Alarko Holding A.S. · BIST:ALARK
Alarko Holding A.S — Q4 2023 Earnings Presentation
14 slides from Alarko Holding A.S's earnings presentation, March 2024
Slide 1: Q4 2023 Earnings Presentation
Q4 2023 Earnings Presentation
Slide 2: Combined Financial Results: Revenue
Combined Financial Results Combined Revenue (TL mn)* 73.823 70.081 2.210 10.659 4.605 7.264 33.391 33.105 23.460 16.969 644 5.067 1.250 1.579 8.260 26.732 23.200 7.572 9.366 6.186 Q4 2022 Q4 2023 FY 2022 FY 2023 Power Gen. Power Dist&Retail Construction Land Dev. Industrial Holding Tourism Agricultu
Slide 3: Combined Financial Results: EBITDA
Combined Financial Results Combined EBITDA (TL mn)* 25.627 23.501 670 383 6.000 13.051 8.438 6.946 83 16.209 5.575 11.465 2.498 4.249 3.704 -1 Q4 2022 Q4 2023 FY 2022 FY 2023 Power Gen. Power Dist&Retail Construction Land Dev. Industrial Holding Tourism Agriculture Combined EBITDA was realized at TL
Slide 4: Combined Financial Results: Net Profit
Combined Financial Results Combined Net Profit (TL mn)* 35.888 24.944 4.847 2.759 18.454 5.744 9.206 10.342 4.238 2.364 15.376 12.127 2.001 3.796 4.123 3.062 Q4 2022 Q4 2023 FY 2022 FY 2023 Power Gen. Power Dist&Retail Construction Land Dev. Industrial Holding Tourism Agriculture Combined net profit
Slide 5: Balance Sheet Developments
Balance Sheet Developments Debt Position (TL mn)* Cash Position (TL mn)* 37% of the combined debt will be paid within one year, and 5% will have a maturity of two years Combined Net Debt/ 12 Month EBITDA* 2,3 2,2 1,4 0,6 The combined cash position amounted to 15.9 bn TL, while the Holding's net cash
Slide 6: Power Generation Operations in the Quarter
Power Generation Operations in the Quarter Net Power Generation (KWh)* Revenue (TL mn)* 26.732 243.632 23.200 100.052 10.675.324 9.183.156 21.199 9.366 29.666 2.873.810 2.502.246 6.186 Q4 2022 Q4 2023 FY 2022 FY 2023 Cenal Karakuz HES Gonen HES Solar Q4 2022 Q4 2023 FY 2022 FY 2023 Power generated i
Slide 7: Power Distribution & Retail Operations in the Quarter
Power Distribution & Retail Operations in the Quarter EBITDA (TL mn)* 13.051 6.000 5.575 Revenue (TL mn)* 2.498 33.391 33.105 Q4 2022 Q4 2023 FY 2022 FY 2023 EBITDA Margin was realized at 40% in Q4 2023 Net Profit (TL mn)* 18.454 8.260 7.572 Q4 2022 Q4 2023 FY 2022 FY 2023 5.744 3.796 Sales revenue
Slide 8: Construction Operations in the Quarter
Construction Operations in the Quarter EBITDA (TL mn)* 317 124 Q4 2022 Q4 2023 FY 2022 FY 2023 Revenue (TL mn)* -466 10.659 -1.009 7.264 EBITDA for the 4th quarter of 2023 was realized as -1 bn TL 5.067 Net Profit (TL mn)* 308 199 1.579 Q4 2022 Q4 2023 FY 2022 FY 2023 Q4 2022 Q4 2023 FY 2022 FY 2023
Slide 9: Land Development Operations in the Quarter
Land Development Operations in the Quarter EBITDA (TL mn)* 670 383 Revenue (TL mn)* 83 305 Q4 -1 2022 Q4 2023 FY 2022 FY 2023 EBITDA for the 4th quarter of 2023 was realized as 83 mn TL 172 Net Profit (TL mn)* 4.847 4.238 33 21 2.759 2.364 Q4 2022 Q4 2023 FY 2022 FY 2023 Sales revenue for the 4th qu
Slide 10: Industry Operations in the Quarter
Industry Operations in the Quarter EBITDA (TL mn)* 538 387 Revenue (TL mn)* 167 83 4.605 Q4 2022 Q4 2023 FY 2022 FY 2023 EBITDA for the 4th quarter of 2023 has reached 167 mn TL 2.210 Net Profit (TL mn)* 1.250 601 644 375 Q4 2022 Q4 2023 FY 2022 FY 2023 Sales revenue has reached 1,250 mn TL in 4th q
Slide 11: Tourism Operations in the Quarter
Tourism Operations in the Quarter EBITDA (TL mn)* 357 213 Revenue (TL mn)* 1.113 44 23 Q4 2022 Q4 2023 FY 2022 FY 2023 EBITDA for the 4th quarter of 2023 was realized as 44 mn TL 600 Net Profit (TL mn)* 9 145 82 Q4 2022 Q4 2023 FY 2022 FY 2023 -77 Sales revenue for the 4th quarter of 2023 was realiz
Slide 12: Guidance
Guidance Mn TL 2020 2021 2022 2023 2024 B Combined Net profit* 2.163 3.731 24.944 35.888 42.802-44.492 Consolidated Net Profit 802 1.274 11.441 12.590 22.050-24.050 2024 Budget Exc. 2024 Avg. USD 35,95 EURO 38,82 • Combined Figures - Figures consider full ownership in partnerships and JV’s, before e
Slide 13: Combined & Consolidated Financial Results
Combined & Consolidated Financial Results… Combined P&L (TL mn)* 2019 2020 2021 2022 2023 Revenue 11.163 14.417 25.672 73.823 70.081 EBITDA 2.254 3.303 4.643 23.501 25.627 EBITDA Margin %20 %23 %18 %32 %50 Net Profit 970 2.163 3.731 24.944 35.888 • Combined Figures - Figures consider full ownership
Slide 14: Disclaimer
Disclaimer Alarko Holding A.S. (the“Company”) has prepared this presentation (the “Presentation”) in order to provide investors with general information about the Company. The contents of this Presentation is based on public information and on data provided by the Company’s management. Neither the C