Aksa Akrilik Kimya Sanayii A.s. · BIST:AKSA
Aksa Akrilik Kimya Sanayii A.s — Q2 2025 Earnings Presentation
14 slides from Aksa Akrilik Kimya Sanayii A.s's earnings presentation, June 2025
Slide 1: Q2 2025 Financial Results
Q2 2025 Financial Results Financial Results Presentation
Slide 2: Q2 2025 Key Points
Q2 2025 Key Points Capacity Utilization Rate: 76% Export Revenue: 51% of total revenue Net Sales Working Capital EBITDA Shipment Volume: Approximately 132,000 tons (Revenue) Value-added and technical products balanced 381,1 56,4( 118,4 the weak domestic demand. (Mn $) Mn $) (Mn $) Acrylonitrile (ACN
Slide 3: Financial Performance (Mn US Dollars)
While demand in the global acrylic fiber sector remains weak, price pressures and declines in capacity utilization continue. Aksa Akrilik is strengthening its position in both domestic and international markets through product diversification and a customer-focused production strategy. The company e
Slide 4: Aksa Total Segment Revenues
Aksa Total Segment Revenues Q2 2025 Segment Reporting Results Q2 2024 Segment Reporting Results Other Energy Other Energy 5.2% 6.5% 1.6% 7.7% Fibers Fibers 87.2% 91.9% In parallel with the decline in capacity utilization rates, the share of fiber sales in total revenue has decreased. 4
Slide 5: Aksa Sales Volumes Fiber Segment Breakdown
Aksa Sales Volumes Fiber Segment Breakdown High Value Added Fibers High Value Added Fibers 8.8% High Value Added Fibers 18.4% 27.2% Domestic Export Total Standard Fibers 72.8% Standard Fibers Standard Fibers 91.2% 81.6% We aim to raise operational excellence to the highest level, build an efficient
Slide 6: ACN (Acrylonitrile) / Fiber Prices
ACN (ACRYLONITRILE) / Fiber Prices A.C.N (USD Dollar / ton) Ecru Tow List Price (USD Dollar / ton) 2,500 2,300 2,300 2,450 2,225 2,180 2,350 2,100 2,100 2,070 2,000 2,000 1,500 1,230 1,230 1,180 1,400 1,350 1,050 1,100 1,300 1,350 1,360 1,000 500 0 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3
Slide 7: Sales Volumes (k ton)
Sales Volumes (k ton) Domestic Sales Export 80 73 63 71 67 65 60 35 33 29 34 35 40 20 38 38 34 32 30 0 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 As of Q2 2025, Aksa Akrilik total fiber sales volume declined by 20% compared to the same period of the previous year, reaching 7 approximately 132,000 tons.
Slide 8: Aksa Balance Sheet - Assets and Liabilities (Thousand TL)
Aksa Balance Sheet - Assets and Liabilities (Thousand TL) Consolidated Summary Balance Sheet 30 June 2025 31 December 2024 Assets 45.745.044 41.574.243 Variances Current assets 16.491.398 14.706.316 12% Cash and cash equivalents 5.802.138 3.689.692 57% Trade receivables 4.287.823 4.516.584 -5% Inven
Slide 9: Aksa Ratio Analysis Table
Aksa Ratio Analysis Table Liquidity Ratios 30 June 2025 31 December 2024 Current Ratio 1,17 1,27 Liquidity Ratio 0,83 0,82 Net Financial Debt / Equity 0,21 0,14 Net Financial Debt / EBITDA 1,32 0,70 Profitability Ratios 30 June 2025 30 June 2024 EBITDA Margin 14,80% 17,10% Net Profit Margin 1,70% 5,
Slide 10: Net Financial Debt (USD) / Net Financial Debt / EBITDA (USD)
Net Financial Debt (USD) Net Financial Debt / EBITDA (USD) 140 1,4% 120 1,2% 100 1,0% 80 0,8% 130 60 0,6% 105 95 40 0,4% 20 39 0,2% 6 10 0 0,0% 2020 2021 2022 2023 2024 2025 2020 2021 2022 2023 2024 2025 Our net financial debt stands at approximately 132% of our annual EBITDA. Our financial debt lev
Slide 11: Highlights
HIGHLIGHTS Capital Increase of Subsidiary The current capital of Epsilon Kompozit Teknoloji ve Savunma Sanayi A.Ş. (“Epsilon”), a subsidiary of our Company, has been increased from TL 26,500,000 to TL 326,500,000 within the scope of the foreseen investments and needs, and our Company has participate
Slide 12: Highlights
HIGHLIGHTS Purchase of DowAksa Advanced Composites Holdings B.V. Shares The process regarding the acquisition of the remaining 50% stake in DowAksa Advanced Composites Holdings B.V., in which our Company already holds a 50% share, from Dow Europe Holdings B.V., as previously disclosed to the public
Slide 13: Expectations for 2025
Expectations for 2025 (*) 2025 Capacity utilization rate %80 (+/- 5 bps) 75 mn USD Dollar Investment (+/- 10 mn $) Net sales (**) 850 mn USD Dollar EBITDA %12 - 16 (*) Reflects management’s expectations based on currently available data. Actual results may differ due to future events and uncertainti
Slide 14: Disclaimer
Disclaimer This presentation reflects the opinions of the Company Management, including future expectations, in line with the events foreseen in the future, as well as the analysis of the information and financial statements about the Company. Although it is believed that the information and analyze
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