Cuhadaroglu Metal Sanayi Ve Pazarlama As · BIST:CUSAN
Cuhadaroglu Metal Sanayi Ve Pazarlama As — Q1 2020 Earnings Presentation
41 slides from Cuhadaroglu Metal Sanayi Ve Pazarlama As's earnings presentation, 2020
Slide 1: Investor Presentation 2020 1Q
INVESTOR PRESENTATION 2020 1Q
Slide 2: Notice
NOTICE This presentation was prepared to inform the investors about Çuhadaroğlu Metal Sanayi ve Pazarlama A.Ş. (“Çuhadaroğlu Metal” or “Company”) and Çuhadaroğlu Alüminyum Sanayi ve Ticaret A.Ş. (“Çuhadaroğlu Alüminyum” or “Subsidiary”) activities. The information presented here may differ. Company
Slide 3: Agenda
AGENDA ÇUHADAROĞLU AT A GLANCE…………….3 SECTOR INFORMATION……………………….7 COMPANY INFORMATION…………………14 ACTIVITIES………………………………………..27 FINANCIALS………………………………………34 MISSION & VISION & VALUES…….…....38 2
Slide 4: Çuhadaroğlu at a Glance
ÇUHADAROĞLU AT A GLANCE 3
Slide 5: Milestones
MILESTONES Çuhadaroğlu Group’s business operations began back in Ahmet Çuhadaroğlu’s architecture office at the Taksim Tunnel in 1954 . Founder Ahmet Çuhadaroğlu did iron joinery business in the early years. In the upcoming years, aluminium joinery business took over of iron joinery. Business mainly
Slide 6: Group Companies
GROUP COMPANIES Çuhadaroğlu Family: 74,04% Other (Traded at BIST): 25,96% Çuhadaroğlu Metal: 66,54% Çuhadaroğlu Family: 33,46% Çuhadaroğlu Family: 100% 5
Slide 7: Group Companies
GROUP COMPANIES Producing; aluminium Contract works and Participating all kind of facade, door-window, projects of building public or private architectural practise system elements made from construction tenders and profiles, all kind of raw an aluminium, steel and other at home and abroad and surfa
Slide 8: Sector Information
SECTOR INFORMATION 7
Slide 9: Why Aluminium?
WHY ALUMINIUM? Metal commonly used Rapidly increasing usage after steel Easy and Cheap Light and Durable Easily Processable High Conductivity Corrosion Resistant Recycling 75% of produced High conductivity Low density, aluminium Easy and wide for not only Having oxite layer high strenght by this tim
Slide 10: Global Aluminium Flow
GLOBAL ALUMINIUM FLOW Bauxite Reserve Metal that is abundant and prevail in the World ~ 30 Billion Guinea, Australia, Brasil, Vietnam, Tons Jamaica, Indonesia and China have 80% of bauxite reserve in the Word Enough reserve at least for 100 years + = 2020 World Aluminium Production (Estimated) Prima
Slide 11: Usage Areas of Aluminium
USAGE AREAS OF ALUMINIUM Aluminum Consumption Forecast by Sector (Thousand Tons) (2014-2025T) Change Change Sector 2014 2015 2020T 2025T 2015-2020T 2015-2025T Building Sector Transportation 18.992 20.129 25.793 5,1% 32.508 4,7% Building 15.463 16.445 21.011 5,0% 27.569 5,6% Packaging 10.075 10.620 1
Slide 12: Aluminium Sector in Turkey
ALUMINIUM SECTOR IN TURKEY Turkey’s 87 MT bauxite reserve is only 0,4% of global bauxite reserve. Total primary aluminium amount that can be produced with this reserve is 25 MT. So domestic reserve is not enough for domestic demand. Turkish aluminium sector has an important position with over 1.500
Slide 13: Aluminium Building Materials Sector in Turkey
ALUMINIUM BUILDING MATERIALS SECTOR IN TURKEY Aluminium is commonly used at building sector in Turkey. Profile, pipe and bars used at the building sector constitute the extrusion group. The profiles produced by extrusion method are not only used in many of architectural practices like internal or ex
Slide 14: Global Aluminium Building Materials Trade
GLOBAL ALUMINIUM BUILDING MATERIALS TRADE China is the leader at global aluminum building materials export in the world. Group Based Aluminum Export by Turkey (USD Million) Germany and USA follow the China respectively. Turkey is ranked as the 9th Group 2019/03 2020/03 Change Aluminum Bars, Rods & P
