/KASE, February 17, 10/ - RG Brands (Almaty), securities of which are present
in Kazakhstan Stock Exchange (KASE) official list, provided to KASE the
following press release:
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Indicators Dec 31, 2008 Dec 31, 2009 2008 Q4 2009 Q4
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Financial indicators
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Revenue, th. KZT 24,493,870 22,932,034 5,665,738 5,769,776
Gross margin % 32.14% 34.01% 26.91% 39.55%
EBITDA, th. KZT 3,430,000 3,189,000 791,282 1,115,624
EBITDA margin 14.00% 13.91% 13.97% 19.34%
Rate difference 446,853 -3,870,834 -678 96,955
Net income 1,361,771 -3,497,669 -18,604 388,849
Net funds flow after -2,008 1,400
capital costs, m KZT
Net debt, m USD 121 106
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In 2009 the company revenue made up KZT22.9 bn - by 6.38% less than in
2008. The gross margin increased by 5.8% and made up 34% APR. The basic
growth was achieved in the fourth quarter of 2009, when this indicator showed
sales efficiency achieved 39.5%.
Despite the consumer demand decrease in Kazakhstan and Central Asia, RG
Brands succeeded to retain the EBITDA margin at the same level - 14%.
Moreover, in 2009 quarter 4 this profitability indicator increased in comparison
with 2008 quarter 4 by 38.45% and made up 19.34% (or KZT3,189 bn).
The snap devaluation resulted in the negative reassessment of the long-term
debt in a foreign currency. This is reflected in losses from the rate difference
in the size of KZT3.8 bn. However, given the strengthening of tenge against euro
and dollar, these losses are recovering. Thus, by results of 2009 quarter 4 the
income from the rate difference made up KZT97 m.
In 2009, RG Brands launched the largest in Central Asia production and logistics
center Aksengir and the economic effect has already been received as
transportation and logistics costs, improvement of the production and efficiency
and the ready product cost value have significantly decreased.
The construction completion and launching of the production and logistics center
Aksengir allowed RG Brands generating the positive net funds flow after capital
costs in the size of KZT1.4 bn (in 2008 the net income made up KZT2 bn).
Sales of own brands, which in the structure of RG Brands make up 75% from the
total revenue, increased by 3.5% and made up 10.1 m cases.
Contacts:
tel.: +7 (727) 266 70 77
fax: +7 (727) 266 70 77 (вн.332)
e-mail: pr@resmi.kz
website:
http://www.brands.kz/
contact person: Akhat Baimenov
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[2010-02-17]