Dogan Sirketler Grubu Holding A.s. · BIST:DOHOL

Dogan Sirketler Grubu Holding A.s — Q1 2022 Earnings Presentation

16 slides from Dogan Sirketler Grubu Holding A.s's earnings presentation, May 11, 2022

  1. Slide 1: Doğan Holding 1Q22 Financial Results

    Doğan Holding 1Q22 Financial Results May 11, 2022

  2. Slide 2: Agenda

    Agenda I. 1Q22 Highlights II. Financial Structure III. Segment Performance IV. Historical Financials 2019 – 2022 V. Operational Results by Segments 1 Doğan Holding 1Q22 Financial Results

  3. Slide 3: Highlights of 1Q22

    Highlights of 1Q22 Revenue – mn TL EBITDA – mn TL  Consolidated revenue grew by 162% q/q to TL 7.4 bn in 2022 • Market share gains across almost all business lines  Net Profit rose by 184% q/q to TL 1.2 bn in 2022 • Consolidated EBITDA grew by 410% q/q to TL 1.247 mn, with EBITDA margin expansion

  4. Slide 4: Financial Highlights

    Financial Highlights Income Statement Summary Balance Sheet Summary TL mn 1Q21 1Q22 Δ TL mn FY21 1Q22 Δ Hasılat 2.841 7.433 162% Current Assets 15.514 19.142 23% Satışların Maliyeti (2.481) (5.910) 138% Non-Current Assets 6.781 7.596 12% Total Assets 22.295 26.739 20% Brüt Kar 360 1.523 323% Current

  5. Slide 5: Financial Structure

    Financial Structure Consolidated Net Cash/(Debt) – in TL mn Consolidated and Stand-alone Net Cash – in USD mn USD mn FY20 1Q21 FY21 1Q22 Consolidated Cash* 726 726 729 802 Consolidated Net Cash 331 315 380 308 Consolidated Net Fx Position 379 297 365 359 Stand-alone Net Cash** 361 365 354 155 • ST F

  6. Slide 6: Financial Structure

    Financial Structure Consolidate Net Cash/(Debt) TL mn FY21 1Q22 Δ Petroleum Products Retail (625) (841) (216) Electricity Generation (488) (274) 215 Industry & Trade (1,152) (1,581) (428) CELHA (135) (196) (62) DITAS (79) (138) (59) Dogan Dis Ticaret (432) (601) (169) Sesa Yatırım (499) (607) (108)

  7. Slide 7: Share Buyback / Dividend Outflow & Inflow

    Share Buyback / Dividend Outflow & Inflow Ongoing Share Buyback Program Dogan Holding Dividend Payments Dividend Inflow from Subsidiaries - Adopted in 2019; Maximum 130.8mn - Dividend Policy: ≥ 5% of share capital to - Growing stream of dividends from shares or up to TL131mn be distributed portfolio

  8. Slide 8: Segment Structure

    Segment Structure Petroleum Pro. Automotive Finance & Internet & Real Estate Electricity Gen. Industry Retail Distribution Investment Entertainment Investments Aytemiz Galata Wind Çelik Halat D Gayrimenkul Doğan Trend Doruk Factoring Glokal Digital Boyabat HEPP (JV) Ditaş (Hepsi Emlak) Milpa Suzuki

  9. Slide 9: Segment Performance Snapshot – 1Q22

    Segment Performance Snaphot – 1Q22 Petroleum Electricity Automotive Internet Real Estate Industry & Trade Finance & Investment Total Products Retail Generation Distribution & Entertainment Investments Revenue mn TL* 4.746 290 1.257 390 504 199 47 7.433 % of 64% 4% 17% 5% 7% 3% 1% 100% Revenue EBITDA

  10. Slide 10: Revenue & EBITDA Breakdown

    Revenue & EBITDA Breakdown Revenue Breakdown by Segment* (TL mn) & % ch q/q EBITDA Breakdown by Segment (TL mn) & EBITDA Margin (%)* 157% 229% 121% 262% 575% 53% 111% 162% 6,1% 87,5% 15,5% 24,0% 76,2% 10,9% 22,0% 16,8% D q/q EBITDA Margin * After intersegment eliminations * Before intersegment elimi

  11. Slide 11: Historical Financials 2019 – 2022

    Historical Financials 2019 – 2022 Revenues – mn TL Gross Profit – mn TL EBITDA – mn TL 16,921 1,715 2,439 13,254 1,247 10,770 1,523 902 7,433 1,289 1,076 679 2,841 360 245 FY19 FY20 FY21 1Q21 1Q22 FY19 FY20 FY21 1Q21 1Q22 FY19 FY20 FY21 1Q21 1Q22 Net Profit (Parent) – mn TL Solo Net Cash/(Debt) – mn

  12. Slide 12: Operational Results by Segments

    Operational Results by Segments Petroleum Products Retail Electricity Generation TL mn 1Q21 1Q22 Δ TL mn 1Q21 1Q22 Δ Sales 1.850 4.750 157% Sales 88 290 229% Cost of Goods Sold (1.758) (4.384) 149% Cost of Goods Sold (31) (44) 43% Gross Profit 92 366 298% Gross Profit 57 246 329% Gross Margin 5,0% 7

  13. Slide 13: Operational Results by Segments

    Operational Results by Segments Finance & Investment Automotive Distribution TL mn 1Q21 1Q22 Δ TL mn 1Q21 1Q22 Δ Sales 84 514 514% Sales 108 394 264% Cost of Goods Sold (33) (69) 111% Cost of Goods Sold (92) (285) 210% Gross Profit 51 445 772% Gross Profit 17 109 561% Gross Margin 60,9% 86,6% Gross

  14. Slide 14: Operational Results by Segments

    Operational Results by Segments Internet & Entertainment Real Estate Investments TL mn 1Q21 1Q22 Δ TL mn 1Q21 1Q22 Δ Sales 130 199 53% Sales 25 51 100% Cost of Goods Sold (71) (108) 52% Cost of Goods Sold (13) (35) 167% Gross Profit 59 91 55% Gross Profit 12 15 28% Gross Margin 45,2% 45,7% Gross Mar

  15. Slide 15: Notice

    Notice Doğan Şirketler Grubu Holding A.Ş. (“Doğan Holding”) has Investors and prospective investors in securities of any issuer Doğan Holding and its Subsidiaries and Joint Ventures (Doğan prepared this book (the “Book”) for the sole purpose of mentioned herein are required to make their own indepen

  16. Slide 16: Thank You

    Doğan Şirketler Grubu Holding A.Ş. Burhaniye Mah. Kısıklı Cad. No.65 34676 Üsküdar, İstanbul T: +90 216 556 9000 www.doganholding.com.tr Thank You For further information E-mail: ir@doganholding.com.tr 15 Doğan Holding 1Q22 Financial Results

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