Our Finances
Sustainable & Successful business is not a contradiction.
Our financial practices are integral to our sustainability strategy. This approach to sustainable economics involves a forward-looking and prudent management of our financial resources, ensuring the longevity and prosperity of the company.
Simultaneously, our financial resources serve as a potent lever to steer the company towards a future that's environmentally friendly. Moving forward, we intend to amplify investments in projects and initiatives aimed at curbing greenhouse gas emissions.
Eco-efficient investments 2021
Every fresh investment undertaken by the Store Makers at umdasch is assessed through the lens of sustainability considerations. Currently, over 60 percent of all investments within the Umdasch Group contribute to fostering a more sustainable future.
more than 20% revenue growth between 2019 & 2022
Whilst the year 2020 was for the entire industry a set-back, we were pleased to see a very strong bounce back in the Middle East and paired with continued investments into growth this has led to an increase of revenues by ~20% from 2019 to 2022 for the Store Makers - Middle East.
Working Capital Ratio of ~1.75
Maintaining a healthy working capital ratio of around 1.75 for our manufacturing operations in the Middle East, means that there are always more than enough current assets available to cover the current liabilities in the business.
umdasch group revenues of >1.5 bn EUR
With the umdasch The Store Makers Group as a partner we can always call on a financially very powerful entity if required. With annual revenues of more than 6bn AED consolidated within the group and an equity ratio of 59.7% the umdasch group is one of the 6,000 largest private companies in the word and offers a stable backbone.
Gearing Ratio of 17%
With a low gearing ratio of only 17% the Store Makers - Middle East have very little debt to financial institutions, which creates a healthy foundation for further investments into the future.
~6% EBIT Target
With around 6% earnings before interest & taxes, the Store Makers in the Middle East are targeting a very moderate but sustainable return on their sales to deliver best value to the customers across the region. Due to the fact that the business requires very little investments, the targeted ROI is however above 10%.
Starting from the outset of 2022, all pertinent investments undergo scrutiny to assess their ecological efficiency prior to execution. This cultivates a widespread consciousness for sustainability and sets the trajectory for comprehensive and sustainable business initiatives and investments.
In 2021, a favorable ecological impact was attributable to 60 percent of all investments across the entirety of the Umdasch Group.
umdasch Group Finances
The Store Makers - Middle East are powered by the umdasch group, which can offer a financially very strong and stable backbone. For more detailed information about the umdasch group financials download the latest annual report by clicking on the link below.