Slide 15: Company Information
COMPANY INFORMATION 14
Slide 16: Company Profile
COMPANY PROFILE Date / Place of Registration 1978 / Istanbul Trade Registry Number 157656 Central Trade Registry (MERSİS) Number 0264001872900010 Registered / Paid Capital 71.250.000 TL Stock Exchange / Shares’ Code Borsa İstanbul (BIST) / CUSAN Head Office and Plant Adress Yakuplu Mah. Hürriyet Bul
Slide 17: Shareholding Structure
SHAREHOLDING STRUCTURE 18.500.000 23.082.917 25,96% Murat Ruhi Çuhadaroğlu 32,40% Halil Nejat Çuhadaroğlu Sevim Çuhadaroğlu 9,24% 6.584.166 Other (Traded at BIST) 32,40% 23.082.917 16
Slide 18: Share Price Performance
SHARE PRICE PERFORMANCE 5 130.000,00 125.000,00 120.000,00 4 115.000,00 110.000,00 3 105.000,00 100.000,00 95.000,00 2 90.000,00 85.000,00 1 80.000,00 01.01.2020 > > > > > 31.03.2020 CUSAN BIST 100 17
Slide 19: Our Head Office and Plant
OUR HEAD OFFICE AND PLANT Çuhadaroğlu Metal production lines have integrated structure that begins with casting and finishes final product and comprise of foundry, mold production line, extrusion lines, surface treating lines, mechanical processing and assembly lines and R&D centre. Çuhadaroğlu Meta
Slide 20: Production
PRODUCTION FOUNDRY MOLD PRODUCTION LINE EXTRUSION LINES SURFACE TREATMENT LINES MECHANICAL PROCESSING & ASSEMBLY R&D 19
Slide 21: Our Products
OUR PRODUCTS Esthetic Quality Innovator ARCHITECTURAL PROFILE SYSTEMS FACADE FACADE CLADDING JOINERY SKYLIGHT SUN BREAKER 20
Slide 22: Our Certificates
OUR CERTIFICATES ISO 9001 TS EN 755-1 EN 1090-1 ISO 14001 TS EN 1935 EN 1935 ISO 27001 TS EN 12020-1 EN 15088 ISO 45001 TS EN 16005 EN 16005 TS 4922 21
Slide 23: Subsidiary Information – Company Profile
SUBSIDIARY INFORMATION – COMPANY PROFILE Date / Place of Registration 1978 / Istanbul Trade Registry Number 157654 Central Trade Registry (MERSİS) Number 0264001850100018 Registered / Paid Capital 10.000.000 TL Head Office and Plant Adress Head Office: Yakuplu Mah. Hürriyet Blv.No:6-8 34524 Beylikdü
Slide 24: Subsidiary Information – Company Profile
SUBSIDIARY INFORMATION – COMPANY PROFILE Çuhadaroğlu Alüminyum San. ve Tic. A.Ş. is subsidiary of Çuhadaroğlu Çuhadaroğlu Alüminyum is one of the rare companies which can offer Metal San. ve Paz. A.Ş. and subject to the consolidation. Çuhadaroğlu integrative service begins with design and continues
Slide 25: Subsidiary Information – Some Completed Projects
SUBSIDIARY INFORMATION – SOME COMPLETED PROJECTS İş Bankası Head Office – Tour D2 – Paris, Sabancı Center – Istanbul, 1991 Campus De Jussieu – Paris, 2004 Istanbul, 1998 2013 Levent 199 (Zorlu) Torun Center – City Road – London, 2014 Adnan Menderes Airport – Izmir, 2014 – Istanbul, 2013 Istanbul, 20
Slide 26: Subsidiary Information – Completed Projects
SUBSIDIARY INFORMATION – COMPLETED PROJECTS Ağaoğlu Maslak 1453, Istanbul, 2017 Business Istanbul, Istanbul, 2017 Rönesans Piazza Maltepe, Istanbul, 2018 Inistanbul 1.-2. Stage, Istanbul Bimerazi, İran, 2018 25
Slide 27: Subsidiary Information – Ongoing Projects
SUBSIDIARY INFORMATION – ONGOING PROJECTS Crescent Development Hotel, Azerbaijan Kocaeli İntegrated Health Campus, Kocaeli Queen Central Park, Istanbul Backlog value of ongoing projects are 118 Million TL in total as of 31.03.2020 Ercan Airport, Nortern Cyprus Inistanbul 3.-4. Stage, Istanbul TEM Tu
Slide 28: = — AXLAPALX ra” ’
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Slide 29: Production
