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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 2020 1 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 regions 2 • 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 Europe 3 • $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% *

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Page 1: FACTSHEET - Vivo Energy

• 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%*

Page 2: FACTSHEET - Vivo Energy

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