Atakey Patates Gida Sanayi Ve Ticaret As · BIST:ATAKP
Atakey Patates Gida Sanayi Ve Ticaret As — Atakey Patates — Q3 2025 Earnings Presentation
19 slides from Atakey Patates Gida Sanayi Ve Ticaret As's earnings presentation, Oct 31, 2025
Slide 1: ATAKEY PATATES Q3 2025 Results Presentation
ATAKEY PATATES Q3 2025 Results Presentation 31 October 2025
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 Performance Indicators for 9M 2025
Key Performance Indicators for 9M 2025 Revenue Gross Profit EBITDA Net Profit After IAS-29 ₺ 2,920 M ₺ 295 M ₺ 308 M ₺ 38 M Revenue Gross Profit EBITDA Net Profit Before IAS-29 ₺ 2,636 M ₺ 582 M ₺ 532 M ₺ 734 M 3
Slide 4: Sustaining Momentum: 9M 2025 Operational Overview
Sustaining Momentum: 9M 2025 Operational Overview Key Drivers Results Change % Robust Group Demand 52.7 K Tonnes + 11% YoY and Domestic Prioritization Total Sales Volume Production Schedule Aligned with 46.7 K Tonnes - 6% YoY Inventory Optimization Total Production Volume Leveraging Ecosystem 76% of
Slide 5: Our Coated Product Portfolio Driving Momentum in Q3 2025
Our Coated Product Portfolio Driving Momentum in Q3 2025 K Tonnes Total Production aligned with Current Stock Consistent Harvesting and Production Levels and Market Demand 49.7 46.7 Harvest of potatoes and onions progressing in line with plan 21.4 21.7 Raw Potato Harvest 115K tonnes, alongside 5.1K
Slide 6: Q3 Sales Performance: Strong Domestic Demand Drives Growth
Q3 Sales Performance: Strong Domestic Demand Drives Growth Market Leadership and Sales Growth K Tonnes 11% 2024 2025 52.7 1% 15% 18% Solid Volumes with Product Mix 16.4 16.6 18.5 17.5 Enhancements 16.0 14.8 ✓ Q3 frozen product sales volume reached 17.5 K tonnes (-5.5% QoQ) Q1 Q2 Q3 9M ✓ Volumes in-l
Slide 7: Strong Momentum Driven by TAB Gıda and Resilient Domestic Sales
Strong Momentum Driven by TAB Gıda and Resilient Domestic Sales TAB Gıda Remains Key Growth Driver accounting for 3rd Party Channel Remains Resilient International Sales 76% of total sales TAB Gıda Sales with 40.1K tonnes recorded 4.2K tonnes Frozen Products sold in 3Q25 Trial Shipments 39% yoy incr
Slide 8: 3Q & 9M 2025 Financial Results Overview
3Q & 9M 2025 Financial Results Overview 8
Slide 9: Financial Performance Summary in 3Q25 and 9M25
Financial Performance Summary in 3Q25 and 9M25 After IAS 29-Inflation Accounting 3Q25 3Q24 YoY% 9M25 9M24 YoY% YoY % Million ₺ Revenues 911 877 4% 2,920 3,206 -9% Gross Profit 93 122 -24% 295 505 -42% Gross Profit margin % 10% 14% -4pp 10% 16% -6pp EBITDA 124 161 -23% 308 548 -44% EBITDA margin % 14
Slide 10: QoQ 2025 Key Financial Results in a Snapshot
QoQ 2025 Key Financial Results in a Snapshot (Million ₺) After IAS 29-Inflation Accounting* Revenues Operational Profit -12% 123% 974 1,035 105 113 911 << 51 1Q25 2Q25 3Q25 1Q25 2Q25 3Q25 EBITDA Net Profit 85% 116% 117 124 23 << 67 11 4 1Q25 2Q25 3Q25 1Q25 2Q25 3Q25 * All periods were adjusted to Se
Slide 11: Financial Performance Summary in 9M25 Before IAS 29 Inflation Accounting
Financial Performance Summary in 9M25 Before IAS 29-Inflation Accounting Million ₺ 9M25 9M24 YoY% YoY % Revenues 2,636 2,096 26% Gross Profit 582 720 -19% Gross Profit margin % 22% 34% -12pp EBITDA 532 682 -22% EBITDA margin % 20% 33% -12.4pp Net Profit 734 760 -4% Net Profit margin % 28% 36% -8pp 1
Slide 12: Impact of IAS 29 Inflation Accounting on 9M25 Net Profit
Impact of IAS 29 Inflation Accounting on 9M25 Net Profit Million ₺ Inflation Accounting Effects on Net Profit 41% 30% 21% 7% 734 (287) (210) (149) (50) 38 Inventory Effect on COGS Monetary Gain / (Loss) 9A25 Net Profit w IAS 29 9A25 Net Profit Deferred Tax Expense Indexing and Other… w/o IAS 29 12
Slide 13: Cash Generation Capability – After IAS 29
Cash Generation Capability – After IAS 29 Million ₺ Generated Cash From Operations Artış Cash In Düşüş Cash Out Toplam Total Summary of Cash Flow (Million ₺) 2024 End Cash 723 2,920 Generated Cash from 404 cash expense Operations in 9M25 COGS + G&A Financial Net Income 78 Revenues Increase in Debt P
Slide 14: CAPEX, Debt and NWC Financial Metrics – After IAS 29
CAPEX, Debt and NWC Financial Metrics – After IAS 29 CAPEX Million ₺ Net Working Capital CAPEX / LTM Revenues % Million ₺ 700 16% 18% 16% 600 10% 14% 500 12% 400 10% 300 664 5% 8% 428 6% 200 4% 100 173 2% 0 0% 9M24 2024 9M25 Net Debt (excl. IPO Fund) Million ₺ 2,176 Net Debt / LTM EBITDA 1,579 2,099
Slide 15: Appendix
Atak Appendix
Slide 16: Income Statement for 1 Jan – 30 Sep 2025
Income Statement for 1 Jan – 30 Sep 2025 After IAS29 Before IAS29 Million ₺ 9M25 9M24 YoY % 9M25 9M24 YoY % Revenue 2,920 3,206 -9% 2,636 2,096 26% Cost of sales (-) (2,625) (2,701) -3% (2,054) (1,376) 49% Gross Profit 295 505 -42% 582 720 -19% General and administrative expenses (-) (146) (133) 9%
Slide 17: Balance Sheet as of 30 September 2025 (Assets)
Balance Sheet as of 30 September 2025 After IAS29 Before IAS29 Million ₺ Million TL 9M25 2024 YoD % 9M25 2024 YoD % ASSETS Current Assets Cash and cash equivalents 233 281 -17% 233 224 4% Financial Investments 464 394 18% 464 314 48% Trade receivables 519 332 56% 519 265 96% Other receivables 0.4 0.
Slide 18: Balance Sheet as of 30 September 2025 (Liabilities)
Balance Sheet as of 30 September 2025 After IAS29 Before IAS29 Million TL 9M25 2024 YoD % 9M25 2024 YoD % LIABILITIESMillion ₺ Short-Term Liabilities Short-term borrowings 3 29 -88% 3 23 -86% Short-term portion of long-term financial borrowings 103 163 -37% 103 130 -21% Payables from short-term rent
Slide 19: Investor Relations Contact
yatirimciiliskileri@atakey.com.tr www.atakey.com.tr