Atakey Patates Gida Sanayi Ve Ticaret As · BIST:ATAKP
Atakey Patates Gida Sanayi Ve Ticaret As — Atakey Patates — Q2 2026 Earnings Presentation
17 slides from Atakey Patates Gida Sanayi Ve Ticaret As's earnings presentation, Aug 6, 2026
Slide 1: Atakey Patates Q2 2026 Results Presentation
ATAKEY PATATES Q2 2026 Results Presentation 6 August, 2026
Slide 2: Disclaimer
Disclaimer This presentation includes forward-looking statements, including, but not limited to, statements regarding Atakey Patates's plans, objectives, expectations, and intentions, and other statements that are not historical facts. Forward-looking statements can generally be identified by the us
Slide 3: Key Financial Performance Indicators for Q2 2026
Key Financial Performance Indicators for Q2 2026 Revenue Gross Profit EBITDA *Net Loss After IAS-29 ₺ 1,137 M ₺ 72 M ₺ 51M ₺ (254) M -11% -45% -38% Revenue Gross Profit EBITDA Net Profit Before IAS-29 ₺ 1,139 M ₺ 252 M ₺ 216 M ₺ 42 M 21% 15 % 19 % * Apart from EBITDA loss, the net loss reflects non-
Slide 4: Achieving Target Inventory Levels Through Disciplined Production Planning
Achieving Target Inventory Levels Through Disciplined Production Planning Frozen Potato Production K Tonnes Disciplined Harvesting and Inventory Optimization Planned Rebalancing, Full-Year Trajectory Intact 3% 21.7 22.4 Expected harvest intake around 115K tonnes in 2026 Raw and frozen inventories re
Slide 5: A Record Quarter for Volume, Led by Resilient Demand
A Record Quarter for Volume, Led by Resilient Demand Total Product Sales, K Tonnes 1H Sales, Excluding Exports, K Tonnes Serving QSR Locations 3% 5% Across Türkiye 18.5 19.0 35.2 33.1 35.0 ✓ Domestic Momentum Driving the Underlying Growth Story ✓ Total sales volume QoQ grew 3% to 19K 1H25 tonnes. 2Q
Slide 6: Channel Allocation in Q2 2026: TAB Gıda as the Primary Growth Engine
Channel Allocation in Q2 2026: TAB Gıda as the Primary Growth Engine TAB Gıda Sales Core Growth Driver, 86% Share 3rd Party Sales 2.5K tonnes sold in 2Q26, down 31% yoy TAB Gıda sales reached 16.4K tonnes in 2Q26, 13% yoy increase as focus shifts to TAB Gıda Sales in K Tonnes 12% 18.5 16.0 19.0 30.2
Slide 7: Q2 2026 Financial Results Overview
Q2 2026 Financial Results Overview 7
Slide 8: Financial Performance Summary in 2Q26 and 1H26 (After IAS 29)
Financial Performance Summary in 2Q26 and 1H26 After IAS 29-Inflation Accounting Million ₺ 2Q26 2Q25 YoY% 1H26 1H25 YoY% YoY % Revenues 1,137 1,271 -11% 2,151 2,468 -13% Gross Profit 72 131 -45% 166 248 -33% Gross Profit margin % 6% 10% -4pp 8% 10% -2pp EBITDA 51 82 -38% 165 228 -28% EBITDA margin %
Slide 9: Financial Performance Summary in 1H26 and 1H25 (Before IAS 29)
Financial Performance Summary in 1H26 and 1H25 Before IAS 29-Inflation Accounting Million ₺ 1H26 1H25 YoY% YoY % Revenues 2,050 1,760 16% Gross Profit 445 403 10% Gross Profit margin % 22% 23% -1pp EBITDA 389 358 9% EBITDA margin % 19% 20% -1pp Net Profit 206 506 -59% Net Profit margin % 10% 29% -19
Slide 10: Impact of IAS Inflation Accounting on 1H26 Net Profit
Impact of IAS 29 Inflation Accounting on 1H26 Net Profit Million ₺ Inflation Accounting Effects on Net Profit 206 -279 -194 -366 -61 -39 1H26 Net Profit Inventory Effect Monetary Deferred Tax Indexing 1H26 Net Loss w/o IAS 29 on COGS Gain / (Loss) Income/Expense and Others w IAS 29 10
Slide 11: Cash Generation Capability – After IAS29
Cash Generation Capability – After IAS29 Million ₺ Generated Cash From Operations Artış Cash In Düşüş Cash Toplam Total Out Summary of Cash Flow (Million ₺) 2,151 cash expense 2025 End Cash 722 Generated Cash from COGS + G&A 349 1,197 Operations in 1H26 Increase in Receivables Financial Net Income 1
Slide 12: CAPEX, Debt and NWC Financial Metrics – After IAS29
CAPEX, Debt and NWC Financial Metrics – After IAS29 CAPEX Million ₺ Net Working Capital CAPEX / LTM Revenues % Million ₺ 350 7.0% 8.0% 7.0% 300 6.0% 250 5.0% 3.1% 200 325 2.6% 4.0% 150 3.0% 100 145 2.0% 50 111 1.0% 0 0.0% 1H25 2025 1H26 Net Debt Million ₺ 2,795 Net Debt / LTM EBITDA % 2,461 2,520 80
Slide 13: Appendix
wa) Appendix
Slide 14: Income Statement for Jan – June 2026
Income Statement for 1 Jan – 30 June 2026 After IAS29 Before IAS29 Million ₺ 1H26 1H25 YoY % 1H26 1H25 YoY % Revenue 2,151 2,468 -13% 2,050 1,760 16% Cost of sales (-) (1,986) (2,220) -11% (1,606) (1,357) 18% Gross Profit 166 248 -33% 445 403 10% General and administrative expenses (-) (122) (124) -
Slide 15: Balance Sheet as of June 2026 (Assets)
Balance Sheet as of 30 June 2026 After IAS29 Before IAS29 Million Million TL ₺ 1H26 2025 YoD % 1H26 2025 YoD % ASSETS Current Assets Cash and cash equivalents 58 35 66% 58 30 95% Financial Investments 581 687 -15% 581 584 -0.5% Trade receivables 987 455 117% 987 387 155% Other receivables 0.4 - 0% 0
Slide 16: Balance Sheet as of June 2026 (Liabilities)
Balance Sheet as of 30 June 2026 After IAS29 Before IAS29 MillionMillion ₺ ₺ 1H26 2025 YoD % 1H26 2025 YoD % LIABILITIES Short-Term Liabilities Short-term borrowings 40 - 0% 40 - 0% Short-term portion of long-term financial borrowings 86 106 -19% 86 90 -4% Payables from short-term rental transaction
Slide 17: Investor Relations Contact
yatirimciiliskileri@atakey.com.tr www.atakey.com.tr