Global Yatirim Holding A.s. · BIST:GLYHO
Global Yatirim Holding A.s — Global Investment Holdings — 9M 2024 Earnings Presentation
19 slides from Global Yatirim Holding A.s's earnings presentation, 2024
Slide 1: Financial Presentation 9M 2024
GLOBAL INVESTMENT HOLDINGS Financial Presentation 9M 2024
Slide 2: Corporate Portfolio
Corporate Portfolio Ports Power Gas Mining Finance Real Esate GFS HOLDING A.Ş. 90.3% 50.9% 60.0% 97.7% 66.6% 100% Van's first The world's largest Co/Tri generation: Turkey’s & Europe’s One of Turkey’s AUM: 106.4bn TL shopping centre independent cruise 59.3 MW installed leading non-piped
Slide 3: I – Financial Review
G GLOBAL INVESTMENT HOLDINGS |— FINANCIAL REVIEW
Slide 4: Financial Highlights
Financial Highlights as per IAS29 2 2 Net revenues (mn TL) Q1 24 Q2 24 Q3 24 9M 24 9M 23 % Change Gas 1,616.5 917.8 1,119.9 3,654.1 4,037.8 -10% Power 341.9 330.3 310.1 982.3 1,199.8 -18% Mining 140.9 122.1 125.5 388.5 497.9 -22% Ports1 1,462.7 2,185.9 2,447.6 6,096.2 4,937.6 23% Brokerage&Asset Man
Slide 5: Change in Revenue & EBITDA
Financial Highlights (as per IAS29) Change in Revenue & EBITDA Revenue (mn TL)1 EBITDA (mn TL) 1 Revenues exclude the impact of IFRIC 12 on Cruise Ports amounting to 767.8mn TL for 9M 2024 and 994.6mn TL for 9M 2023 5
Slide 6: Financial Highlights: Change in P&L
Financial Highlights: Change in P&L GIH reported a consolidated net profit of 1,100.1mn TL in 9M 2024, compared to a net profit of 596.6mn TL in 9M 2023, indicating 84% increase yoy. The bottom line incorporated non-cash expenses of depreciation & amortization amounting to 1,797.1mn TL and net for
Slide 7: Net Debt/EBITDA (as per IAS29)
Net Debt/EBITDA (as per IAS29) As a result of the project financing for the San Juan and St. Lucia ports, Net Debt rose by 117mn USD. However, with only 7.3mn USD of EBITDA from these ports being consolidated in the financial statements for the first nine months of the year, the Net Debt/EBITDA ra
Slide 8: III – Financial & Operational Performance by Division
III – FINANCIAL & OPERATIONAL PERFORMANCE BY DIVISION
Slide 9: Ports Division: Global Ports Holding Plc (GPH)
Ports Division: Global Ports Holding Plc (GPH) Total Calls Cruise Occupancy Ratio 493 488 483 107% 459 108% 445 104% 113% 440 427 407 389 353 349 347 105% 314 304 100% 98% 374 322 305 242 Jan Feb Mar Apr May Jun July Aug Sep Jan Feb Mar April May June July Aug 2023 2024 2023 2024 Total Pax Number
Slide 10: Ports Division: Global Ports Holding Plc (GPH)
Ports Division: Global Ports Holding Plc (GPH) Revenue (mn TL)1 The cruise industry continued to experience strong demand in Q3 2024 with booking volumes 6.096 surpassing 2023 levels, marking record numbers for 2024 sailings. In line with this, strong 23% 4.938 demand and occupancy rates are also
Slide 11: Gas Division: Naturelgaz
Gas Division: Naturelgaz Volume (mn sm3) 215 173 24% Sales volume reached 215mn Sm3 in 9M 2024, representing an increase of 24% yoy. Citygas sales volume increased by 35% yoy, reaching 100mn Sm3 . The number of districts and towns reached 129 by the end of Sep 2024. Due to inflation accounting
Slide 12: Power Generation: Distributed Energy, Biomass and Solar
Power Generation: Distributed Energy, Biomass and Solar Total Installed Capacity 97.6 MW The power division will have increased its total installed capacity to 108 MW, when both the 6.7 MWp solar capacity commissioned Solar; in one biomass plant in October 2024 as well as on-going plant installati
Slide 13: Mining Division: Straton
Mining Division: Straton Revenue (mn TL) 498 -%22 389 9M 23 9M 24 The Company, because of the decline in demand from the local and European markets, reported a sales volume of 191,513 tons in 9M 2024, representing a 28% decrease yoy. EBITDA (mn TL) The Company’s main export markets continued to
Slide 14: Real Estate Division: Ardus
Real Estate Division: Ardus • The Real Estate division’s revenues include rent revenues and residential/commercial sales revenues. The real estate division registered 4% decrease in revenues and 7% increase in EBITDA in 6M 2024 yoy, with revenues and EBITDA standing at 158mn TL and 78mn TL, respec
Slide 15: Asset Management & Brokerage Division
Asset Management & Brokerage Division: Istanbul Asset Management & Global Securities & Global MD Revenues of the brokerage and asset management division consists of securities brokerage commissions, interest revenues on margin lending transactions, portfolio management fees, proprietary trading re
Slide 16: IV – Appendix
G GLOBAL INVESTMENT HOLDINGS IV — APPENDIX
Slide 17: Balance Sheet (as per IAS29)
Balance Sheet (as per IAS29) (TL Million) 30 Sep 2024 31 Dec 2023 ASSETS Current assets 14,872.7 12,036.7 Cash and banks 8,342.0 5,972.4 Marketable securities 1,033.2 949.9 Trade and other receivables 2,904.9 2,699.0 Inventories 660.1 786.0 Other current assets 1,932.5 1,629.4 Non-current assets 49,
Slide 18: Income Statement (as per IAS29)
Income Statement (as per IAS29) (TL Million) 9M 2024 9M 2023 Total gross revenue 13,265.57 12,973.99 Cost of sale and service -7,311.29 -7,733.12 Gross profit 5,954.27 5,240.88 Operating expense -2,937.99 -2,522.26 Other operating income/(loss), net 143.23 149.80 Equity pickup asset gain/(loss) 128.
Slide 19: Disclaimer
Disclaimer The information contained in this document has not been independently verified. No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this docum
Global Investment Holdings — 9M 2024 Earnings Presentation on 6ix