Celik Halat Ve Tel Sanayii A.s. · BIST:CELHA
Celik Halat Ve Tel Sanayii A.s — Investor Presentation (September 2018)
25 slides from Celik Halat Ve Tel Sanayii A.s's investor presentation, September 2018
Slide 1: Everywhere you live in…
Everywhere you live in… Investor Presentation, September 2018
Slide 2: Leading steel rope & wire producer in Turkey
Leading steel rope & wire producer in Turkey Founded in : 1962 Location : Kartepe,Kocaeli / Turkey Open Area : 57.000 m² Covered Area : 50.000 m² Total Area : 107.315 m² Company Profile Production Capacity : 82.623 Tons / Year Products : Steel wire ropes, prestressed : concrete strand, spring wire L
Slide 3: Çelik Halat in Brief
Çelik Halat in Brief • Domestic market leader & strong customer loyalty. • Experience and know-how as being the first company in the sector with more than 55 years of commitment, since establishment. • Well known brand worldwide; exports to 42+ countries. • Specialized in mining, petroleum explorati
Slide 4: Doğan Group at a glance
Doğan Group at a glance Doğan Holding is the major shareholder of Çelik Halat Doğan Holding’s Consolidated Revenues & EBITDA (TL mn) since 1997 Doğan Group, founded by Aydın Doğan in 1959, is one of the leading groups in Turkey with almost 60 years of experience. Doğan Şirketler Grubu Holding A.Ş. (
Slide 5: The first company in the sector with more than 55 years of experience
The first company in the sector with Establishment more than 55 years of experience 1962 Public Listing in Borsa İstanbul 1986 Start of Manufacturing PC Strand 1986 Owned By Doğan Group 1997 Prestressed Footsteps Of Reliability Concrete Strands Investment 2009 PGH Oven Investment 2010 Wire Rope Inve
Slide 6: Product Showcase
Product Showcase Market leading position & well-known brand Patented Galvanized Wire Spring Wire Steel Wire Rope Mechanical Prestressed Spring Wire Concrete Strand 6
Slide 7: Steel Wire Rope
Steel Wire Rope Wide range of products to Product Diameter Range: Production according to any suit requirements 6 - 83 mm international standards such as of mining, petroleum API (9A License No: 9A-0056) , exploration, fishing, marine, Surface: EN, Fed. Spec., BS, JIS. lifting, elevator industries a
Slide 8: Steel Wire
Steel Wire MECHANICAL SPRING WIRE GALVANIZED SPRING WIRE PATENTED WIRE Widely used in various Widely used in white goods Medium and high tensile grades industries including automotive and in automotive sectors Patented bright & galvanized and agriculture Dia. range: 0,35 – 3,80 mm wires to be furthe
Slide 9: Prestressed Concrete Strand
Prestressed Concrete Strand • Production according to • Prestressed Concrete Strands international standards are mainly used in bridge girders, constructions, anchorages and Packing: In coils around 3300 kg prefabricated structures. 9
Slide 10: Investing in Innovation & Efficiency
Investing in Innovation & Efficiency • R&D center*, established in 2017, will improve efficiency and new product development. R&D projects will include: • Developing a new product class of galvanized wire rope Sustainable growth • Developing wire rope with plastic coated core • Die design and die en
Slide 11: New Investment in Wire Rope
New Investment in Wire Rope Investment in wire rope production, expected to be operational in 4Q18, consists of purchasing of 11 wire rope machines from Romania. This will lead to: Diversification in wire rope production and increasing the share of technological wire: Investments • Max.18 tons range
Slide 12: Environmental Responsibilities
Environmental Responsibilities • Obtained ISO 14001 Environmental Management System Certification • Weather emission permit was renewed on December 18, 2014, and valid for five years. • TSE 18001-2014 & TSE 14001-2004 Audits are completed successfully without any inconvenient matter. • Scrubber of S
