Celik Halat Ve Tel Sanayii A.s. · BIST:CELHA
Celik Halat Ve Tel Sanayii A.s — Investor Presentation (March 2018)
25 slides from Celik Halat Ve Tel Sanayii A.s's investor presentation, March 2018
Slide 1: Everywhere you live in… Investor Presentation, March 2018
Everywhere you live in… Investor Presentation, March 2018
Slide 2: Leading steel rope & wire producer in Turkey
Leading steel rope & wire producer in Turkey Founded in : 1962 Location : İzmit / Turkey Open Area : 57.000 m² Covered Area : 50.000 m² Total Area : 107.000 m² Company Profile Production Capacity : 70.000 Tons / Year Products : Steel wire ropes, prestressed : concrete strand, spring wire Listed in B
Slide 3: Çelik Halat in Brief
Çelik Halat in Brief • Domestic market leader & strong customer loyalty. • Experience and know-how as being the first company in the sector with more than 55 years of commitment, since establishment. • Well known brand worldwide; exports to 40+ countries. • Specialized in mining, petroleum explorati
Slide 4: Doğan Group at a glance
Doğan Group at a glance Doğan Holding is the major shareholder of Çelik Halat Doğan Holding’s Consolidated Revenues & EBITDA (TL mn) since 1997 Doğan Group, founded by Aydın Doğan in 1959, is one of the leading groups in Turkey with almost 60 years of experience. Doğan Şirketler Grubu Holding A.Ş. (
Slide 5: The first company in the sector with more than 55 years of experience
The first company in the sector with more than 55 years of experience Establishment 1962 Public Listing in Borsa İstanbul 1986 Start of Manufacturing PC Strand 1986 Owned By Doğan Group Prestressed 1997 Footsteps Of Reliability Concrete Strands Investment 2009 PGH Oven Investment 2010 Wire Rope Inve
Slide 6: Product Showcase
Product Showcase Market leading position & well-known brand Patented Galvanized Wire Spring Wire Steel Wire Rope Mechanical Prestressed Spring Wire Concrete Strand 6
Slide 7: Steel Wire Rope
Steel Wire Rope Wide range of products to Product Diameter Range: Production according to any suit requirements 6 - 83 mm international standards such of mining, petroleum as API, EN, Fed. Spec., BS, exploration, fishing, marine, Surface: JIS. lifting, elevator industries and Bright or Galvanized ge
Slide 8: Steel Wire
Steel Wire MECHANICAL SPRING WIRE GALVANIZED SPRING WIRE PATENTED WIRE Widely used in various Widely used in white goods Medium and high tensile grades industries including automotive and in automotive sectors Patented bright & galvanized and agriculture Dia. range: 0,35 – 3,80 mm wires to be furthe
Slide 9: Prestressed Concrete Strand
Prestressed Concrete Strand • Production according to • Prestressed Concrete Strands international standards are mainly used in bridge girders, constructions, anchorages and Packing: In coils around 3300 kg prefabricated structures. 9
Slide 10: Investing in Innovation & Efficiency
Investing in Innovation & Efficiency • R&D center*, established in 2017, will improve efficiency and new product development. R&D projects will include: • Developing a new product class of galvanized wire rope Sustainable growth • Developing wire rope with plastic coated core • Die design and die en
Slide 11: Investment in Wire Rope
Investment in Wire Rope Investment in wire rope production, expected to be operational in 3Q18, consists of purchasing of 11 wire rope machines. This will lead to: Diversification in wire rope production and increasing the share of technological wire: Investments • Max.18 tons range wire rope • Non
Slide 12: Environmental Responsibilities
Environmental Responsibilities • Obtained ISO 14001 Environmental Management System Certification • Weather emission permit was renewed on December 18, 2014, and valid for five years. • TSE 18001-2014 & TSE 14001-2004 Audits are completed successfully without any inconvenient matter. • Scrubber of S
