Klimasan Klima Sanayi Ve Ticaret A.s. · BIST:KLMSN
Klimasan Klima Sanayi Ve Ticaret A.s — Q1 2021 Earnings Presentation
16 slides from Klimasan Klima Sanayi Ve Ticaret A.s's earnings presentation, May 10, 2021
Slide 1: First Quarter 2021 Results
First Quarter 2021 Results May 10th, 2021
Slide 2: Legal Notice
In this presentation we make statements about future events (forward-looking statements) that are subject to risks and uncertainties. These statements are based on beliefs and suppositions of our Management and information to which the company currently has access. Statements about future events inc
Slide 3: Q1 2021 Highlights
HIGHLIGHTS COVID-19 NET REVENUE INNOVATION P&L CASH FLOW BALANCE SHEET DEBT LIQUIDITY STRATEGIC PRIORITIES OUTLOOK Q1 2021 Highlights (TL million) 1Q21 1Q20 % Var Net Revenues 344.0 157.8 117.9 ▪ Net Revenues increased by 118% at historical highs Gross Profit 60.6 50.1 20.8 ▪ Gross Margin impacted b
Slide 4: Klimasan delivered an all-time high Q1 in sales and EBITDA
HIGHLIGHTS COVID-19 NET REVENUE INNOVATION P&L CASH FLOW BALANCE SHEET DEBT LIQUIDITY STRATEGIC PRIORITIES OUTLOOK Klimasan delivered Surge in raw material costs has an all-time high Q1 adversely impacted gross 1Q21 net revenues margins. However due to in sales and EBITDA, Gross profit reached rigor
Slide 5: COVID-19 Impact
HIGHLIGHTS COVID-19 NET REVENUE INNOVATION P&L CASH FLOW BALANCE SHEET DEBT LIQUIDITY STRATEGIC PRIORITIES OUTLOOK ▪ Our business model – working across many channels and a diverse geographies – has minimized the impact of localized or sector specific disruptions caused by the ongoing pandemic and p
Slide 6: Sustainability Agenda
HIGHLIGHTS COVID-19 NET REVENUE INNOVATION P&L CASH FLOW BALANCE SHEET DEBT LIQUIDITY STRATEGIC PRIORITIES OUTLOOK ▪ FF GEN Coolers – Energy consumption reduction of 50% by 2030 (vs 2020) ▪ Life extend program – Refurbishing products to extend the usage life Sustainability Agenda ▪ Recyclabe and Gre
Slide 7: Growth Opportunities
HIGHLIGHTS COVID-19 NET REVENUE INNOVATION P&L CASH FLOW BALANCE SHEET DEBT LIQUIDITY STRATEGIC PRIORITIES OUTLOOK ▪ IoT Technology ▪ New channels: ▪ Supermarkets ▪ Vaccine Coolers ▪ Condominiums Growth ▪ Gyms Opportunities ▪ New Regions F I R S T Q U A R T E R 2 0 2 1 • R E S U L T S
Slide 8: Net Revenues
HIGHLIGHTS COVID-19 NET REVENUE INNOVATION P&L CASH FLOW BALANCE SHEET DEBT LIQUIDITY STRATEGIC PRIORITIES OUTLOOK Net Revenues ▪ Net Revenue increased 117.9% on last year, delivering a record first quarter of TL344 million. ▪ Revenue from Services & Parts increased by 65.4% to TL20.4mn ▪ Revenue in
Slide 9: Product Innovation
HIGHLIGHTS COVID-19 NET REVENUE INNOVATION P&L CASH FLOW BALANCE SHEET DEBT LIQUIDITY STRATEGIC PRIORITIES OUTLOOK Innovation & Customization Product Innovation a key business driver Customer Diversification & New Channels F I R S T Q U A R T E R 2 0 2 1 • R E S U L T S
Slide 10: Profit and Loss Statement
HIGHLIGHTS COVID-19 NET REVENUE INNOVATION P&L CASH FLOW BALANCE SHEET DEBT LIQUIDITY STRATEGIC PRIORITIES OUTLOOK Profit and Loss Statement (T L Millio n ) 1Q 21 1Q 20 % ch an ge Revenues 344,0 157,8 117,9% Cost of Sales (283,4) (107,7) G ro ss Pro fit 60 , 6 50,1 20 , 8 % Operating Expenses (10,4)
Slide 11: Balance Sheet
HIGHLIGHTS COVID-19 NET REVENUE INNOVATION P&L CASH FLOW BALANCE SHEET DEBT LIQUIDITY STRATEGIC PRIORITIES OUTLOOK Mar 31st Dec 31st Balance Sheet (TL Million) 2021 2020 Cash & Cash Equivalents 449,3 467,3 Trade Receivables 514,5 232,7 Inventory 306,6 187,4 Fixed Assets 194,7 191,1 ▪ Increase in Tra
Slide 12: Cash Flow
HIGHLIGHTS COVID-19 NET REVENUE INNOVATION P&L CASH FLOW BALANCE SHEET DEBT LIQUIDITY STRATEGIC PRIORITIES OUTLOOK (TL Millio n ) 1Q 21 1Q 20 A. Cash F lo ws F ro m O p eratin g Activities (278 , 3) (124, 3) Profit for the Period 19, 6 (16, 1) Non-cash Adjustments (12,0) 57,2 Ch an ges in Wo rkin g
Slide 13: Other Receivables & Payables
HIGHLIGHTS COVID-19 NET REVENUE INNOVATION P&L CASH FLOW BALANCE SHEET DEBT LIQUIDITY STRATEGIC PRIORITIES OUTLOOK Net Debt 1.2 6.4 31.5 59.5 70.1 34.9 630.3 Debt - UPDATE 246.5 371.4 EBITDA Working Capital* Investing Activities Financial Result Capex** 4Q,20 1Q,21 Other Receivables & Payables Other
Slide 14: Liquidity / Net Debt
HIGHLIGHTS COVID-19 NET REVENUE INNOVATION P&L CASH FLOW BALANCE SHEET DEBT LIQUIDITY STRATEGIC PRIORITIES OUTLOOK Liquidity / Net Debt F I R S T Q U A R T E R 2 0 2 1 • R E S U L T S
Slide 15: Outlook
HIGHLIGHTS COVID-19 NET REVENUE INNOVATION P&L CASH FLOW BALANCE SHEET DEBT LIQUIDITY STRATEGIC PRIORITIES OUTLOOK ▪ We expect continuing challenges from the current pandemic impacting food service and immediate consumption channels whilst countries gradually open up trade following vaccination prog
Slide 16: Thank you!
Thank you! For more information contact: investor@klimasan.com.tr
Klimasan Klima Sanayi ve Ticaret A.S. — Q1 2021 Earnings Presentation on 6ix