Tat Gida Sanayi A.s. · BIST:TATGD
Tat Gida Sanayi A.s — Tat Gıda Sanayi A.Ş. — H1 2017 Earnings Presentation
10 slides from Tat Gida Sanayi A.s's earnings presentation, 2017
Slide 1: Tat Gıda Sanayi A.Ş. H1 / 2017 Financial Results
Tat Gıda Sanayi A.Ş. H1 / 2017 Financial Results 1
Slide 2: Net Sales Breakdown by Product Group (TL Mn)
Net Sales Breakdown by Product Group (TL Mn) 981 Total 911 58 817 778 52 696 60 67 60 544 516 492 501 347 441 31 36 394 267 301 111 367 379 315 252 242 203 179 2012* 2013** 2014** 2015 2016 2016-H1 2017-H1 Tomato Paste & Canned Food Meat Dairy Pasta *Harranova livestock business figures excluded due
Slide 3: Net Sales Breakdown by Region (%)
Net Sales Breakdown by Region (%) 93 90 90 91 91 10 10 7 9 9 2012* 2013** 2014** 2015 2016 Domestic Export *Harranova livestock business figures excluded due to the discontinued operation. **Harranova tomato and Maret business figures excluded due to the discontinued operations. 3
Slide 4: Gross Profit (TL Mn)
Gross Profit (TL Mn) 250 30,0% 230 24,3% 25,0% 200 21,6% 21,1% 23,5% 20,3% 22,7% 205 22,6% 20,0% 150 172 15,0% 158 158 122 100 111 10,0% 50 5,0% 0 0,0% 2012* 2013** 2014** 2015 2016 2016-H1 2017-H1 Gross Profit GP Margin % *Harranova livestock business figures excluded due to the discontinued operat
Slide 5: Operating Profit (TL Mn)
Operating Profit (TL Mn) 70 9,0% 8,0% 60 7,7% 7,0% 58 63 50 5,6% 6,4% 6,0% 6,4% 5,1% 40 5,0% 39 42 3,6% 3,7% 38 4,0% 30 3,0% 20 29 2,0% 19 10 1,0% 0 0,0% 2012* 2013** 2014** 2015 2016 2016-H1 2017-H1 Operating Profit OP Margin % *Harranova livestock business figures excluded due to the discontinued
Slide 6: EBITDA (TL Mn)
80 EBITDA (TL Mn) 9,0% 8,5% 70 7,6% 7,5% 7,6% 8,0% 74 7,0% 60 6,2% 68 5,9% 6,0% 50 53 51 5,0% 4,5% 40 46 43 4,0% 30 3,0% 20 23 2,0% 10 1,0% 0 0,0% 2012* 2013** 2014** 2015 2016 2016-H1 2017-H1 EBITDA EBITDA Margin % *Harranova livestock business figures excluded due to the discontinued operation. **
Slide 7: Income Before Tax (TL Mn)
Income Before Tax (TL Mn) 80 9,0% 7,9% 70 8,0% 7,0% 7,1% 7,0% 60 69 6,0% 50 64 5,1% 4,6% 5,0% 40 4,3% 4,0% 30 40 35 3,0% 32 20 26 1,8% 2,0% 10 14 1,0% 0 0,0% 2012* 2013** 2014** 2015 2016 2016-H1 2017-H1 Income Before Tax IBT Margin % *Harranova livestock business figures excluded due to the discont
Slide 8: Net Income (TL Mn)
Net Income (TL Mn) 80 9,0% 8,2% 70 8,0% 7,4% 67 6,6% 7,0% 60 65 6,0% 50 5,0% 40 4,0% 4,0% 4,0% 41 30 33 3,0% 20 2,0% 21 10 1,0% 0,3% 0,4% 0 3 2 0,0% 2012 2013 2014* 2015 2016 2016-H1 2017-H1 Net Income NI Margin *Maret asset sales income excluded. 8
Slide 9: Net Financial Debt / Assets (TL Mn)
Net Financial Debt / Assets (TL Mn) 800 50,0% 47,3% 45,0% 700 44,4% 43,6% 705 40,0% 600 691 35,0% 664 655 500 30,0% 606 400 582 25,0% 527 20,0% 300 15,0% 14,1% 200 10,8% 275 10,0% 269 230 100 6,3% 4,4% 5,0% 94 71 31 44 0 0,0% 2011* 2012* 2013** 2014** 2015 2016 2017-H1 Assets Net Financial Debt Marg
Slide 10: Net Financial Debt / EBITDA (TL Mn)
Net Financial Debt / EBITDA (TL Mn) 7,0 80 6,0 70 6,0 74 60 5,0 68 50 4,0 4,4 55 40 3,0 53 51 30 2,0 46 20 1,0 1,8 10 1,0 0,8 0,0 0,4 0 2012* 2013** 2014** 2015 2016 2017-H1 275 EBITDA Net Financial Debt / EBITDA (rolling) 300 275 230 250 225 200 Net Financial Debt 175 150 94 125 71 100 44 75 31 50