Turk Traktor Ve Ziraat Makineleri A.s. · BIST:TTRAK
Turk Traktor Ve Ziraat Makineleri A.s — FY2012 Earnings Presentation
20 slides from Turk Traktor Ve Ziraat Makineleri A.s's earnings presentation, Feb 15, 2013
Slide 1: Press Meeting 15.02.2013
PRESS MEETING 15.02.2013 TÜRK TRAKTÖR VE ZĐRAAT MAKĐNELERĐ A.Ş.
Slide 2: Company Profile
Company Profile Local Products Import Products •Tractors • Tractors (New Holland – Case IH brand (New Holland – Case IH brand) 56-TT-TD/JX-T480, Utility series) • Combines •Transmission • Cotton Pickers •Engine • Balers • Sprayers 99 NH tractor sales dealers 96 spare part dealers 27 Case IH 3S deale
Slide 3: Company Profile
Company Profile TürkTraktör develops the highest performance and fuel efficient products according to special needs and requirements of the farmers. The mission of TürkTraktör is to supply more efficient and more comfortable products for the Turkish farmers requesting to increase their efficiency an
Slide 4: Company Profile: Strong Shareholder Structure
Company Profile Strong Shareholder Structure Koç Holding CNH 37,50% 37,50% One of the biggest One of the biggest conglomerates in agricultural and Turkey construction equipment manufacturers of the Operating in various world sectors 37 manufacturing facility, The only Turkish 11.300 dealers, 30.000
Slide 5: Company Profile
Company Profile From the beginning, TürkTraktör’s goal has always been to support Turkish agricultural sector and Turkish farmers, contributing Turkey to use its agricultural potential in the best way and improving productivity for everyone. Today it exports the tractors produced in Turkey, to more
Slide 6: TürkTraktör at a Glance
TürkTraktör at a Glance Uninterruptedly The biggest market leader in tractor Strong stock Turkey for 6 manufacturer performance years in Turkey Successful R&D studies to Continuously Attractive and increase the increasing High export sustainable efficiency and product range performance dividend yiel
Slide 7: Quality & Occupational Safety & Environment
Quality & Occupational Safety & Environment Quality at TürkTraktör; TürkTraktör measures, monitors and continuously improves all its processes. ISO 9001 is used as a guide for this purpose. Likewise, having OHSAS 18001:2007 Occupational Safety Management System, ISO 14001:2004 Environmental Manageme
Slide 8: Important Developments in 2012
Important Developments in 2012 Total Tractor Market (2012/11 months)* 45.561 units Local Tractor Sales Units (2012 Year) 25.597 units Export Tractor Sales Units (2012 Year) 14.565 units Manufactured Tractor Units (2012 Year) 39.574 units Total Employment (2012 Year) 2.378 person R&D Employees (2012
Slide 9: World Tractor Market
World Tractor Market The world tractor market increased by 12% in 2011 and it is expected to reach 1.5 million units by increasing 3% in 2012. Turkey is the 5th biggest tractor market in the world (excluding China and India) by considering the fact that the market is expected to reach 49,000 units i
Slide 10: World Tractor Market (Thousand Units)
World Tractor Market (Thousand Units) 49 64 64 52 40 68 14 24 35 68 55 55 524 537 308 361 457 310 178 180 324 64 295 340 56 271 120 61 83 52 63 49 75 69 83 80 186 198 173 164 151 174 242 226 179 188 188 219 2007 2008 2009 2010 2011 2012 Expected America Europe South America Others China India Pakist
Slide 11: Turkish Tractor Market in 2012
Turkish Tractor Market in 2012 The record sales trend of 2011 demand has been supporting the first half performance of 2012. The harvest season for farmers has been in the average, due to some adverse weather conditions in some parts of the country, especially grain growers. The availability of reta
Slide 12: Turkish Tractor Market (Units)
Turkish Tractor Market (Units) 80.000 60,00% 52,73% 51,96% 51,52% 70.000 49,95% 50,51% 50,32% 50,87% 50,00% 44,91% 60.341 60.000 42,39% 42,12% 55.349 37,67% 40,00% 50.000 40,48% 34,49% 34,22% 45.561 42.033 39.571 40.000 36.036 30,00% 33.989 34.525 34.541 30.365 30.000 27.022 27.959 23.17520,00% 20.0
Slide 13: Efficiency in Production
Operational and Financial Performance Efficiency in Production Manufacturing Units 40.630 39.574 28.348 22.119 14.310 7.987 4.770 5.308 5.466 5.192 2008 2009 2010 2011 2012 Tractor Transmission 13
Slide 14: Local Sales (Tractor)
Operational and Financial Performance Local Sales (Tractor) Local Sales (units) Case IH JX110 and New Holland TD110D were 31.152 25.597 launched to the market in 20.002 2012 with 110HP engine power. 13.136 6.946 Utility series tractors, which were launched to export 2008 2009 2010 2011 2012 markets,
Slide 15: Sustainable Export Growth (Tractor)
Operational and Financial Performance Sustainable Export Growth (Tractor) Export (units) 14.565 With the 9.645 8.808 8.938 9.601 contribution of %52 Utility series tractors, totally 14.565 tractors, a 2008 2009 2010 2011 2012 record-breaker amount, were Export Sales Revenue (Million TL) exported in
Slide 16: Total Revenue (Million TL)
Operational and Financial Performance Total Revenue (Million TL) 1,974 1,801 611 403 1,193 315 787 668 1.398 1.363 313 324 878 474 344 2008 2009 2010 2011 2012 Local Export 16
Slide 17: Sustainable Profitability (Million TL)
Operational and Financial Performance Sustainable Profitability (Million TL) 1.974 1.801 1.193 787 668 425 424 319 322 312 248 277 268 180 138 104 87 67 61 31 2008 2009 2010 2011 2012 Total Revenue Gross profit EBITDA Net Profit 17
Slide 18: Stock Performance
Stock Performance (31.12.2011 =100) 31.12.2011 Closing Price 33,80 TL 31.12.2012 Closing Price 58,25 TL %72 Annual Increase 30.12.2011 30.01.2012 29.02.2012 31.03.2012 30.04.2012 31.05.2012 30.06.2012 31.07.2012 31.08.2012 30.09.2012 31.10.2012 30.11.2012 31.12.2012 ĐMKB 100 ĐMKB 30 TürkTraktör 18
Slide 19: Disclaimer
Disclaimer This presentation contains forward-looking statements that reflect the Company management’s current views with respect to certain future events. Although it is believed that the expectations reflected in these statements are reasonable, they may be affected by a variety of variables and c
Slide 20: Question & Answer
QUESTION & ANSWER
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