Adnoc Distribution Looking at Two New Expansion Destinations: COO

The transcript discusses a company's strategy to replace revenue by eliminating fees and introducing a loyalty program. It highlights a 15% profit increase and plans for domestic and international expansion, particularly in the UAE and Saudi Arabia. The company is considering issuing more shares and bonds to support growth. It emphasizes the importance of execution and cash flow management, while exploring new market opportunities in Egypt and North Africa.

What prompted the company to remove the $10 fee?

• Government regulations

• Competitor pricing

• Supply chain issues

• Customer feedback

How many new stores does the company plan to open by the first half of 2020?

• 30

• 45

• 60

• 75

What is the expected margin increase in Saudi Arabia?

• 60%

• 65%

• 50%

• 55%

Why is the company not considering issuing bonds at the moment?

• They are cash-rich

• Interest rates are too high

• Regulatory restrictions

• They lack investor interest

What is the company's approach to handling liquidity and dividend concerns?

• Focusing on revenue growth

• Reducing operational costs

• Issuing more shares

• Increasing free float

Which market is considered promising due to rising incomes and population growth?

• Egypt

• India

• China

• Brazil

What is the company's strategy for international expansion?

• Expand into Europe

• Explore markets in North Africa

• Focus solely on the UAE

• Consolidate existing markets