Cuhadaroglu Metal Sanayi Ve Pazarlama As · BIST:CUSAN
Cuhadaroglu Metal Sanayi Ve Pazarlama As — Investor Presentation (2020)
43 slides from Cuhadaroglu Metal Sanayi Ve Pazarlama As's investor presentation, 2020
Slide 1: Investor Presentation 2020 3Q
INVESTOR PRESENTATION 2020 3Q
Slide 2: Notice
NOTICE This presentation was prepared to inform the investors about Çuhadaroğlu Metal Sanayi ve Pazarlama A.Ş. (“Çuhadaroğlu Metal” or “Company”) and Çuhadaroğlu Alüminyum Sanayi ve Ticaret A.Ş. (“Çuhadaroğlu Alüminyum” or “Subsidiary”) activities. The information presented here may differ. Company
Slide 3: Agenda
AGENDA ÇUHADAROĞLU AT A GLANCE…………….3 SECTOR INFORMATION……………………….7 COMPANY INFORMATION…………………14 ACTIVITIES………………………………………..29 FINANCIALS………………………………………36 MISSION & VISION & VALUES…….…....40 2
Slide 4: Çuhadaroğlu at a Glance
ÇUHADAROĞLU AT A GLANCE 3
Slide 5: Milestones
MILESTONES Çuhadaroğlu Group’s business operations began back in Ahmet Çuhadaroğlu’s architecture office at the Taksim Tunnel in 1954 . Founder Ahmet Çuhadaroğlu did iron joinery business in the early years. In the upcoming years, aluminium joinery business took over of iron joinery. Business mainly
Slide 6: Group Companies
GROUP COMPANIES Çuhadaroğlu Family: 74,04% Other (Traded at BIST): 25,96% Çuhadaroğlu Metal: 66,54% Çuhadaroğlu Family: 33,46% Çuhadaroğlu Family: 100% 5
Slide 7: Group Companies
GROUP COMPANIES Producing; aluminium Contract works and Participating all kind of facade, door-window, projects of building public or private architectural practise system elements made from construction tenders and profiles, all kind of raw an aluminium, steel and other at home and abroad and surfa
Slide 8: Sector Information
SECTOR. INFORMATION . , \ — 2 \
Slide 9: Why Aluminium?
WHY ALUMINIUM? Metal commonly used Rapidly increasing usage after steel Easy and Cheap Light and Durable Easily Processable High Conductivity Corrosion Resistant Recycling 75% of produced High conductivity Low density, aluminium Easy and wide for not only Having oxite layer high strenght by this tim
Slide 10: Global Aluminium Flow
GLOBAL ALUMINIUM FLOW Bauxite Reserve Metal that is abundant and prevail in the World ~ 30 Billion Guinea, Australia, Brasil, Vietnam, Tons Jamaica, Indonesia and China have 80% of bauxite reserve in the Word Enough reserve at least for 100 years 2020 World Aluminium Production (Estimated) Bauxite A
Slide 11: Usage Areas of Aluminium
USAGE AREAS OF ALUMINIUM Aluminum Consumption Forecast by Sector (Thousand Tons) (2014-2025T) Change Change Sector 2014 2015 2020T 2025T 2015-2020T 2015-2025T Building Sector Transportation 18.992 20.129 25.793 5,1% 32.508 4,7% Building 15.463 16.445 21.011 5,0% 27.569 5,6% Packaging 10.075 10.620 1
Slide 12: Aluminium Sector in Turkey
ALUMINIUM SECTOR IN TURKEY Turkey’s 87 MT bauxite reserve is only 0,4% of global bauxite reserve. Total primary aluminium amount that can be produced with this reserve is 25 MT. So domestic reserve is not enough for domestic demand. Turkish aluminium sector has an important position with over 1.500
Slide 13: Aluminium Building Materials Sector in Turkey
ALUMINIUM BUILDING MATERIALS SECTOR IN TURKEY Aluminium is commonly used at building sector in Turkey. Profile, pipe and bars used at the building sector constitute the extrusion group. The profiles produced by extrusion method are not only used in many of architectural practices like internal or ex
Slide 14: Global Aluminium Building Materials Trade
GLOBAL ALUMINIUM BUILDING MATERIALS TRADE China is the leader at global aluminum building materials export in the world. Group Based Aluminum Export by Turkey (USD Million) Germany and USA follow the China respectively. Turkey is ranked as the 9th Group 2019/09 2020/09 Change Aluminum Bars, Rods & P
