15.1%
16.8% 12.4%
8.7% 20.3%
10.2% 10.5%
Service and Parts Performance | EGP million, %
2007
2008 2009
9M-10 9M-09
Revenue
36.3
62.0 69.6
59.1 49.5
Gross Profit
14.2
17.9 21.5
14.3
15.6
% margin
39.1%
28.9% 30.9%
24.3% 31.4%
Discrepancies in sum of the parts figure and the total figure results from the inclusion of under-recovered overheads in the total figure
34
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