Biotrend Cevre Ve Enerji Yatirimlari As · BIST:BIOEN
Biotrend Cevre Ve Enerji Yatirimlari As — Biotrend Çevre ve Enerji Yatırımları A.Ş. — Investor Presentation (September 2023)
30 slides from Biotrend Cevre Ve Enerji Yatirimlari As's investor presentation, Sep 30, 2023
Slide 1: Investor Presentation
Investor Presentation 30 September 2023
Slide 2: Agenda
02 Agenda 1. 2. 3. 4. 5. Developments in 2023 Operational Indicators Strategy and Growth Financial Overview Annex Targets
Slide 3: 1. Developments in 2023
1. Developments in 2023
Slide 4: Important Developments in 2023
Developments in 2023 04 Important Developments in 2023 Carbon Credit Sales & Sustainability Activities In the last quarter of 2022 5 million USD and in the first 9 months of 2023, 2.3 million USD USD (3Q of 2023 is 300 thousand USD) of carbon credit income were obtained. Within the Scope of Greenhou
Slide 5: 2. Operational Indicators
2. Operational Indicators
Slide 6: 2023/Q3 Biotrend at a Glance
Operational Indicators 06 2023/Q3*- Biotrend at a Glance 19 2.300 k tons 6.6 Years Total Facilities ** Waste Disposal Average remaining YEKDEM term 118 MWe 10+ Fields 133 USD/MW & Total Installed Capacity Other existing and planned activities other than energy 138 USD/MW**** production*** 100% of ou
Slide 7: Biotrend Facilities As of 30.09.2023
Operational Indicators 7 Biotrend Facilities As of 30.09.2023 19 Facilities Giresun Bursa Çanakkale (2 facilities) Sivas (2 facilities) Balıkesir (2 facilities) 15 2 Biogas Biomass Aksaray İzmir Uşak (3 facilities) Malatya (3 facilities) Aydın (2 facilities) Hatay 1 1 Solid fuel Greenhouse 21% prepa
Slide 8: Growth-Oriented Business Model
Operational Indicators 8 Growth-Oriented Business Model As Biotrend, we are Number of Plants* Strong Financial Performance (million TRY) Increase in Revenue *: 55% Increase in EBITDA*: 31% aiming to grow by 18 19 19 Increase in Net Profit** : 322% 1.274 implementing projects 1.231 12 with high added
Slide 9: Overview of Carbon Certification Projects
Operational Indicators 9 Overview of Carbon Certification Projects 3 different certification Apart from the reserve, programs covering all our As of the first 9 months of 2023 certified emissions operations total carbon credit income reduction credit each year VCS GCC 2.3 Million USD 2 Million Tons
Slide 10: 3. Strategy and Growth Targets
3.Strategy and Growth Targets
Slide 11: Our Strategy and Growth Goals
Operational Indicators 11 Our Strategy and Growth Goals Biotrend is focused Growth in Turkey Regional Growth Inorganic Growth Vertical Integration on circular economy • Ensuring maximum use of • Seizing opportunities with • Evaluating various acquisition • Cyclical raw material sales available licen
Slide 12: 4. Financial Overview
4. Financial Overview
Slide 13: Revenue
Financial Overview 13 Revenue Installed Capacity Revenue (million TL) 1.682,8 Revenue (million TL) increased to 1.274,5 1.230,9 %37 118.4 Mwe. %55 822,6 %188 427,7 %74 245,3 2020 2021 2022 2023 Q3 LTM 2022 Q3 2023 Q3 1.682,8 1.274,5 1.230,9 81,2% Increase in revenue 81,2% 822,6 367,0 2020-2023Q3 LTM
Slide 14: Profitability
Financial Overview 14 Profitability Gross Profit (million TRY) Gross Profit (million TRY) 29% 2023 Q3 LTM Gross Gross Profit Margin % 35% Gross Profit Margin% 23% 14% 28% Profit Margin: 482,1 24% 289,6 425,9 29% 29% 245% 233,4 28% 81% 123,3 67,8 2020 2021 2022 2023 Q3 LTM 2022 Q3 2023 Q3 EBITDA* (mi
Slide 15: Operating Profit
Financial Overview 15 Operating Profit (million TRY) Operating Profit 2021 2022 2023 Q3 253,0 83,3 371,4 in 2023 Q3 LTM 343,1 169,3 is TRY 419.3 50,9 -32,4 million. 83,7 28,3 Operating Profit FX Gain/Loss Operating Profit Operating Profit FX Gain/Loss Operating Profit Operating Profit FX Gain/Loss O
Slide 16: Net Profit
Financial Overview 16 Net Profit 2023 Q3 Net Profits Before Tax (million TRY) Net Profit* (million TRY) Profit is TRY 28% 222,0 353.77 million 197,2 25% 353,8 310,7 with 28% Net Profit Margin 131,6 10% 59,4 21% 83,9 2% 23,4 50,5 6,5 2020 2021 2022 2022 Q3 2023 Q3 2020 2021 2022 2022 Q3 2023 Q3 *Net
Slide 17: Investments
