Haci Omer Sabanci Holding A.s. · BIST:SAHOL
Haci Omer Sabanci Holding A.s — Hacı Ömer Sabancı Holding A.Ş. — Investor Day (November 2020)
29 slides from Haci Omer Sabanci Holding A.s's investor day presentation, Nov 20, 2020
Slide 1: Sabancı Industrials: Solid Positions & Performance for the Future of Mobility
#SabancıofNewGeneratio n SABANCI INDUSTRIALS SOLID POSITIONS & PERFORMANCE FOR THE FUTURE OF MOBILITY 20 Nov 2020 1
Slide 2: Disclaimer
Disclaimer The information and opinions contained in this document have been compiled by Hacı Ömer Sabancı Holding A.Ş. (“Holding”) from sources believed to be reliable and in good faith, but no representation or warranty, expressed or implied, is made as to their accuracy, completeness or correctne
Slide 3: Industrials Day: Barış Oran, CFO
INDUSTRIALS DAY BARIŞ ORAN, CFO SABANCI HOLDİNG
Slide 4: Creating market leaders in large and growing business areas
Industrials / Creating market leaders in large and growing business areas Diversified portfolio (Dec-2019) Our companies are market Other Financial leaders in critical areas within Services 7% 5% B2C their respective sectors 31% Energy 18% NAV Banking Banking & Financial Services 47% TL The best ban
Slide 5: One of the major contributors of Group's profitability
Industrials / One of the major contributors of Group‟s profitability Combined EBITDA* Breakdown (9M Combined EBITDA* (TL mn) 2020) Limited impact of collapse in mobility Third largest contributor ENERGY; 36% INDUST.**; 7% RETAIL**; 2% FIN. SERV.; 5% 1.194 1.107 1.025 BUILD. MAT.; 4% OTHER; 1% BANK;
Slide 6: Solid EBITDA growth performance
Industrials / Solid EBITDA growth performance Industrials SBU Combined EBITDA* (TL mn) Industrials SBU Dividend Share in Group‟s Dividend Income** Double digit growth in the past five years Double digit share in dividend stream 17% CAGR Kordsa Reinf. 45% 1.539 Brisa 40% 38% 37% 712 Kordsa Comp. 2014
Slide 7: Generating sustainable cash despite challenging environment
Industrials / Generating sustainable cash despite challenging environment Industrials SBU Operational Cash Flow* (TL mn) Sustainable cash generator 41% CAGR +22% Brisa 1.600 56% Kordsa 44% 1.244 1.023 284 2014 2019 9M 2019 9M 2020 *Excludes divested businesses 7
Slide 8: An important pillar in building New Generation Sabancı
Industrials / An important pillar in building “New Generation‟s” Sabancı Energy and Utilities Industrials Financial Services Digital Businesses Growth in Composites Global white cement Growing leadership the Core Opportunistic brownfield investments Flexible electronics Adjacencies Industrial resins
Slide 9: Industrials Day: Cevdet Alemdar, Industry SBU President
INDUSTRIALS DAY CEVDET ALEMDAR, INDUSTRY SBU PRESIDENT SABANCI HOLDİNG
Slide 10: Solid Positions
Industrials / Solid Positions SOLID POSITIONS 10
Slide 11: Companies
Industrials / Companies MOBILITY ADVANCED MATERIALS TIRE SERVICES YARNS & FABRICS FOR TIRE, COMPOSITES, CONSTRUCTION COMPOSITE INTERMEDIATES Listed Companies Non-Listed Companies 11
Slide 12: The Core and the Growth Fields
Industrials / The Core and the Growth Fields Mobility Life Sciences Automotive Aerospace Mining Materials Kordsa Productio n Integration Brisa Temsa Listed and Non-Listed Companies Retai l Consume r 12
Slide 13: Brisa: Turkey's Leading Tire Manufacturer
Brisa / Turkey‟s Leading Tire Manufacturer 2 İzmit Aksaray Plants Covered Area 362.000 m² Covered Area 146.000 m² 2.869 Total Area 864. 000 m² Total Area 952. 000 m² Employees Production Capacity 11 M Units Production 2,5 M Units Capacity 01 Market Leadership 02 Operations 03 Exports & OE Sales in 8
Slide 14: Kordsa: World's Leading Tire Reinforcement Manufacturer
Kordsa / World‟s Leading Tire Reinforcement Manufacturer 12 Plants 4500+ Employees 01 Market Leadership 02 Operations 03 Exports & OE World Leader in Ceramic Matrix Composite Reinforcing 1 out of every 3 automobile Global #1 in Nylon 6.6 Tire Cord Fabric intermediates (Axiom) tire Strategic supplier
Slide 15: Sales Distribution (Revenue) 2020 Q3
Industrials / Sales Distribution (Revenue) 2020 Q3 North Others Turkey EMEA America 14% 65% 31% 35% By By REGION REGION South Asia Europe America 23% 21% %11 Tire Cord Fabric & Yarns 82% Passenger Truck & Bus,LSR 42% 25% By By PRODUCT PRODUCT Others 9% Others Composite Light Truck 1% 17% 24% 15