Slide 13: Certificates and Memberships
Certificates • API ( API 9A License No: 9A-0056- American Petroleum Institute) • Lloyd’s Register • ISO 9001 / 2015 • ISO 14001 / 2004 • ISO 18001 / 2008 Memberships • EWRIS (European Federation of Steel Wire Rope Industries) Certificates and • CET (European Wire Manufacturers Committee) Memberships
Slide 14: Financials & Outlook
GB ceux natar elk halat ve tel sanayi as, Financials & Outlook
Slide 15: Financial Highlights
Financial Highlights Revenues (TL mn) EBITDA (TL mn) § EBITDA Margin (%) 243 12,1% 225 29 161 10.2% 10,1% 153 7.4% 8.7% 14.1% 23 79 16 57 11 5 6 2016 2017 3Q17 3Q18 9M17 9M18 2016 2017 3Q17 3Q18 9M17 9M18 Net Income/(Loss) (TL mn) Net Debt (TL mn) 11 34 9 29 7 13 2 2 10 2016 2017 3Q17 3Q18 9M17 9M18
Slide 16: Exports constitute one-third of revenues
Exports constitute one-third of revenues Sales Volume (000 TONS) REVENUES BY PRODUCT REVENUE BREAKDOWN (9M18) 60 1% 57 27% 33% 34% 45 45 8% 36% 14% 44% 73% 67% 66% 64% 33% 2016 2017 9M17 9M18 2016 2017 9M17 9M18 Prestressed Concrete Strand * Breakdown of gross revenues Steel Wire Rope Local Exports
Slide 17: CELHA Stock Info & Dividend History
CELHA Stock Info & Dividend History Market Data as of Nov 13, 2018 Net Income (TL mn) & Dividend Pay-out Ratio Share price 5.34 TL (0.97 US$) 56% 49% 42% MCap 88 mn TL (16 mn US$) 3.56 TL/ 9.32 TL 7,8 10,8 52 week low/high share price 0% Share price perf. (year-to-date in TL) +43% 0,6 2,1 BIST100 pe
Slide 18: Why Çelik Halat?
Why Çelik Halat? Market-Leading Position; and well-known brand • Domestic leader with more than 55 years of experience & strong customer profile • Globally well-known brand with exports to more than 42 countries • Powerful brand that is also used as the generic name. • Establishment of Celik Halat N
Slide 19: Outlook
Outlook • Focus on maintaining sales volumes in main business lines Commitment • Growth in revenues owing to high value added sales mix, price improvement and currency impact for growth • Better operational performance expected with the and contribution of new investment sustainable • R&D division*,
Slide 20: 9M18 Financial Review
GB ceux natar elk halat ve tel sanayi as, 9M48 FinanciabReview
Slide 21: 9M18 Results in Brief
9M18 Results in Brief REVENUES (TL MN) EBITDA (TL MN) +45% +47% +52% +99% +81% +102% 243 29 225 23 • Revenues increased by 52% in 9M18, yoy. 153 161 16 • EBITDA increased by 81% yoy in 9M18 to TL 29 11 mn; following a strong performance in FY17. • Net income increased to TL 9.1 mn, vs. 7.3 mn in 201
Slide 22: Solid financial structure
Solid financial structure Summary Balance Sheet (TL) Dec 31, 2017 Sep 30, 2018 Current Assets 110.214.023 180.751.236 Non-Current Assets 40.144.194 55.182.055 Total Assets 150.358.217 235.933.291 Current Liabilities 100.942.488 182.479.518 Non-Current Liabilities 6.799.059 6.983.216 Equity 42.616.67
Slide 23: Income Statement
Income Statement Summary Income Statement (TL) FY16 FY17 Chg YoY 9M17 9M18 Chg YoY Revenues 152.904.029 225.121.382 47% 160.509.947 243.330.844 52% Cost of Sales (-) -131.329.542 -187.106.280 42% -134.221.701 -187.254.030 40% Gross Profit 21.574.487 38.015.102 76% 26.288.246 56.076.814 113% General
Slide 24: Disclaimer
gS CELIK HALAT | Disclaimer CELIK HALAT ve TEL SANAYII AS Celik Halat”) has prepared this book (the “Book”) for the sole purpose of providing information relating to Celik Halat (the “Information”) The contents of this Book is based on public information and on data provided by Celik Halat managemen
Slide 25: Thank You
Thank You For Further Information E-mail: info@celikhalat.com.tr ÇELİK HALAT ve TEL SANAYİİ A.Ş. Ertuğrul Gazi Mahallesi Şehitler Cad. No:2 Kartepe, 41180 İZMİT / TÜRKİYE T: +90 262 371 12 80 www.celikhalat.com.tr 25
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