Investor Presentaiton
TMG Holding
Continue building our recurring income portfolio – target 40-45% of consolidated gross profit
Retail GLA
140
120
k sqm
28882 20
100
35.5
86
121.5
0
Leased GLA
Mall of Madinaty opening
(start operations in
2019)
Total GLA
The Group is in process of appointing an international operator to operate and
manage its BTL retail portfolio; appointing an experienced VP to manage the portfolio
Remaining CAPEX EGP1.1bn
Target 2020 revenue EGP423mn
Target EBITDA margin 92.5%
Target 2020 EBITDA EGP392mn
Note (*): Currently at EGP80-90k, below market rates as memberships are not yet availed to external buyers
Club memberships
250
k memberships
200
150
100
50
50
46
151
197
0
Sold memberships
Memberships to be sold
Total memberships
Remaining CAPEX EGP1.3bn
Avg. membership EGP100-200k*
Target aggregate cash inflows from memberships sold
EGP20-23bn in the next 10 years
Investor presentation 12View entire presentation