Biotrend Cevre Ve Enerji Yatirimlari As · BIST:BIOEN
Biotrend Cevre Ve Enerji Yatirimlari As — Biotrend Çevre ve Enerji Yatırımları A.Ş. — Investor Presentation (May 2024)
33 slides from Biotrend Cevre Ve Enerji Yatirimlari As's investor presentation, May 24, 2024
Slide 1: Investor Presentation
Investor Presentation 24 May 2024
Slide 2: Agenda
Agenda 01 Company Overview 02 Investment Highlights 03 Strategy and Sustainable Growth Targets 04 Financial Overview of 2023 05 Annex 2
Slide 3: Company Overview
Goren »> Company Overview
Slide 4: Company Overview
Company Overview 2021 2017 ▪ Biotrend is publicly traded in Borsa Istanbul since Türkiye's ▪ Founded in 2017, Biotrend Çevre ve Enerji Yatırımları A.Ş. April 2021 under the ticker «BIOEN»,. ▪ Indexes Biotrend included in: BIST (“Biotrend” or the “Company”) is Largest the largest integrated waste COR
Slide 5: Shareholding Structure
Shareholding Structure Biotrend* Shareholding About Doğanlar Holding A.Ş. Structure Apart from its activities in the field of energy, Doğanlar Holding also has investments in furniture, 5.9% construction and retail. Strong and European Bank For Reconstruction & Development (EBRD) Furniture Construct
Slide 6: 2023 – Overview of Biotrend
2023 – Overview of Biotrend 19* 3,2 millions tons 6,3 Years 2,2 billion TRY Total Facilities Waste (organic waste) Average remaining YEKDEM term 2023 Consolidated Revenues Disposal 118,4* MWe 10+ Fields 133 USD/MW & 525 million TRY Total Installed Capacity Other existing and planned 2023 Consolidate
Slide 7: 19 Facilities, 118,4 MWe Installed Capacity
11* City, 19* Facilities 19* Facilities Giresun 11** 1 facilitiy Integrated Waste Çanakkale Bursa Management and 2 facilities 2 facilities Balıkesir Energy Generation 1 facility Sivas 2 facilites Uşak 1 facility Malatya 6 Aksaray 1 facilitiy 3 facilities Energy Generation İzmir Facilities 3 faciliti
Slide 8: Investment Highlights
Goren »> 1Ay Investment Highlights
Slide 9: Türkiye's Only and Largest Publicly Traded Integrated Waste Management Platform
Türkiye's Only and Largest Publicly Traded Integrated Waste Management, Energy 1 Generation and Bio-circular Economy Platform 2 Integrated Waste Management Benefiting from Revenue Diversification Including a New Plastic Upcycling Facility, Carbon Trading, Recycling and Greenhouse Farming Strong Glob
Slide 10: Türkiye’s Only and Largest Integrated Waste Management
1 Key Considerations Installed Capacity*, Licence Capacity* Average Installed Capacity, Incoming Waste ▪ Türkiye’s largest waste management and power generation player with 118,4* Mwe total installed capacity, 184,2* MWe total licence 181.3 181.3 181.3 capacity, 575,09 GWh of net annual electricity
Slide 11: Integrated Waste Management Benefiting from Revenue Diversification
2 Current Activities Planned Activities Integrated Waste Management Electricity Generation Plastic Upcycling* Benefiting from Recycled Products Compost Revenue Diversification Steam Generation Including a New Refuse-Derived Fuel (RDF) Plastic Upcycling Mechanical Recycling Waste Disposal Facility, C
Slide 12: Overview of Carbon Certification Projects
2 Overview of Carbon Certification Projects 3 different certification In 2023 total carbon Apart from the reserve, programs covering all credit revenue certified emissions our operations reduction credit each year VCS GCC ICR 2.3 Million USD 2-3 Million Tons 12
Slide 13: Greenhouse Farming
2 Greenhouse Farming Türkiye's First Modern Glass Greenhouse Project Using Waste Energy from Biogas Plant Hydroponic Agriculture Technology Tomato Production Target of ~2.000-2.500 Tons/Year %100 Export Target 13
Slide 14: Plastic Upcycling
2 Plastic Upcycling 60 kmta plant based on a proven and sustainable technology acquired and improved by Honeywell Production of ~ 55 kmta of Recycled Polymer Feedstock (RPF) Bergama Waste Management Facility of 9.2 Billion TL Super State Incentive Biotrend Project Aliaga Location Located in Aliağa/I
Slide 15: Plastic Upcycling – Operational Steps
2 Plastic Upcycling – Operational Steps 1 2 4 3
Slide 16: Shaping the Future Across Industries
NASDAQ: HON | ~715 sites | ~97,000 employees | Charlotte, NC headquarters | Fortune 500 | 2022 Revenue: ~$35 B ENERGY & SUSTAINABILITY INDUSTRIAL AUTOMATION AEROSPACE TECHNOLOGIES BUILDING AUTOMATION SOLUTIONS Our products and services are used on Commercial building owners and operators We help sol
Slide 17: Plastic Upcycling
