Agility Public Warehousing K S C P : Q2 2023 Analyst Presentation
August 17, 2023 at 09:49 pm EDT
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Agility Earnings Call Presentation
Second Quarter 2023
August 2023
Forward-Looking Statements Disclaimer
This presentation is strictly confidential and is being shown to you solely for your information and may not be reproduced, retransmitted, further distributed to any other person or published, in whole or in part, for any purpose.
This presentation has been prepared by Agility Public Warehousing Company KSCP ("Agility") and reflects the management's current expectations or strategy concerning future events and are subject to known and unknown risks and uncertainties.
Some of the statements in this presentation constitute "forward-looking statements" that do not directly or exclusively relate to historical facts. These forward-looking statements reflect Agility's current intentions, plans, expectations, assumptions and beliefs about future events and are subject to risks, uncertainties and other factors, many of which are outside Agility's control. Important factors that could cause actual results to differ materially from the expectations expressed or implied in the forward-looking statements include known and unknown risks. Agility undertakes no obligation to revise any such forward-looking statements to reflect any changes to its expectations or any change in circumstances, events, strategy or plans. Because actual results could differ materially from Agility's current intentions, plans, expectations, assumptions and beliefs about the future, you are urged to view all forward-looking statements contained in this presentation with due care and caution and seek independent advice when evaluating investment decisions concerning Agility.
No representation or warranty, express or implied, is made or given by or on behalf of Agility or any of its respective members, directors, officers or employees or any other person as to the accuracy, completeness or fairness of the information or opinions contained in or discussed at this presentation.
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Agenda
Q2 2023 Business Update
Group Financial Performance
Q&A
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Q2 2023 Business Update
Focused on value investing for the long-term and executing on our growth strategy despite the challenges
Key Events
Major News:
Legal Dispute:
Agility has entered into a second multi-year funded equity collar agreements, with a number of banks. The purpose of this hedging transaction is to protect the value of the investment and shareholders' value given its significance to Agility's balance sheet. This transaction concerns 8 million shares of the total shares owned by Agility in DSV.
Agility has issued its 2022 Sustainability report. Sustainability remains a central focus for Agility, and our evolving operating structure offers an opportunity for us to reassess and realign our groupwide approach.
Agility continues to face some uncertainty related to some of the land contracts leased from the Public Authority for Industry, Agility believes its contracts have been legally renewed and has filed several legal cases. Agility will continue to pursue those claims to protect its rights and the rights of its shareholders.
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Group Financial Performance
Financial Highlights Q2 2023
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Agility - The Public Warehousing Company KSCP published this content on 18 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 August 2023 01:48:06 UTC.
Agility Public Warehousing Company K.S.C.P.(Agility), is a Kuwait-based supply chain services provider. The Company is organized into two business segments: Logistics and Related Services segment, which provides freight forwarding, transportation, contract logistics, project logistics, and fairs and events logistics, and The Infrastructure segment, which provides real-estate services, airplane ground handling and cleaning services, cargo and lounge management, customs operations and management, customs consulting, fuel logistics and waste recycling. The Companyâs subsidiaries include Defense and Government Services, GCC Services, Global Clearing Systems, Inspection & Control Services, Kuwait International Laboratory (LABCO), Metal Recycling Company, National Aviation Services, Tristar, and Shipa, among others.