Teknosa Ic Ve Dis Ticaret As · BIST:TKNSA
Teknosa Ic Ve Dis Ticaret As — Teknosa İç ve Dış Ticaret A.Ş. — Q1 2020 Earnings Presentation
16 slides from Teknosa Ic Ve Dis Ticaret As's earnings presentation, April 2020
Slide 1: Teknosa Investor Presentation 1Q20 Results
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Investor Teknosa Presentation 1Q20 Results «Turkey’s Leading Electronics Retailer» April , 2020 Genel
Slide 2: Agenda
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Agenda Results at a Glance Financial Overview Year-end Guidance 2 Genel
Slide 3: Main messages
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION ➢ Teknosa increased its sales to 1.048 M TL through digitalization 25% increase in Main sales, %33 and customer-oriented transformation, basket size growth and increased turnover in teknosa.com and mobile platforms. messages increase in EBITDA ➢ EB
Slide 4: Consumer Confidence Index
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Consumer ➢ Although the consumer confidence index with an average 58.1 in 1Q20 was below the 1Q19 average of 58.6, Teknosa sales increased by 25%. The Covid- Confidence Index 19 pandemic appears to have a limited impact on the consumer confidence i
Slide 5: 1Q20 Results
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION 1Q20 ➢ 2 K sqm change in sales Net Sales Area area, as a result of the Results (‘000 m2) drive for operational 105 103 efficiency (1Q19 107 K m2 ) 4Q19 1Q20 ➢ Net sales increased by 24,7 % QoQ in Net Sales Total 1.048 1Q20.Excluding covid (TL mn) R
Slide 6: Electronics Retail Market and Teknosa
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION ➢ The electronics retail market(*) grew by 29,3% LfL reaching TL 11,2 bn in 2M20 Electronics ➢ Same period growth in IT by 51%, in Consumers Electronics by 29,7%, in SDA by Retail Market 27,3%, Telecom by 27,2% and MDA by 27,2% ➢ TSS channel accoun
Slide 7: Income Statement Summary
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION (TL mn ) 1Q19 4Q19 1Q20 YoY (%) FY18 FY19 YoY (%) Income Net Sales 841 1.257 1.048 25% 3.477 4.137 19% Statement Gross Profit 142 210 174 23% 646 715 11% Summary Gross Profit Margin 16,9% 16,7% 16,6% -0,3pp 18,6% 17,3% -1,3pp EBITDA 46 110 61 33% 1
Slide 8: Online sales grew 109% to reach 113M TL
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Online sales grew teknosa.com Revenues (TLmn) 109% to reach 113M TL %39 %109 284 204 113 54 1Q19 1Q20 FY18 FY19 ➢ Teknosa.com sales increased by 109% compared to the first quarter of the previous year and reached 113 M TL in 1Q20 ➢ With the contrib
Slide 9: Agenda
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Agenda Results at a Glance Financial Overview Year-end Guidance 9 Genel
Slide 10: OPEX/Sales ratio
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION OPEX/Sales (%) OPEX/Sales ratio 15% 15% 14% 13% FY18 FY19 1Q19 1Q20 ➢ As a result of the ongoing drive for efficiency, 1Q20 operational expenses / sales ratio decreased compared to the same period of the previous year. ➢ Efficiency increase and ope
Slide 11: Working Capital and Cash Position
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Working Capital Requirement (TL mn) Working TL -282 mn TL -306 mn TL -68 mn Purchases of Capital and inventories in 4Q19 Cash Position 594 61 860 66 871 61 were paid for in 1Q20. Therefore, net 938 1233 1000 working capital requirement increased by
Slide 12: Balance Sheet Summary
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Assets (in TL mn) Mar-19 Dec-19 Mar-20 Balance Current Assets Ca s h a nd Ca s h Equi va l ents 723 42 994 37 997 48 Tra de Recei va bl es 61 66 61 Sheet Inventori es Other Current As s ets 594 26 860 31 871 17 Summary Non-current Assets Inves tmen
Slide 13: Agenda
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Agenda Results at a Glance Financial Overview Year-end Guidance 13 Genel
Slide 14: 2020 Full Year Financial Guidance
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION 2020 Full Year ➢ Due to the uncertainty in the global economy and in our sector caused by Covid-19 our expectations for 2020, announced on 20 February 2020, Financial needs to be updated. Guidance ➢ Due to the continuing uncertainty, we are withdra
Slide 15: Thank You
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Thank You Contact Information: H.Şenay Akıncı Özertan– Finance and Investor Relations Manager +90 (216) 468 37 46 sozertan@teknosa.com IR web page: http://yatirimci.teknosa.com/homepage IR e-mail: yatirimciiliskileri@teknosa.com 15 Genel
Slide 16: Disclaimer
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Disclaimer The information and opinions contained in this document have been compiled or arrived at by Teknosa from sources believed to be reliable and in good faith, but no representation or warranty, expressed or implied, is made as to their accu
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