Biotrend Cevre Ve Enerji Yatirimlari As · BIST:BIOEN
Biotrend Cevre Ve Enerji Yatirimlari As — Biotrend Çevre ve Enerji Yatırımları A.Ş. — Investor Presentation (March 2024)
32 slides from Biotrend Cevre Ve Enerji Yatirimlari As's investor presentation, Mar 31, 2024
Slide 1: Investor Presentation
Investor Presentation 31 March 2024
Slide 2: Agenda
Agenda 01 Company Overview 02 Investment Highlights 03 Strategy and Sustainable Growth Targets 04 Financial Overview of 2024-Q1 05 Annex 2
Slide 3: Company Overview
Goren »> Company Overview
Slide 4: Company Overview
Company Overview 2021 2017 ▪ Biotrend is publicly traded in Borsa Istanbul since Türkiye's ▪ Founded in 2017, Biotrend Çevre ve Enerji Yatırımları A.Ş. April 2021 under the ticker «BIOEN»,. ▪ Indexes Biotrend included in: BIST (“Biotrend” or the “Company”) is Largest the largest integrated waste COR
Slide 5: Shareholding Structure
Shareholding Structure Biotrend* Shareholding About Doğanlar Holding A.Ş. Structure Apart from its activities in the field of energy, Doğanlar Holding also has investments in furniture, 5.9% construction and retail. Strong and European Bank For Reconstruction & Development (EBRD) Furniture Construct
Slide 6: 2024/Q1 – Biotrend at a Glance
2024/Q1 – Biotrend at a Glance 19* 783 thousand tons 6,1 Years 603 million TRY Total Facilities Waste (organic waste) Average remaining YEKDEM term Revenues Disposal 118,4* MWe 10+ Fields 133 USD/MW & 161 million TRY Total Installed Capacity Other existing and planned EBITDA activities other than en
Slide 7: 19 Facilities, 118.4 MWe Installed Capacity
11* City, 19* Facilities 19* Facilities 11** Giresun Integrated Waste 1 facilitiy Çanakkale Bursa Management and 2 facilities 2 facilities Balıkesir Energy Generation 1 facility Sivas Aksaray 2 facilites 1 facilitiy Uşak 1 facility Malatya 6 3 facilities Energy Generation İzmir Facilities 3 faciliti
Slide 8: Investment Highlights
Goren »> 1A Investment Highlights
Slide 9: Türkiye's Only and Largest Publicly Traded Integrated Waste Management Platform
Türkiye's Only and Largest Publicly Traded Integrated Waste Management, Energy 1 Generation and Bio-circular Economy Platform 2 Integrated Waste Management Benefiting from Revenue Diversification Including a New Plastic Upcycling Facility, Carbon Trading, Recycling and Greenhouse Farming Strong Glob
Slide 10: Türkiye's Only and Largest Integrated Waste Management
1 Key Considerations Installed Capacity*, Licence Capacity* Average Installed Capacity, Incoming Waste ▪ As of 31.03.2024, Türkiye’s largest waste management and power generation player with 118,4* Mwe total installed capacity, 181,2* MWe 181,3 181,3 181,3 total licence capacity, 151,48 GWh of net a
Slide 11: Integrated Waste Management Benefiting from Revenue Diversification
2 Current Activities Planned Activities Integrated Waste Management Electricity Generation Plastic Upcycling* Benefiting from Recycled Products Compost Revenue Diversification Steam Generation Including a New Refuse-Derived Fuel (RDF) Plastic Upcycling Mechanical Recycling Waste Disposal Facility, C
Slide 12: Overview of Carbon Certification Projects
2 Overview of Carbon Certification Projects 3 different certification 2022 – 31.03.2024 Apart from the reserve, programs covering all total carbon credit certified emissions our operations revenue reduction credit each year VCS GCC ICR 7.3 Million USD 2-3 Million Tons 12
Slide 13: Greenhouse Farming
2 Greenhouse Farming Türkiye's First Modern Glass Greenhouse Project Using Waste Energy from Biogas Plant Hydroponic Agriculture Technology Tomato Production Target of ~2.000-2.500 Tons/Year %100 Export Target 13
Slide 14: Plastic Upcycling - Aliağa Project
2 Plastic Upcycling - Aliağa Project 60 kmta plant based on a proven and sustainable technology acquired and improved by Honeywell Production of ~ 55 kmta of Recycled Polymer Feedstock (RPF) Bergama Waste Management Facility of 9.2 Billion TL Super State Incentive Biotrend Project Aliaga Location Lo
Slide 15: Plastic Upcycling – Operational Steps
2 Plastic Upcycling – Operational Steps 1 2 4 3
Slide 16: Upcycle – Freepoint Eco-Systems Partnership