Financial Overview 17 Investments Investments Net Fixed Assets (million TRY) Investments (million TRY) continue on 2.287,9 the planned 1.700,6 program. 898,2 1.941,5 894,3 1.146,1 684,5 638,2 Net Fixed Assets increased by 35% 436,1 823,7 282,0 on 30.09.2023 221,6 554,5 346,4 214,5 70,6 2020 2021 202
Slide 18: Net Financial Debt
Financial Overview 18 Net Financial Debt Net Financial Indebtedness (TRY million) 31.12.2021 31.12.2022 30.09.2023 Short-Term Indebtedness 0,1 0,0 239,9 Short-Term Portion of Long-Term Bank Loans 189,1 441,7 567,6 Net Financial Leasing Debts 2,3 3,1 16,3 Short-Term Financial Indebtedness 191,5 444,9
Slide 19: Balance Sheet
Financial Overview 19 Million TRY 31.12.2020 31.12.2021 31.12.2022 30.09.2023 Cash and Cash Equivalents 101.8 170.9 27,6 207,6 The reason for the decrease in Trade Receivables 30.2 104.4 336.4 422 Balance Sheet Stocks 4,4 63.7 116.7 215,4 equity on 30.09.2023 was due to Prepaid expenses 63.9 242.7 5
Slide 20: Income Statement
Annexes 20 Income Statement 01.01.- 31.12.2020 01.0.1- 31.12.2021 01.01- 31.12.2022 01.01- 30.09.2022 01.01- 30.09.2023 Million TRY Revenue 245,3 427,7 1.230,87 822,5 1.274,51 Fast growth Cost of Sales -177,52 -304,37 -805 -589,1 -984,88 since its Gross Profit 67,78 123,34 425,88 233,4 289,63 Genera
Slide 21: 2023 Guidance
020 Financial Overview 2023 Guidance 1.9 – 2.2 billion TRY ~120 Mwe +1.7 Mwe PV ~115 Mwe +0.5 Mwe PV Total Consolidated Revenues Installed Capacity (MWe) Average Installed Capacity (MWe) ~750-800 thousand MWh ~650-700 thousand MWh ~%75 – 80 Gross Electricity Generation (MWh) Net Electricity Generati
Slide 22: 5. Annexes
5. Annexes
Slide 23: Strong and Reliable Shareholding Structure
Annexes 023 Shareholding Structure Strong and Biotrend Shareholding Structure About Doğanlar Holding A.Ş. Reliable Apart from its activities in the field of energy, 5.91% DYH also has investments in furniture, Shareholding European Bank For Reconstruction & Development (EBRD) construction and retail
Slide 24: Sustainability Approach
Annexes 24 Sustainability Approach Sustainability Strategy In coordination with the Company strategy, Biotrend has built on alignment with Accelerating Circular Economy Reducing Greenhouse Gas Emissions the 2030 and 2050 goals compatible with the green, circular, and digital transformation requireme
Slide 25: Sustainability Approach
Annexes 25 Sustainability Approach Facilitating the Transition to a Low Protecting Biodiversity Respect for Human Carbon Economy with Innovation Approach: In 2023, Biotrend will implement biodiversity Approach: Biotrend is committed to doing business with the Approach: Biotrend aims to become the lo
Slide 26: Sustainability Management
Annexes 26 Sustainability Management CFA Climate Finance Accelerator Establisment of Sustainability Office, Program– UN GC Climate Ambition Establishment of the Sustainability Program Committee, Efforts to Participate in Borsa İstanbul Sustainability Index We became a signatory of UN Women. Carbon C
Slide 27: UN GC Climate Ambition Accelerator Program 2022-2023
Annexes 27 Sustainability – UN GC - Climate Ambition Accelerator Program: 2022-2023 – Climate Finance Accelerator Program 2022 Working towards European Union’s 2050 carbon neutral target Turkey’s 2053 net zero target Under CFA (Climate Finance Accelerator) Program, among apprx.100 projects Biotrend
Slide 28: Awards
Annexes 28 Awards Bronze Award in the Sustainable Energy category at Turkey’s Happiest Workplace” Award in the Renewable “Renewable Energy Brand of the Year” award at the Energy and Natural Resources Summit Our Energy is Our the EBRD Sustainability Awards 2022 Energy industry Turkey Innovation and S
Slide 29: Disclaimer
Annexes 29 Disclamier The information contained in this presentation is generally state that the data contained in such sources this presentation should be handled with discretion. manager or employee can be held responsible for the provided by Biotrend Çevre ve Enerji Yatırımları A.Ş is obtained fr
Slide 30: Thank you
yatirimci.iliskileri@biotrendenerji.com.tr Biotrend Investor Relations +90 216 693 03 80 Gözde Çivici www.biotrendenerji.com.tr Investor Relations Director & Secretary General Aysun Vardan Investor Relations Manager Thank you
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