Title: Slajd 1
1Financial Resultsfor Q4 2008/2009 May 2009
July 2009
Reducing costsby increasing efficiency of use
of the company's potential
15 September 2009
2GROUP IN QUARTER 4 OF 2008/2009 Period from 1
May 2009 to 31 July 2009
- ACTION Group's consolidated net result amounted
to a profit of PLN 5.7 MM. ACTION S.A.'s
individual result included a profit of PLN 10.5
MM. - Further reduction of the Group's operating costs
an over 22 cost cut compared to comparable
period of FY 2007/2008 - Expanding business with BenQ, Indesit, Aristo and
Hitachi Europe as well as including office
products and FMCG in the offer of Office Products
Division - Completion of minor tender obligations to
Kompania Weglowa and Totalizator Sportowy - Acquisition of majority stake in Gram.pl, a
portal with more than 600,000 returning users and
over 6.5 million page impressions per month - Reporting year 2008/2009 will include 17 months
in 2010 the reporting periods will become aligned
with the calendar year
3GROUP IN QUARTER 4 OF 2008/2009 Period from 1
May 2009 to 31 July 2009
- PRIZES AND AWARDS
- Consumer's Golden Laurel (Zloty Laur Klienta)
awarded to ActiveJet consumables - IT Reseller recognised ActiveJet consumables as
most popular substitute products of that kind on
the market - Transparent Business Certificate received
- ActiveJet received a Brand Leader Silver Quality
Mark (Lider Marki - Srebrna Odznaka Jakosci) - Actina Sierra, the first family of Polish PCs,
earned a certificate of full compatibility with
Microsoft's Windows 7 operating system - HP granted its Preffered Partner GOLD to Action,
confirming its compliance with requirements HP
Authorisation 2010
3
4FINANCIAL RESULTS IN QUARTER 4Period from 1 May
2009 to 31 July 2009
Sales revenue (PLN M)
Gross margin ()
- Compared to Q4 2007/2008, sales revenue decreased
by 26.1 - Distribution revenue decreased by 5.2 (excl.
tenders) - Compared to Q4 2007/2008, gross margin increased
by 0.3
5FINANCIAL RESULTS IN QUARTER 4Period from 1 May
2009 to 31 July 2009
Operating Profit (PLN M)
Net profit (PLN M)
- Compared to Q1 2006/2008, operating profit
decreased by 40.7 - The Group's net profit decreased by 32.9
compared to the same period of the previous
financial year. However, Action S.A.'s individual
net profit dropper by 4.0 only.
6DETAILED FINANCIAL INFORMATIONPeriod from 1 May
2009 to 31 July 2009
in PLN thousand Quarter 4 2007/2008 Quarter 4 2008/2009 Change Quarter 1-4 2007/2008 Quarter 1-4 2008/2009 Change
Sales revenue 582,047 430,233 -26.1 2,343,368 2,161,886 -7.7
Gross profit on sales 46,943 36,120 -23.1 185,202 224,760 21.4
Gross margin on sales 8.1 8.4 0.3 PP 7.9 10.4 2.5 PP
Cost of sales and marketing 33,092 26,472 -20.0 114,313 116,668 2.1
Related to revenue 5.7 6.2 0.5 PP 4.9 5.4 0.5 PP
General administrative costs 8,421 5,862 -30.4 36,485 25,522 -30.0
Related to revenue 1.4 1.4 0.0 PP 1.6 1.2 -0.4 PP
Other revenue and benefits 11,558 712 -93.8 32,971 9,082 -72.5
Other costs and losses 3,203 -3,671 -214.6 10,085 62,055 515.3
Operating result 13,785 8,169 -40.7 57,290 29,597 -48.3
Net financial costs 2,470 1,274 -48.4 6,176 4,873 -21.1
Net result 8,479 5,690 -32.9 33,790 18,532 -45.2
Net profit margin 1.5 1.3 -0.2 PP 1.4 0.9 -0.5 PP
6
7DETAILED FINANCIAL INFORMATIONPeriod from 1 May
2009 to 31 July 2009
- DISTRIBUTION ACTIVITY
- Number of products offered by ACTION increased to
16,500 - Increased number and value of chain customers
year-on-year by more than 20 - Average invoice value increased by 22.5,
exceeding PLN 3,300 - Number of foreign customers increased
year-on-year by 70 with a 140 sales value
increase - Turnover on ActiveJet products increased by 23
compared to comparable quarter of FY 2007/2008 - Number of customers decreased by 1,000 compared
to comparable quarter of 2007/2008
8E- COMMERCEPeriod from 1 May 2009 to 31 July 2009
- Online Delicatessen A.pl
- Increase of the number or orders in Quarter 4
2008/2009 by over 100 compared to Q4 2007/2008 - An over 100 increase in number of customers
compared to a comparable period of the previous
year - Offer expanded by starting co-operation with
- Winarium Marek Kondrat i Syn wine shop,
- LOT CATERING ready meals supplier, and
- online florist service.
- The shop site was also launched under domain
delikatesy.gazeta.pl - New gram.pl Project
- acquisition of 75 of shares
- moving the company's headquarters to ACTION S.A.
8
9SFERIS AND ACTION UKRAINA Period from 1 May 2009
to 31 July 2009
- SFERIS AND ACTION UKRAINA
- Streamlining Group structure and making an
efficient use of the potential of its Companies - SFERIS
- Negotiations with shopping malls on the costs of
commercial space rental - Exiting from non-profitable locations
- Started talks with potential franchise partners
- Building the Sferis brand image in the media
- ACTION UKRAINA
- Further reduction of operating costs
- Reducing area of shops
- Reduction of employment
9
10OBJECTIVES FOR NEXT QUARTERS
- Achieving high performance level of the new
fulfillment line and redirecting majority of
orders to be processed using the new line - Winning new customers to use the full capacity of
the dispatching facility - Focus on developing the private brand image and
expanding the market range by entering new
countries - Ensuring that all companies included in the
Capital Group generate positive results next year - Using the potential of the highly dynamic
development of e-commerce by - expanding the offer with online shops in mind,
- using our dispatching facilities for the needs of
online shops.
10
11 THANK YOU FOR YOUR ATTENTION
Contacts for the press and representatives of the
capital market Anna Bielinska Corporate
Communication Director Telephone 48 22 332 16
96, email anna.bielinska_at_action.pl Dominika
Lenkowska Martis CONSULTING Telephone 48 22
244 57 09, email dominika.lenkowska_at_mc.com.pl