Slide 15: Company Information
COMPANY INFORMATION 14
Slide 16: Company Profile
COMPANY PROFILE Date / Place of Registration 1978 / Istanbul Trade Registry Number 157656 Central Trade Registry (MERSİS) Number 0264001872900010 Registered / Paid Capital 71.250.000 TL Stock Exchange / Shares’ Code Borsa İstanbul (BIST) / CUSAN Head Office and Plant Adress Yakuplu Mah. Hürriyet Bul
Slide 17: Shareholding Structure
SHAREHOLDING STRUCTURE 18,500,000 23,082,917 25.96% Murat Ruhi Çuhadaroğlu 32.40% Halil Nejat Çuhadaroğlu Sevim Çuhadaroğlu 9.24% 6,584,166 Other (Traded at BIST) 32.40% 23,082,917 16
Slide 18: Share Price Performance
SHARE PRICE PERFORMANCE 7 1,500.00 1,400.00 6 1,300.00 1,200.00 5 1,100.00 4 1,000.00 900.00 3 800.00 700.00 2 600.00 1 500.00 01.01.2020 > > > > > 30.09.2020 CUSAN BIST 100 17
Slide 19: Our Head Office and Plant
OUR HEAD OFFICE AND PLANT Çuhadaroğlu Metal production lines have integrated structure that begins with casting and finishes final product and comprise of foundry, mold production line, extrusion lines, surface treating lines, mechanical processing and assembly lines and R&D centre. Çuhadaroğlu Meta
Slide 20: Production
PRODUCTION FOUNDRY MOLD PRODUCTION LINE EXTRUSION LINES SURFACE TREATMENT LINES MECHANICAL PROCESSING & ASSEMBLY R&D 19
Slide 21: Our Products
OUR PRODUCTS Esthetic Quality Innovator ARCHITECTURAL PROFILE SYSTEMS FACADE FACADE CLADDING JOINERY SKYLIGHT SUN BREAKER 20
Slide 22: Our Certificates
OUR CERTIFICATES ISO 9001 TS EN 755-1 EN 1090-1 ISO 14001 TS EN 1935 EN 1935 ISO 27001 TS EN 12020-1 EN 15088 ISO 45001 TS EN 16005 EN 16005 TS 4922 21
Slide 23: Subsidiary Information – Company Profile
SUBSIDIARY INFORMATION – COMPANY PROFILE Date / Place of Registration 1978 / Istanbul Trade Registry Number 157654 Central Trade Registry (MERSİS) Number 0264001850100018 Registered / Paid Capital 10.000.000 TL Head Office and Plant Adress Head Office: Yakuplu Mah. Hürriyet Blv.No:6-8 34524 Beylikdü
Slide 24: Subsidiary Information – Company Profile
SUBSIDIARY INFORMATION – COMPANY PROFILE Çuhadaroğlu Alüminyum San. ve Tic. A.Ş. is subsidiary of Çuhadaroğlu Çuhadaroğlu Alüminyum is one of the rare companies which can offer Metal San. ve Paz. A.Ş. and subject to the consolidation. Çuhadaroğlu integrative service begins with design and continues
Slide 25: Subsidiary Information – Some Completed Projects
SUBSIDIARY INFORMATION – SOME COMPLETED PROJECTS İş Bankası Head Office – Tour D2 – Paris, Sabancı Center – Istanbul, 1991 Campus De Jussieu – Paris, 2004 Istanbul, 1998 2013 Levent 199 (Zorlu) Torun Center – City Road – London, 2014 Adnan Menderes Airport – Izmir, 2014 – Istanbul, 2013 Istanbul, 20
Slide 26: Subsidiary Information – Some Completed Projects
SUBSIDIARY INFORMATION – SOME COMPLETED PROJECTS Inistanbul 1.-2. Phase, Istanbul, 2018 Queen Central Park, Istanbul, 2019 Rönesans Piazza Maltepe, Istanbul, 2018 Bimerazi, Iran, 2018 25
Slide 27: Subsidiary Information – Some Completed Projects (2020)
SUBSIDIARY INFORMATION – SOME COMPLETED PROJECTS (2020) Inistanbul 3.-4. Phase, Istanbul TEM Turkuaz Media Center, Istanbul 26
Slide 28: Subsidiary Information – Ongoing Projects
SUBSIDIARY INFORMATION – ONGOING PROJECTS Kocaeli Integrated Health Campus, Kocaeli Backlog value of ongoing projects are 218 Million TL in total as of 30.09.2020 Crescent Development Hotel, Azerbaijan Ercan Airport, Nortern Cyprus 27
Slide 29: Subsidiary Information – New Projects (2020)
SUBSIDIARY INFORMATION – NEW PROJECTS (2020) Finanskent BDDK Finanskent Ziraat Bank Podium Facades* *The negotiations on the Finanskent Ziraat Bank Podium Facades started on 17.09.2020 and the contract was signed on 30.10.2020. 28
Slide 30: Activities
