Upload
others
View
2
Download
0
Embed Size (px)
Citation preview
• A market leading distributor of fuels and related products to consumers and industries across Africa
• Meeting the growing demand for fuels and services across the continent driven by strong macro-economic factors
• Footprint across 23 countries, operating under the Shell and Engen brands
• Strong growth track record - forecourt portfolio grown by over 80% since 2012
FACTSHEET
~10 billion litres of fuel sold in 20201
Over 2,300 service stations
$360m of adjusted EBITDA in 2020
750,000 customers served daily
*2020 adjusted EBITDA split. 1. Fuel and lubricants sales volumes in 2020
Retail Commercial Lubricants
• Over 2,300, Shell and Engen branded service stations
• Quality network in strategic locations, with volumes per site well in excess of market average
• Rapidly growing non-fuel offering across the network
• Provide reliable supply of fuels and LPG to thousands of customers
• Across the construction, transport, power, mining, aviation and marine sectors
• Mix of long term contracts, tender business and spot sales
• Integrated manufacturing, distribution and marketing operations for leading global Shell-branded products (Helix and Rimula)
• Multi-channel distribution through service stations, distributors and direct to commercial customers
BUSINESS SEGMENTS
April 2021
26%*
FAVOURABLE AFRICAN MACRO TRENDS UNDERPIN OUR GROWTH
Source: BMI, UN World Population Prospects 2017, UN World Urbanization Prospects 2014, McKinsey Global Institute: “Lions on the move II: realizing the potential of Africa’s economies”, Deloitte: “The Deloitte Consumer Review Africa: A 21st century view”. 1. As compared to 2020 population. 2. As of 1 July 2019. 3. As of December 2019, includes motorbikes.
FAST POPULATION GROWTH
YOUNG POPULATION
RAPID URBANISATION
GROWING MIDDLE CLASS
STRONG GDP GROWTH IN VIVO ENERGY COUNTRIES
INCREASING CONSUMER SPENDING
RAPID VEHICLE GROWTH
STRONG INFRASTRUCTURE DEVELOPMENT
• 1.1 billion more people by 2050 1
• 60% of global population growth
• 60% of population less than 25 years old vs 28% in developed regions2
• Urban population to grow from 42% to 60% from 2015 – 2050
• 376 million to 582 million people from 2013 – 2030
• 5% CAGR 2018 – 2023 GDP growth
• 3.8% household consumption CAGR 2015 – 2025
• 4.8% between 2019-2024
• 53 vehicles per 1,000 people vs. 566 in Europe3
• $150 billion of annual infrastructure spending required by 2025
ENGEN BRAND
SENEGAL
GUINEA
CÔTE D’IVOIRE
GHANA
MALI
MOROCCO
CAPE VERDE
BURKINA FASO
TUNISIA
UGANDA
NAMIBIA BOTSWANA
MADAGASCAR
GABON
ZAMBIA
KENYA
MAURITIUS
REUNION
MALAWI
MOZAMBIQUE
ZIMBABWE
SHELL BRAND
RWANDA
TANZANIA
14%*60%*
EXECUTIVE DIRECTORS
Christian Chammas, CEO• Appointed CEO of Vivo Energy in January
2012• Held executive positions in a 31-year career
at Total including CEO for Total Group of Companies in Nigeria, Cameroon and Kenya
Doug Lafferty, CFO• Appointed CFO of Vivo Energy in March 2021• Previously CFO of Williams Grand Prix
Holdings Plc following a 16-year international career at British American Tobacco
SHAREHOLDER STRUCTURE
36%
27%
37%Free Float
April 2021
Commercial customers: c.4.0bn litres2
Retail customers: c.5.4bn litres2
Fuel supply(domestic refineries
& tenders, Vivo Energy own imports)
Access to six lubricants blending plants
3rd party transportation of fuels in accordance
with Vivo Energy standards and controls
Over 1,000,000 cubic metres of fuel storage capacity1
More than 2,300 Shell and Engen-branded
service stations
INTEGRATED MODEL
1. Includes equity share of storage capacity in joint ventures, excludes bitumen and LPG. JV storage included on a pro rata basis, based on ownership percentage 2. Fuel and lubricants sales volumes in 2020, proforma for Engen markets
OUR STRATEGY
1 Remain a responsible and respected business
2 Preserve our lean and agile organisation and performance-driven culture
3 Maximise value of our existing business
4 Pursue value accretive growth
5 Maintain attractive and sustainable returns through disciplined financial management
BUSINESS OVERVIEW
Founded in December 2011, with a vision to become Africa’s most respected energy business
Experienced management team, with a proven track
record of delivery
Integrated, entrepreneurial and performance driven
business model
Organic and inorganic growth potential across
retail and commercial fuels, convenience retail and
quick service restaurants
World class Health & Safety performance
Responsible company with integrated
sustainability practices