Eregli Demir Ve Celik Fabrikalari T.a.s. · BIST:EREGL
Eregli Demir Ve Celik Fabrikalari T.a.s — Ereğli Demir ve Çelik Fabrikaları T.A.Ş. (Erdemir) — 9M 2022 Earnings Presentation
16 slides from Eregli Demir Ve Celik Fabrikalari T.a.s's earnings presentation, Oct 26, 2022
Slide 1: 2022 9 Months Investor Presentation
METALLURGY ERDEMIR > 7()22 9 Months Investor Presentation 26.10.2022
Slide 2: 2022 Market Overview
c ERDEMIR )) 2022 Market Overview
Slide 3: Commodity Prices
3 0 200 300 400 500 600 700 100 200 300 400 500 600 USD/TON USD/TON Oct-20 Oct-20 Nov-20 Nov-20 Dec-20 Dec-20 Jan-21 Jan-21 Feb-21 Feb-21 Mar-21 Mar-21 Apr-21 Apr-21 May-21 May-21 Source: Platts / IODEX Jun-21 Jun-21 Jul-21 Jul-21 Aug-21 Aug-21 Sep-21 Sep-21 COMMODITY PRICES Oct-21 Oct-21 Nov-21 Nov
Slide 4: Turkish Steel Industry
TURKISH STEEL INDUSTRY PRODUCTION (MN TONS) EXPORTS (MN TONS) 27.9 25.5 10.2 12.7 9.8 11.1 3.9 3.5 17.7 15.7 8.0 7.0 0.8 0.6 8M 2021 8M 2022 8M 2021 8M 2022 CONSUMPTION (MN TONS) IMPORTS (MN TONS) 23.2 22.0 12.5 12.4 10.8 10.2 6.3 6.1 10.7 9.6 1.0 0.9 3.5 3.2 8M 2021 8M 2022 8M 2021 8M 2022 4 Source
Slide 5: 2022 9M Results
Gr) 2022 SM Results
Slide 6: Financial and Operational Results - 2022 9M
FİNANSAL VE OPERASONEL SONUÇLAR - 2022 9A 1,634 Million USD 26% 936 Million USD 15% EBITDA EBITDA Margin Net Profit Net Profit Margin 5.5 Billion USD 6.1 Million Tons 5.8 Million Tons 6,343 Million USD Market Cap Total Production Total Sales Revenue 6
Slide 7: Operational Indicators
OPERATIONAL INDICATORS LIQUID STEEL PRODUCTION (000 TONS) CRUDE STEEL CAPACITY UTILIZATION RATIO 97% 94% 91% 89% 6,949 84% 6,142 2,359 2,165 1,944 Q3 2021 Q2 2022 Q3 2022 9M 2021 9M 2022 2018 2019 2020 2021 9M 2022 PRODUCTION (000 TONS) SALES VOLUME (000 TONS) 6,258 6,110 6,098 5,821 561 617 551 623
Slide 8: Domestic Sales Breakdown and Export
DOMESTIC SALES BREAKDOWN AND EXPORT FLAT STEEL DOMESTIC SALES LONG STEEL DOMESTIC SALES 9M 22 9M 22 Automotive Rebar and Profile Producers 14% 15% (629) (84) 9M 21 9M 21 14% 20% (612) (105) 14% General Manufacturing Industry 46% Pipe&Profile and Rolling 20% 48% (2,007) (80) 23% (901) (2,167) 19% (1,
Slide 9: Financial Indicators
FINANCIAL INDICATORS NET SALES REVENUE (USD MN) +19.1% EBITDA PER TON (USD/TON) 6,343 413 418 5,324 1,064 336 335 250 329 1,070 219 2,171 2,202 2,040 172 144 535 327 374 139 145 124 124 5,279 95 103 117 67 4,254 1,636 1,875 1,666 Q3 2018 Q4 2018 Q1 2019 Q2 2019 Q3 2019 Q4 2019 Q1 2020 Q2 2020 Q3 202
Slide 10: EBITDA to Net Profit and Change in Cash
EBITDA NET PROFIT (USD MN) (163) 0.7 2.5 (32) (468) (38) 1,634 1,471 936 EBITDA (9M 2022) Depreciation Interest Inc. Operating Investing Finance Tax Inc./(Exp.) Non-Controlling NET PROFIT (9M 2022) (Exp.) in Other Income Activities Inc./(Exp.) Interests Operating Inc. Inc./(Exp.) and (Exp.) Equity P
Slide 11: Analysis of Financial Position
ANALYSIS OF FINANCIAL POSITION FINANCIAL BORROWINGS* (USD MN) NET WORKING CAPITAL (USD MN) 1,470 1,255 1,222 861 997 723 3,201 930 2,825 2,508 510 2,173 856 940 499 473 325 351 (17) 41 (504) (605) 2019 2020 2021 9M 2022 Trade Receivables Inventories Trade Payables Other Working Capital Short-Term De
Slide 12: Cost of Sales Breakdown
COST OF SALES BREAKDOWN* (%) 9M 2022 4 Other RAW MATERIALS BREAKDOWN Depreciation and Amortization 3 Exp. 4 Personnel Expenses 10 Iron Ore&Pellet Coal Scrap Other Purchased Energy Expenses 28 40 10 22 79 Raw Materials 2021 6 Other 5 Depreciation and Amortization Exp. 6 Personnel Expenses Iron Ore&Pe
Slide 13: Capital Expenditures
CAPITAL EXPENDITURES* (USD MN) 31% 26% 23% 18% 14% 434 14% 380 13% 306 251 208 216 162 2016 2017 2018 2019 2020 2021 9M 2022 Capital Expenditures Capital Expenditures /EBITDA 13 *Advance payments for capital expenditures are not included.
Slide 14: Sustainability
SUSTAINABILITY We shape our approach to value generation on the basis of three basic concepts as follows: sustainable growth, responsible production, approach that puts people at the center. 14
Slide 15: Investor Relations Contact
investorrelations@erdemir.com.tr www.erdemir.com.tr/investor-relations/ +90 216 578 80 61 15
Slide 16: Disclaimer
DISCLAIMER Ereğli Demir Çelik Fabrikaları T.A.Ş. (Erdemir) may, when necessary, make written or verbal announcements about forward-looking information, expectations, estimates, targets, assessments and opinions. Erdemir has made the necessary arrangements about the amounts and results of such inform
Ereğli Demir ve Çelik Fabrikaları T.A.Ş. (Erdemir) — 9M 2022 Earnings Presentation on 6ix