Slide 13: Certificates and Memberships
Certificates • API (American Petroleum Institute) • Lloyd’s Register • ISO 9001 / 2008 • ISO 14001 / 2004 • ISO 18001 / 2008 Memberships Certificates and • EWRIS (European Federation of Steel Wire Rope Industries) Memberships • CET (European Wire Manufacturers Committee) • ESIS (European PC Strand M
Slide 14: Financials & Outlook
CB ceux Hacar Financials & Outlook
Slide 15: Financial Highlights
Financial Highlights Revenues (TL mn) EBITDA (TL mn) § EBITDA Margin (%) 225 15.2% 13.2% 153 10.0% 7.4% 12 78 23 49 6 11 2016 2017 1Q17 1Q18 2016 2017 1Q17 1Q18 Net Income/(Loss) (TL mn) Net Debt (TL mn) 10.8 29 6.6 18 13 10 3.1 2.1 2016 2017 1Q17 1Q18 2015 2016 2017 1Q18 15
Slide 16: Exports constitute one-third of revenues
Exports constitute one-third of revenues Sales Volume (000 TONS) REVENUES BY PRODUCT REVENUE BREAKDOWN (1Q18) 60 1% 57 8% 27% 33% 30% 14% 48% 15 17 73% 67% 70% 29% 2016 2017 1Q17 1Q18 2016 2017 1Q18 Prestressed Concrete Strand * Breakdown of gross revenues Steel Wire Rope Local Exports Spring Wire G
Slide 17: CELHA Stock Info & Dividend History
CELHA Stock Info & Dividend History Market Data as of May 11, 2018 Net Income (TL mn) & Dividend Pay-out Ratio Share price 7.77 TL (1.82 US$) 56% 49% 42% MCap 128 mn TL (30 mn US$) 52 week low/high share price 3.42 TL/ 9.32 TL 10.8 7.8 0% Share price perf. (year-to-date in TL) +108% 0.6 2.1 BIST100
Slide 18: Why Çelik Halat?
Why Çelik Halat? Market-Leading Position; and well-known brand • Domestic leader with 55 years of experience & strong customer profile • Globally well-known brand with exports to more than 40 countries • Powerful brand that is also used as the generic name. Strong Operational Performance • Top-line
Slide 19: Outlook
Outlook Commitment • Focus on maintaining sales volumes in main business lines for growth • Growth in revenues owing to high value added sales mix, price improvement and currency impact and sustainable • Better operational performance expected with the contribution of new investment value • R&D divi
Slide 20: 1Q18 Financial Review
CB ceux Hacar 1078 FinanciabReview
Slide 21: 1Q18 Results in Brief
1Q18 Results in Brief REVENUES (TL MN) EBITDA (TL MN) +102% +45% +47% +99% 23 225 • Revenues increased by 61% in 1Q18, yoy. 153 +86% 11 +61% 12 • EBITDA increased by 86% yoy in 1Q18 to TL12 78 6 49 mn; following a strong performance in FY17. • Net income increased to TL 6.6 mn, vs. 3.1 mn in 2016 20
Slide 22: Solid financial structure
Solid financial structure Summary Balance Sheet (TL) Dec 31, 2017 March 31, 2018 Current Assets 110,214,023 140,944,053 Non-Current Assets 40,144,194 43,336,366 Total Assets 150,358,217 184,280,419 Current Liabilities 100,942,488 133,409,190 Non-Current Liabilities 6,799,059 6,963,364 Equity 42,616,
Slide 23: Income Statement
Income Statement Summary Income Statement (TL) FY16 FY17 Chg YoY 1Q17 1Q18 Chg YoY 152,904,029 225,121,382 47% 48,535,456 78,244,580 61% Revenues -131,329,542 -187,106,280 42% -39,501,998 -62,485,101 58% Cost of Sales (-) 21,574,487 38,015,102 76% 9,033,458 15,759,479 74% Gross Profit -7,050,760 -8,
Slide 24: Disclaimer
gS CELIK HALAT | Disclaimer CELIK HALAT ve TEL SANAYII AS (“Celik Halat”) has prepared this book (the “Book”) for the sole purpose of providing information relating to Celik Halat (the “Information”) The contents of this Book is based on public information and on data provided by Gelik Halat managem
Slide 25: Thank You
Thank You For Further Information E-mail: info@celikhalat.com.tr ÇELİK HALAT ve TEL SANAYİİ A.Ş. Ertuğrul Gazi Mahallesi Şehitler Cad. No:2 Kartepe, 41180 İZMİT / TÜRKİYE T: +90 262 371 12 80 www.celikhalat.com.tr 25
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