2 Plastic Upcycling Upcycling Technology Purified recycled polymer feedstock is a high-value Chemically recycle plastic feedstock shredded plastic Offtake and transport to petrochemical plants Bale waste plastic Use and recycle plastic products Sort, shred, and melt plastic Create plastic resin from
Slide 18: Plastic Upcycling – Global Plastics Policy
2 Plastic Upcycling • Global Plastics Policy Regulatory Policies Countries w/ National Plastics Policies ▪ 571 public policies (294 national government laws or regulations) introduced since January 2000 ▪ 129 countries currently have at least one national or subnational policy Economic Policies ▪ Mo
Slide 19: Strong Global and Local Will Supporting Growth
3 2 Strong Global and Local Will Supporting Domestic & International Growth 1 3 Expectations & Renewable Energy EU Directives Ease of Access Carbon Emissions to Financing Green Consensus Sources Circular Economy Green Financing Sources Zero Waste Project Sustainable Agriculture Carbon Border Adjustm
Slide 20: Sustainable and Eco-Friendly
4 ▪ In 2021, Biotrend became the UN Global Compact & UN Women signatory of the UN Global Compact ▪ In 2023 became the signatory of the UN Women Sustainable ▪ Carbon Certification Projects &Sustainability Projects and Eco- ▪ Plastic Upcycling Zero-Carbon and Sustainability ▪ Continuous effort to impr
Slide 21: Strategy and Sustainable Growth Targets
Strategy and Sustainable Growth Targets
Slide 22: Strategy and Sustainable Growth Targets
Strategy and Sustainable Growth Targets OPERATIONAL DOMESTIC INORGANIC EFFICIENCY GROWTH INTERNATIONAL DOMESTIC & INTERNATIONAL ORGANIC GROWTH VERTICAL GROWTH 22
Slide 23: Financial Overview
Goren » Jel) Financial Overview
Slide 24: Revenue
Revenues (TRY Million) Revenue Including TAS-29 Inflation Adjustments Excluding TAS-29 Inflation Adjustments 2.338 - 4% -4% 2.233 46% 1.813 46% 1.243 2022 2023 2022 2023 TAS: Turkish Accounting Standarts
Slide 25: Profitability
Gross Profit (TRY Million) Including TAS-29 Inflation Adjustments Excluding TAS-29 Inflation Adjustments Profitability 797 34% 15% 34% 18% - 58% 426 - 25% 338 321 2022 2023 2022 2023 Gross Profit Margin EBITDA (TRY Million) Including TAS-29 Inflation Adjustments Excluding TAS-29 Inflation Adjustment
Slide 26: Net Profit
Net Profit (TRY Million) Net Profit Including TAS-29 Inflation Adjustments Excluding TAS-29 Inflation Adjustments 950 43% 25% 32% 25% 577 65% 585 88% 311 2022 2023 2022 2023 Net Profit Margin 26
Slide 27: Net Financial Debt
Net Financial Debt Net Financial Indebtedness (TRY Million) 31.12.2022 31.12.2023 Short-Term Indebtedness - 279 Short-Term Portion of Long-Term Bank Loans 728 627 Leasing Debts 5 13 Short-Term Financial Indebtedness 733 919 Long-Term Indebtedness 2.046 2.153 Leasing Debts 57 49 Long-Term Financial I
Slide 28: Annex
Annex
Slide 29: Balance Sheet
Balance Sheet TRY Million Cash and Cash Equivalents 31.12.2022 45,5 31.12.2023 147,2 Trade Receivables 554,3 249,3 Stocks 195 325,6 Prepaid expenses 1.000 244,7 Others 229,7 179,1 In 2023, total CURRENT ASSETS 2.025 1.145 assets reached Investments Accounted for Using Equity Method 235,9 281,3 Inves
Slide 30: Income Statement
Income Statement TRY MILLION 31.12.2022 31.12.2023 Revenue 2.337,70 2.233,03 Cost of Sales -1.540,64 -1.894,75 Gross Profit 797,04 383,3 General Administrative Expenses -242,7 -323,3 Marketing Expenses -6,6 -1,9 Other Operating Income 196,1 360,5 Other Operating Expenses -136,95 -215,29 Operating Pr
Slide 31: Awards
Awards Bronze Award in the Sustainable Energy 6th Türkiye Energy and Climate Forum - Our “Renewable Energy Brand of the Year” award at Energy and Natural Resources Summit Our Energy category at the EBRD Sustainability Awards 2022 Energy Our Future Awards the Türkiye Innovation and Success Awards is
Slide 32: Disclaimer
Disclaimer The information contained in this presentation has been prepared by Biotrend Çevre ve Enerji Yatırımları A.Ş. ("Biotrend" or the "Company"). The information contained in this presentation is not intended to be comprehensive, nor has it been independently verified. The information used in
Slide 33: Thank you!
Biotrend Investor Relations Gözde Çivici Investor Relations Director & Corporate Secretary Şeyma İnayet Uygur Investor Relations Executive yatirimci.iliskileri@biotrendenerji.com.tr +90 216 693 03 80 www.biotrendenerji.com.tr BiotrendA Biotrend Enerji biotrendenerji Thank you!
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