PRODUCTION Çuhadaroğlu Metal reached 32.000 Tons billet, 20.000 Tons Extrusion production capacity with the investments made recent years. Billet Production (KT) Profile Production (KT) 2,52 2,43 2,01 1,68 2019/03 2020/03 2019/03 2020/03 Billet production has been 1,68 K Tons with the 33,4% Aluminiu
Slide 30: Research & Development
RESEARCH & DEVELOPMENT Çuhadaroğlu Group gives cares about innovation and creativity, placed R&D operations into the centre of its strategy. The following studies were carried out as of 31.03.2020 in the R&D activities, which are mainly in the construction sector, on exterior cladding and aluminum j
Slide 31: Research & Development
RESEARCH & DEVELOPMENT Çuhadaroğlu new branch families designs and productions continue. Istanbul arm family promotions were launched. S38EF Minimal system designs, specimen production and testings have been completed. Unique accessory design stages are ongoing. MN 60 Performance Tests MN 50 ICV Per
Slide 32: Sales
SALES Çuhadaroğlu Metal, sells the architectural profile, building complementary products, industrial profiles and miscellaneous accessories related them, is trustworthy solving center with sales but also with engineering services presented to the customers. Distribution of sales income: Net Sales (
Slide 33: Sales
SALES Group’s export volume accrued amounting 47,0 Million TL as of 31.03.2020. Group, exports to approximately 30 countries, succeeded to increase it’s export 139% compared to the prior year’s same period. Net Sales 2019/03 Distribution (%) Net Sales 2020/03 Distribution (%) Export; 28,1% Domestic;
Slide 34: Profitability
PROFITABILITY Group aims at icreasing the profitability parallel to the sales which have been icreasing by years and make it sustainable. EBITDA Margin Net Profit Margin 11,1% 5,4% 1,3% 4,6% 0,8% 2018/03 2019/03 2020/03 2018/03 2019/03 2020/03 -0,6% In the three-month period of 2020, the Group's con
Slide 35: Financials
FINANCIALS 34
Slide 36: Financials (B/S – P&L)
FINANCIALS (B/S – P&L) Çuhadaroğlu Group getting ahead with sustainable growth objective, continues carrying it’s recent financial success to the future with corporate, transparent, accountable manner of rule. CONDENSED BALANCE SHEET (TL) 31.03.2020 31.12.2019 % Change Current Assets 213.114.436 212
Slide 37: Financials (Ratios)
FINANCIALS (RATIOS) PRODUCTIVITY 31.03.2020 31.03.2019 Asset Turnover = Revenue/Total Assets 0,29 0,21 PROFITABILITY 31.03.2020 31.03.2019 Gross Profit Margin = Gross Profit (Loss) / Revenue 0,20 0,17 EBITDA Margin = EBITDA / Revenue 0,11 0,05 Net Profit Margin = Profit For The Period / Revenue 0,01
Slide 38: Financials (Explanation)
FINANCIALS (EXPLANATION) The amount of Industrial Aluminum Profile sales targeted both domestically and domestically has increased in the first quarter of 2020 in order to overcome the problems in the construction industry. Despite all the negative developments in Turkey, the Group's export ratio in
Slide 39: Mission & Vision & Values
MISSION & VISION & VALUES 38
Slide 40: Mission & Vision & Values
MISSION & VISION & VALUES Our Mission Being pioneer of aluminium sector by keeping pace with change and technology Our Vision Making continual investments in R&D by appreciating innovations and creativity Respecting to the moral values by being aware of our responsibility towards society, government
Slide 41: Çuhadaroğlu Investor Relations
ÇUHADAROĞLU INVESTOR RELATIONS Fatma BİLECEN CFO fatma_bilecen@cuhadaroglu.com Burcu Nergiz Corp. Risk Management and IR Executive +90 212 224 2020 burcu_nergiz@cuhadaroglu.com www.cuhadaroglu.com yatirimci@cuhadaroglu.com 40
Çuhadaroğlu Metal Sanayi ve Pazarlama A.Ş. — Q1 2020 Earnings Presentation on 6ix