2 Upcycle – Freepoint Eco-Systems Partnership Envisaged Structure According to the non-binding Term Sheet, the collaboration Doğanlar Osman Publicly between the companies is to develop upcycling projects in Freepoint EBRD regions such as Turkey, the Balkans and Central Asia. Holding N. Vardı Trade A
Slide 17: Strong Global and Local Will Supporting Growth
3 2 Strong Global and Local Will Supporting Domestic & International Growth 1 3 Expectations & Renewable Energy EU Directives Ease of Access Carbon Emissions to Financing Green Consensus Sources Circular Economy Green Financing Sources Zero Waste Project Sustainable Agriculture Carbon Border Adjustm
Slide 18: Sustainable and Eco-Friendly
4 ▪ In 2021, Biotrend became the UN Global Compact & UN Women signatory of the UN Global Compact ▪ In 2023 became the signatory of the UN Women Sustainable ▪ Carbon Certification Projects &Sustainability Projects and Eco- ▪ Plastic Upcycling Zero-Carbon and Sustainability ▪ Continuous effort to impr
Slide 19: Strategy and Sustainable Growth Targets
Strategy and Sustainable Growth Targets
Slide 20: Strategy and Sustainable Growth Targets
Strategy and Sustainable Growth Targets OPERATIONAL DOMESTIC INORGANIC EFFICIENCY GROWTH INTERNATIONAL DOMESTIC & INTERNATIONAL ORGANIC GROWTH VERTICAL GROWTH 20
Slide 21: Financial Overview
Goren »> ool Financial Overview
Slide 22: Revenues
Revenues (TRY Million) Revenues Including TAS-29 Inflation Adjustments 2.338 -4% 2.233 46% - 4% 1% 600 603 2022 2023 2023 Q1 2024 Q1 22
Slide 23: Profitability
Gross Profit (TRY Million) Including TAS-29 Inflation Adjustments 797 Profitability 34% 15% 25% 14% - 58% 338 - 46% 152 82 2022 2023 2023 Q1 2024 Q1 Gross Profit Margin EBITDA (TRY Million) Including TAS-29 Inflation Adjustments 886 27% 38% 24% 25% - 41% 525 7% 150 161 2022 2023 2023 Q1 2024 Q1 EBIT
Slide 24: Net Profit
Net Profit (TRY Million) Net Profit Including TAS-29 Inflation Adjustments 948 42% 25% 56% 93% 577 64% 88% 558 67% 334 2022 2023 2023 Q1 2024 Q1 Net Profit Margin 24
Slide 25: Net Financial Debt
Net Financial Debt Net Financial Indebtedness (TRY million) 31.12.2023 31.03.2024 Short-Term Indebtedness 321 1.235 Short-Term Portion of Long-Term Bank Loans 721 543 Leasing Debts 15,0 22,0 Short-Term Financial Indebtedness 1.057 1.800 Long-Term Indebtedness 2.477 1.799 Leasing Debts 57 34 Long-Ter
Slide 26: Annex
Annex
Slide 27: Balance Sheet
Balance Sheet TRY Million 31.12.2023 31.03.2024 Cash and Cash Equivalents 169,4 115,4 Trade Receivables 286,9 256,5 Stocks 374,7 404,4 Prepaid expenses 282 232,2 Others 205,9 172,8 CURRENT ASSETS 1.319 1.181 Investments Accounted for Using Equity Method 323,7 323,7 Investment Properties 38,3 40,0 Ta
Slide 28: Income Statement
Income Statement TRY MILLION 31.03.2023 31.03.2024 Revenue 599,80 603,10 Cost of Sales -448,00 -520,60 Gross Profit 151,8 82,5 General Administrative Expenses -115,1 -135,8 Marketing Expenses -0,3 -0,6 Other Operating Income 97,1 17,2 Other Operating Expenses -39,0 -8,6 Operating Profit / (Loss) 94,
Slide 29: Facility photos
AYDIN-ÇİNE BERGAMA ÇÖP BİYOKÜTLE GAZ ELEKTRİK ELEKTRİK ÜRETİM ÜRETİM TESİSİ TESİSİ SİVAS SERACILIK 29
Slide 30: Awards
Awards Bronze Award in the Sustainable Energy 6th Türkiye Energy and Climate Forum - Our “Renewable Energy Brand of the Year” award at Energy and Natural Resources Summit Our Energy category at the EBRD Sustainability Awards 2022 Energy Our Future Awards the Türkiye Innovation and Success Awards is
Slide 31: Disclaimer
Disclaimer The information contained in this presentation is provided by Biotrend Çevre ve Enerji Yatırımları A.Ş (“Biotrend” or “Company”). The information contained in this presentation is not meant to be comprehensive and has not been independently verified. The information used in the presentati
Slide 32: Thank you!
Biotrend Investor Relations Gözde Çivici Investor Relations Director & Corporate Secretary Şeyma İnayet Uygur Investor Relations Executive yatirimci.iliskileri@biotrendenerji.com.tr +90 216 693 03 80 www.biotrendenerji.com.tr BiotrendA Biotrend Enerji biotrendenerji Thank you!
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