Slide 16: and Performance
Industrials / and Performance AND PERFORMANCE 16
Slide 17: Market Demand / Kordsa & Brisa
Market Demand / Kordsa & Brisa Global Nylon 6.6 Tire Cord („000 tons) Global Polyester Tire Cord („000 tons) Europe Consumer Tires (M tires) 668 673 -16% -17% -17% 357 205 215 208 336 336 621 175 281 562 2017 2018 2019 2020f* 2017 2018 2019 2020f* 2017 2018 2019 2020f* Composites for Aerospace (M $)
Slide 18: Key Financials / 2020 Q3 Brisa
Key Financials / 2020 Q3 Brisa Sep YTD MTL MILLION TL 2020 2019 % (as Operational Indicator) In MUSD terms: EBITDA 641 463 +38% From 2019Q3 to 2020Q3 From 82 MUSD to 95 MUSD EBITDA* Margin (%) 22.7% 17.4% Operating Profit¹ 472 317 +49% 8 Players Benchmark Margin Range Oper. Profit Margin (%) 16.7% 1
Slide 19: Key Financials / 2020 Q3 – 2019 Q3 Brisa Benchmarks in USD
Key Financials / 2020 Q3 – 2019 Q3 Brisa Benchmarks in USD EBIT 2020Q3-2019Q3 Net Income 2020Q3-2019Q3 251% 17% 55% 125% 24% 3% -3% 5% 1% -1% 4% 2% 10% Competitors Competitors Average -80% -92% -63% -70% -85% Average -66% -119% -73% -71% -74% -74% -80% EBIT Margins Q3 2020 -186% -134% -205% -501% Be
Slide 20: Key Financials / 2020 Q3 Kordsa
Key Financials / 2020 Q3 Kordsa Sep YTD MTL MILLION TL 2020 2019 % (as Operational Indicator) In MUSD terms: From 2019Q3 to 2020Q3 EBITDA 364 583 -38% From 103 MUSD to 54 MUSD EBITDA* Margin (%) 11.8% 15.0% Operating Profit¹ 264 473 -44% 5 Players Benchmark Margin Range Oper. Profit Margin (%) 8.5%
Slide 21: Key Financials / 2020 Q3 – 2019 Q3 Kordsa Benchmarks in USD
Key Financials / 2020 Q3 – 2019 Q3 Kordsa Benchmarks in USD EBIT 2020Q3-2019Q3 Net Income 2020Q3-2019Q3 119% 9% 4% 6% 2% 3% 2% Competitors Competitors Average Average EBIT Margins Q3 2020 -17% -44% -45% -53% -51% -53% -58% -74% -80% -82% -71% -74% -64% Benchmark Analysis (Indexed), Sep 2020 Bist 100
Slide 22: Performance will sustain… because
Performance will sustain… because; Market Leadership 27% Global market share in Nylon 6.6 and 9% global market share in Polyester tire cord. This is based on longstanding strategic partner status with all global tire players (65% of sales) who are market and technology leaders Capitalization on glob
Slide 23: Environmental Sustainability / Carbon Disclosure Project Scores
Environmental Sustainability / Carbon Disclosure Project Scores 2019 Climate Change 2019 Submitted B 2019 Climate Change 2019 Submitted A- 2019 Water Security 2019 Submitted B 2019 Water Security 2019 Submitted B 2018 Climate Change 2018 Submitted C 2018 Climate Change 2018 Submitted B 2018 Water 20
Slide 24: For the Future of Mobility
Industrials / for the Future of Mobility FOR THE FUTURE OF MOBILITY 24
Slide 25: Kordsa / for the Future of Mobility: Strategic Competencies
Kordsa / for the Future of Mobility Strategic Competencies Next Generation Tire Dry reinforcement materials 01 Lightweighting and Durability UD and Woven fabrics (Carbon, Sp.Glass, Hybrid) Polymer matrix composites (Prepregs: Carbon, (fibers, weaving, processing) Glass, Aramid) Resin formulation Cer
Slide 26: Kordsa / Road to an Advanced Materials Company
Kordsa / Road to an Advanced Materials Company Mobility Life Sciences Automotive Aerospace Mining Materials Kordsa Productio n New Geographies Integration Organic and Inorganic Growth in Advanced Materials, Composites, in Providing Solutions to Mobility and Life Sciences, by Leveraging on St
Slide 27: Brisa / for the Future of Mobility
Brisa / for the Future of Mobility B2C E-CHARGE for ELECTRICAL B2B PASSENGEER CAR FLEET SERVICE MODULE BRISA- Solution Business Leader in the Industry Digital Fleet Measured Payment 3.7 Million Products tires until today Solutions Service 15.812 Fleet Customer tires until today 97 Profleet Consultan
Slide 28: Brisa / Road to a Mobility Solutions Provider
Brisa / Road to a Mobility Solutions Provider Mobility Automotive Productio n Brisa Integration Retai l Consume Extending Playing Field to Mobility Solutions r through Otopratik and Propratik Chains, by Offering Fast-fit Services to Consumers by Offering Total Fleet Solutions to Businesses 28
Slide 29: Solid Position and Performance for the Future of Mobility
Industrials SOLID AND FOR THE FUTURE POSITION PERFORMANCE OF MOBILITY 29
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