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Slide 31: Production
PRODUCTION Çuhadaroğlu Metal reached 32.000 Tons billet, 20.000 Tons Extrusion production capacity with the investments made recent years. Billet Production (KT) Profile Production (KT) 9,22 7,81 6,48 6,30 2019/09 2020/09 2019/09 2020/09 Billet production has been 6,48 K Tons with the 29,8% Aluminiu
Slide 32: Research & Development
RESEARCH & DEVELOPMENT Çuhadaroğlu Group gives cares about innovation and creativity, placed R&D operations into the centre of its strategy. The following studies were carried out as of 30.09.2020 in the R&D activities, which are mainly in the construction sector, on exterior cladding and aluminum j
Slide 33: Research & Development
RESEARCH & DEVELOPMENT MN60 system, testings have been successfully completed under 900 Pa watertightness by Accredited Laboratory. The technical catalog has been prepared and published. MN50 ICV system, testings have been successfully completed under 900 Pa watertightness by Accredited Laboratory.
Slide 34: Sales
SALES Çuhadaroğlu Metal, sells the architectural profile, building complementary products, industrial profiles and miscellaneous accessories related them, is trustworthy solving center with sales but also with engineering services presented to the customers. Distribution of sales income: Net Sales (
Slide 35: Sales
SALES Group’s export volume accrued amounting 130,8 Million TL as of 30.09.2020. Group, exports to approximately 30 countries, succeeded to increase it’s export 44% compared to the prior year’s same period. Net Sales 2019/09 Distribution (%) Net Sales 2020/09 Distribution (%) Export; 36,2 % Domestic
Slide 36: Profitability
PROFITABILITY Group aims at icreasing the profitability parallel to the sales which have been icreasing by years and make it sustainable. EBITDA Margin 4.7% 14.6% 3.7% 8.3% 2018/09 2019/09 2020/09 Net Profit Margin 0,6% 2018/09 2019/09 2020/09 -5.9% In the nine-month period of 2020, the Group's cons
Slide 37: Financials
FINANCIALS 36
Slide 38: Financials (B/S – P&L)
FINANCIALS (B/S – P&L) Çuhadaroğlu Group getting ahead with sustainable growth objective, continues carrying it’s recent financial success to the future with corporate, transparent, accountable manner of rule. CONDENSED BALANCE SHEET (TL) 30.09.2020 31.12.2019 % Change Current Assets 269.031.018 212
Slide 39: Financials (Ratios)
FINANCIALS (RATIOS) PRODUCTIVITY 30.09.2020 30.09.2019 Asset Turnover = Revenue/Total Assets 0,67 0,83 PROFITABILITY 30.09.2020 30.09.2019 Gross Profit Margin = Gross Profit (Loss) / Revenue 0,22 0,16 EBITDA Margin = EBITDA / Revenue 0,15 0,08 Net Profit Margin = Profit For The Period / Revenue 0,05
Slide 40: Financials (Explanation)
FINANCIALS (EXPLANATION) The cost improvements made by the company in the current period have contributed positively to the gross profitability. The company aimed to increase its exports in order to eliminate the negativities experienced in the Turkish construction sector and the risks caused by the
Slide 41: Mission & Vision & Values
MISSION & VISION & VALUES 40
Slide 42: Mission & Vision & Values
MISSION & VISION & VALUES Our Mission Being pioneer of aluminium sector by keeping pace with change and technology Our Vision Making continual investments in R&D by appreciating innovations and creativity Respecting to the moral values by being aware of our responsibility towards society, government
Slide 43: Çuhadaroğlu Investor Relations
ÇUHADAROĞLU INVESTOR RELATIONS Cihan Kurt IR Executive cihan_kurt@cuhadaroglu.com Firuze Çakıroğlu IR Officer firuze_cakiroglu@cuhadaroglu.com +90 212 224 2020 www.cuhadaroglu.com yatirimci@cuhadaroglu.com 42
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