Atakey Patates Gida Sanayi Ve Ticaret As · BIST:ATAKP
Atakey Patates Gida Sanayi Ve Ticaret As — Atakey Patates — Q2 2025 Earnings Presentation
18 slides from Atakey Patates Gida Sanayi Ve Ticaret As's earnings presentation, Aug 12, 2025
Slide 1: Atakey Patates Q2 2025 Results Presentation
ATAKEY PATATES Q2 2025 Results Presentation 12 August, 2025
Slide 2: Disclaimer
Disclaimer This presentation includes forward-looking statements, including, but not limited to, statements regarding Atakey Patates's plans, objectives, expectations, and intentions, and other statements that are not historical facts. Forward-looking statements can generally be identified by the us
Slide 3: Key Performance Indicators for H1 2025
Key Performance Indicators for H1 2025 Revenue Gross Profit EBITDA Net Profit After IAS-29 ₺ 1,868 M ₺ 188 M ₺ 171 M ₺ 13 M Revenue Gross Profit EBITDA Net Profit Before IAS-29 ₺ 1,760 M ₺ 403 M ₺ 358 M ₺ 506 M 3
Slide 4: Efficient Harvest and Production Planning in H1 2025
Efficient Harvest and Production Planning in H1 2025 K Tonnes Strong Harvesting and Production Optimizing Production 28.3 24.2 Harvest of potatoes and onions began in June and July, on schedule 9.6 4.8 H1 2025 frozen product production 24.2 K tonnes in line with planned stock optimization 2Q24 2Q25
Slide 5: Strong Sales and Product Contribution Drive H1 Growth
Strong Sales and Product Contribution Drive H1 Growth Market Leadership and Sales Growth 8% Serving over QSR Locations 2024 2025 32.5 35.2 in Türkiye and Globally 1% 15% 16.4 16.6 16.0 18.5 ✓ H1 frozen products sales volume: 35.2 K tonnes (up 8% YoY) ✓ Q2 alone: 1Q 2Q 1H 18.5 K tonnes (up15% YoY, up
Slide 6: Momentum from Group Sales and Channel Focus
Momentum from Group Sales and Channel Focus Leveraging market leader By 1H25 Exports to TAB Gıda which accounts for Domestic demand prioritized over export China and Iraq 77% of total sales TAB Gıda Sales recorded Export volume adjusted in line with Ongoing Trial Shipments 40% yoy increase in 1H 202
Slide 7: Fully Equipped to Deliver Next Phase of Growth
Fully Equipped to Deliver Next Phase of Growth Integrated Farming and Tech Driven Production Evolving Innovative Product Portfolio Leading Producer of Frozen Potatoes Supply Management and Reliable, Strong Ecosystem in Türkiye Channel Flexibility with Expansion Capability Across Domestic Retail and
Slide 8: 1H 2025 Financial Results Overview
1H 2025 Financial Results Overview 8
Slide 9: Financial Performance Summary in 2Q25 and 1H25 After IAS 29
Financial Performance Summary in 2Q25 and 1H25 After IAS 29-Inflation Accounting 2Q25 2Q24 YoY% 1H25 1H24 YoY% YoY % Million ₺ Revenues 962 1,003 -4% 1,868 2,166 -14% Operational Profit 47 164 -72% 145 418 -65% Operational Profit margin % 5% 16% -11.5pp 8% 19% -11.6pp EBITDA 62 163 -62% 171 360 -53%
Slide 10: Performance in 1H25 and 1H24 Before IAS 29
Performance in 1H25 and 1H24 Before IAS 29-Inflation Accounting Million ₺ 1H25 1H24 YoY% YoY % Revenues 1,760 1,465 20% Operational Profit 395 582 -32% Operational Profit margin % 22% 40% -17pp EBITDA 358 487 -26% EBITDA margin % 20% 33% -13pp Net Profit 506 562 -10% Net Profit margin % 29% 38% -9.6
Slide 11: Impact of IAS 29 Inflation Accounting on 1H25 Net Profit
Impact of IAS 29 Inflation Accounting on 1H25 Net Profit Million ₺ Inflation Accounting Effects on Net Profit 45% 22% 8% 26% 506 (215) (110) (40) (127) 13 1H25 Net Profit Inventory effect Monetary Gain / (Loss) Indexing and Deferred Tax Changes 1H25 Net Profit w/o IAS 29 on COGS Other Changes w IAS
Slide 12: Cash Generation Capability – After IAS29
Cash Generation Capabiliy – After IAS29 Million ₺ Generated Cash From Operations Artış Cash Düşüş Cash Toplam Total In Out 1868.240 Summary of Cash Flow (Million ₺) cash expense 2024 End Cash 672 Generated Cash from COGS + G&A 1057.090 421 Increase Operations in 1H25 in Receivables Financial Net Inc
Slide 13: CAPEX, Debt and NWC Financial Metrics – After IAS29
CAPEX, Debt and NWC Financial Metrics – After IAS29 CAPEX Million ₺ Net Working Capital CAPEX / LTM Revenues % Million ₺ 700 19% 20% 18% 600 16% 500 14% 12% 400 3% 10% 1% 300 618 8% 60 110 6% 200 4% 100 2% - 0% 1H24 2024 1H25 Net Debt (excl. IPO Fund) Million ₺ Net Debt / LTM EBITDA 2,024 1,863 1,74
Slide 14: Appendix
Atak Appendix
Slide 15: Income Statement for Jan – June 2025
Income Statement for 1 Jan – 30 June 2025 After IAS29 Before IAS29 Million ₺ 1H25 1H24 YoY % 1H25 1H24 YoY % Revenue 1,868 2,166 -14% 1,760 1,465 20% Cost of sales (-) (1,681) (1,810) -7% (1,357) (947) 43% Gross Profit 188 356 -47% 403 518 -22% General and administrative expenses (-) (94) (81) 16% (
Slide 16: Balance Sheet as of June 2025 (Assets)
Balance Sheet as of 30 June 2025 After IAS29 Before IAS29 Million ₺ Million TL 1H25 2024 YoD % 1H25 2024 YoD % ASSETS Current Assets Cash and cash equivalents 231 261 -12% 231 224 3% Financial Investments 297 366 -19% 297 314 -5% Trade receivables 830 309 169% 830 265 213% Other receivables 0.4 0.5
Slide 17: Balance Sheet as of June 2025 (Liabilities)
Balance Sheet as of 30 June 2025 After IAS29 Before IAS29 Million TLMillion ₺ 1H25 2024 YoD % 1H25 2024 YoD % LIABILITIES Short-Term Liabilities Short-term borrowings 3 27 -88% 3 23 -85% Short-term portion of long-term financial borrowings 99 152 -35% 99 130 -24% Payables from short-term rental tran
Slide 18: yatirimciiliskileri@atakey.com.tr www.atakey.com.tr
yatirimciiliskileri@atakey.com.tr www.atakey.com.tr