Aksa Akrilik Kimya Sanayii A.s. · BIST:AKSA
Aksa Akrilik Kimya Sanayii A.s — Q1 2025 Earnings Presentation
13 slides from Aksa Akrilik Kimya Sanayii A.s's earnings presentation, March 2025
Slide 1: Q1 2025 Financial Results
Q1 2025 Financial Results Financial Results Presentation
Slide 2: Q1 2025 Key Points
Q1 2025 Key Points Capacity Utilization Rate: 78% Export Revenue: 47% of total revenue Net Sales Working Capital EBITDA Shipment Volume: Approximately 67,000 tons (Revenue) Value-Added Products: Made a positive 190,3 26,3 118,7 contribution to profitability (Mn $) (Mn $) (Mn $) Domestic Market Slowd
Slide 3: Financial Performances (Mn USD)
With rising capital costs and the appreciation of the Turkish lira, profit margins in the textile sector have narrowed and demand has weakened. While price pressure from Far Eastern producers in Asia posed challenges, market share was maintained in Europe, Africa, the Americas, and the Middle East (
Slide 4: Aksa Total Segment Revenues
Aksa Total Segment Revenues Q1 2025 Segment Reporting Results Q1 2024 Segment Reporting Results Other Energy Other Energy 5.6% 6.4% 1.5% 8.1% Fibers Fibers 86.3% 92.1% Demand contraction, historically low price levels of substitute products, and aggressive pricing strategies by Chinese producers are
Slide 5: Aksa Sales Volumes Fiber Segment Breakdown
Aksa Sales Volumes Fiber Segment Breakdown High Value Added Fibers High Value Added Fibers High Value Added Fibers 9.3% 17.9% 26.1% Domestic Export Total Standard Fibers Standard Fibers 73.9% Standard Fibers 90.7% 82.1% We aim to raise operational excellence to the highest level, build an efficient
Slide 6: ACN (Acrylonitrile) / Fiber Prices
ACN (ACRYLONITRILE) / Fiber Prices A.C.N (USD Dollar / ton) Ecru Tow List Price (USD Dollar / ton) 2,500 2,300 2,300 2,450 2,225 2,180 2,350 2,100 2,100 2,000 2,000 1,500 1,230 1,230 1,400 1,350 1,100 1,350 1,360 1,050 1,300 1,000 500 0 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Slide 7: Sales Volumes (k ton)
Sales Volumes (k ton) Domestic Sales Export 100 -21% Domestic: -33% Export: -5% 80 36 60 35 33 29 34 40 49 20 38 38 34 32 0 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 7 In Q1 2025, Aksa Akrilik's total fiber sales volume declined by 21%, reaching approximately 67,000 tons. Domestic sales volume dropped
Slide 8: Aksa Balance Sheet - Assets and Liabilities (Thousand TL)
Aksa Balance Sheet - Assets and Liabilities (Thousand TL) Consolidated Summary Balance Sheet 31 March 2025 31 December 2024 Assets 40.630.778 39.218.499 Variances Current assets 13.016.895 13.873.003 -6% Cash and cash equivalents 3.298.112 3.480.621 -5% Trade receivables 3.837.963 4.260.658 -10% Inv
Slide 9: Aksa Ratio Analysis Table
Aksa Ratio Analysis Table Liquidity Ratios 31 March 2025 31 December 2024 Current Ratio 1,21 1,27 Liquidity Ratio 0,79 0,82 Net Financial Debt / Equity 0,14 0,14 Net Financial Debt / EBITDA 1,00 0,70 Profitability Ratios 31 March 2025 31 March 2024 EBITDA Margin 13,80% 19,00% Net Profit Margin 3,80%
Slide 10: Net Financial Debt and Net Financial Debt / EBITDA
Net Financial Debt (USD) Net Financial Debt / EBITDA (USD) 140 1,2% 120 1,0% 100 0,8% 80 0,6% 130 60 105 95 0,4% 40 0,2% 20 39 6 10 0 0,0% 2020 2021 2022 2023 2024 2025 2020 2021 2022 2023 2024 2025 Our net financial debt level is approximately 100% of our annual EBITDA. Our financial debt level has
Slide 11: Highlights
HIGHLIGHTS Capital Increase of Subsidiary The current capital of Epsilon Kompozit Teknoloji ve Savunma Sanayi A.Ş. (“Epsilon”), a subsidiary of our Company, has been increased from TL 26,500,000 to TL 326,500,000 within the scope of the foreseen investments and needs, and our Company has participate
Slide 12: Expectations for 2025
Expectations for 2025 (*) Previous Current Capacity utilization rate %82 %80 (+/- 5 bps) 75 mn USD Dollar Investment 90 mn USD Dollar (+/- 10 mn $) Net sales (**) 850 mn USD Dollar 850 mn USD Dollar EBITDA %15 - 17 %12 - 16 (*) Reflects management’s expectations based on currently available data. Ac
Slide 13: Disclaimer
Disclaimer This presentation reflects the opinions of the Company Management, including future expectations, in line with the events foreseen in the future, as well as the analysis of the information and financial statements about the Company. Although it is believed that the information and analyze
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