Iskenderun Demir Ve Celik As · BIST:ISDMR
Iskenderun Demir Ve Celik As — FY2018 Earnings Presentation
14 slides from Iskenderun Demir Ve Celik As's earnings presentation, Feb 7, 2019
Slide 1: ISDEMIR
ISDEMIR MINING METALLURGY Gi @ak ))
Slide 2: 2018 12 Months Investor Presentation
2018 12 Months Investor Presentation 07.02.2019
Slide 3: Disclaimer
Disclaimer İskenderun Demir ve Çelik A.Ş. (İsdemir) may, when necessary, make written or verbal announcements about forward-looking information, expectations, estimates, targets, assessments and opinions. İsdemir has made the necessary arrangements about the amounts and results of such information t
Slide 4: Operational and Financial Highlights
Operational and Financial Highlights Operational Highlights 2016 2017 2018 Growth (YoY) Liquid Steel Production (000 tons) 5,665 5,720 5,840 2.1% Flat Steel Production (000 tons) 3,880 4,259 4,529 6.3% Long Steel Production (000 tons) 1,572 1,328 980 -26.2% Flat Steel Shipments (000 tons) 3,937 4,24
Slide 5: Liquid Steel Production (000 tons)
Liquid Steel Production (000 tons) Liquid steel production increased by 3.0% YoY in Q4 2018. +2.1% 5,840 +%3.0 5,665 5,720 5,228 1,437 1,468 1,480 2015 2016 2017 2018 Q4 2017 Q3 2018 Q4 2018 5
Slide 6: Crude Steel Capacity Utilization Ratio
Crude Steel Capacity Utilization Ratio 100% 99% 100% 98% 92% 87% 78% 76% 72% 70% 69% 2013 2014 2015 2016 2017 2018 İsdemir World* 6 *As of August 2018, Worldsteel no longer publishes global capacity utilization ratio for anti-trust reasons. Source: Worldsteel
Slide 7: Production (000 tons)
Production (000 tons) Flat production increased by 6.3% YoY in 2018. 5,452 5,587 5,509 5,058 1,328 980 1,572 1,563 1,411 1,398 1,380 335 231 296 4,259 4,529 3,495 3,880 1,076 1,167 1,084 2015 2016 2017 2018 Q4 2017 Q3 2018 Q4 2018 Long Flat 7 Slab production was included in flat production.
Slide 8: Sales Volume (000 tons)
Sales Volume (000 tons) Flat sales increased by 3.8% YoY 2018. 5,524 5,614 5,332 4,953 1,587 1,365 920 1,552 1,468 1,386 1,331 4,412 359 235 263 3,937 4,249 3,401 1,109 1,151 1,068 2015 2016 2017 2018 Q4 2017 Q3 2018 Q4 2018 Long Flat 8 Intra-group slab sales were included in flat sales.
Slide 9: Net Sales Revenue (USD mn)
Net Sales Revenue (USD mn) Net sales revenue increased by 12.8% YoY in 2018. 3,291 2,917 693 443 2,181 2,147 293 312 843 848 788 99 210 2,474 2,598 209 1,888 1,835 744 638 579 2015 2016 2017 2018 Q4 2017 Q3 2018 Q4 2018 Export Domestic 9 Intra-group slab sales revenues were included in flat sales re
Slide 10: EBITDA & Net Profit
EBITDA & Net Profit EBITDA (USD mn) EBITDA Margin (%) 30.6% 34.1% 25.0% 17.8% 36.9% 32.3% 31.6% 1,122 891 536 311 274 249 389 2015 2016 2017 2018 Q4 2017 Q3 2018 Q4 2018 Net Profit (USD mn) Net Profit Margin (%) 22.4% 25.9% 9.7% 14.5% 26.4% 20.6% 26.3% 851 654 223 174 207 212 312 2015 2016 2017 2018
Slide 11: EBITDA per Ton (USD/ton)
EBITDA per Ton (USD/ton) 226 215 206 186 156 98 83 2015 2016 2017 Q1 2018 Q2 2018 Q3 2018 Q4 2018 Main Product 11
Slide 12: Cost of Sales Breakdown (%)
Cost of Sales Breakdown* (%) 8 7 6 6 6 7 5 3 5 3 5 6 7 5 9 9 Raw Materials Personnel Expenses Purchased Energy Expenses 72 79 81 Depreciation and Amortization Exp. 71 Other 2015 2016 2017 2018 Raw Materials Breakdown (%) 20 20 14 16 16 16 Iron Ore&Pellet 19 17 34 Coal 27 27 35 Scrap Other 34 36 36 3
Slide 13: Number of Employees
Number of Employees 5,526 5,613 5,262 5,028 4,863 4,724 2013 2014 2015 2016 2017 2018 13
Slide 14: İsdemir Investor Relations
İsdemir Investor Relations investorrelations@erdemir.com.tr www.isdemir.com.tr/yatirimcilar/ +90 216 578 80 61 14
İskenderun Demir ve Çelik A.Ş. (İsdemir) — FY2018 Earnings Presentation on 6ix