Formet Metal Ve Cam Sanayi A.s. · BIST:FORMT
Formet Metal Ve Cam Sanayi A.s — Formet Steel Door Industry and Trade — FY2018 Earnings Presentation
26 slides from Formet Metal Ve Cam Sanayi A.s's earnings presentation, January 2019
Slide 1: Formet Steel Door Industry and Trade Inc. Investor Presentation
Formet Steel Door Industry and Trade Inc. Investor Presentation 2018/4Q Financial Results
Slide 2: 2018 Fourth Quarter Financial Results and Assessments
Formet Steel Door Industry and Trade Inc. Investor Presentation 2018 Fourth Quarter Financial Results and Assessments
Slide 3: Content
Content • Formet Group’s Overview • Main Activities and Products • Financial Performance and Results – Revenue, Net Profit, EBITDA and Percentage Change YoY • Expectations and Targets 2
Slide 4: Formet Group at a Glance
& Know-How and Experience mm | | po | FORMET GROUP AT A GLANCE y 20 YEARS 4 »))) EXPERIENCE o IN THE SECTOR 8 <p Over 20 Years in Steel and Metal Industry High-Tech Knowledge in R&D investments 400 SHOWROOMS 100% DOMESTIC 400 showrooms located at CAPITAL dealers across Turkey 100% domestic input Int
Slide 5: AKIB: Mediterranean Exporter Associations
AKIB: Akdeniz İhracatçı Birlikleri – Mediterranean Exporter Associations 4
Slide 6: Capital and Shareholder Structure
Formet Steel Door Industry and Trade Inc. Capital and Shareholder Structure 34.937.000 57,77 57,77 25.542.940,5 42,23 42,23 60.479.940,5 100 100 Authorized Capital: TRY 70.000.000 Issued Capital: TRY 60.479.940,5 Initial Date of Listing/Trading: 22th May 2018 FORMT Actual Shares Outstanding: TRY 25.
Slide 7: International Fairs attended by Formet Group
International Fairs attended by Formet Group Countries where Formet Group participates in trade fairs worldwide Formet Group participates in 5 international fairs and 2 national fairs with its metal products for every year. China Libya France Morocco Brazil Turkmenistan Poland Mozambique Greece Tanz
Slide 8: Formet Group Factories
Formet Group Factories Quality Production www.flatelli.com www.flatelli.com Formet Flatelli 7
Slide 9: Group Factories and Showrooms
Formet Group Factories and Showrooms 8
Slide 10: Formet Group Main Activities
Formet Group Main Activities Door Group Heaters Group Cooker Group Metal Products • Shoe Cabinets • Steel Doors • Electric Heaters • Full Size Ovens • Metal Mail Boxes • Wooden Doors • Built-in Hobs and Ovens • Natural Gas Heaters • Decorative Metal Office • Interior Doors Cabinets • Radian Heaters
Slide 11: Key Players in Formet Group
Key Players in Formet Group Understandin: eo) Quality production customer needs with 100% and realize 00 expectations Gelik Kap domestic input Robust sales Formet STARCELIK API Engineering performance G rou 9) and R&D power System Providing development to customer measure and satisfaction analyze or
Slide 12: Sector Leader in Exports
Formet Steel Door Industry and Trade Inc. Sector Leader in Exports • Mediterranean Exporter Associations within the scope of the Top 500 Exporters Company Research, (AKİB 500) Formet Group was among the top 500 companies in 2017. Formet steel doors are sold in • Formet Group, in ferrous 400 showroom
Slide 13: 26% of the turnover of Formet Group comes from exports
26% of the turnover of Formet Group comes from exports The six countries that most export The products that most export madeare made are Algeria “S» Bu garia MET Steel Doors unisian . Heater Groups Georgia Flateiti Cooker Groups France Ghana STARCELIKAPI ZZ Royal’ stella Export/ Turnover 12
Slide 14: Value Added to The Investor
Formet Steel Door Industry and Trade Inc. Value Added to The Investor 13
Slide 15: Financial Performance and Results: Revenue
Formet Steel Door Industry and Trade Inc. Financial Performance and Results Revenue by Year Ends - TRY 102.735.131 81.998.093 58.834.633 58.383.025 2015 2016 2017 2018 14
Slide 16: Financial Performance and Results: Net Profit
Formet Steel Door Industry and Trade Inc. Financial Performance and Results Net Profit by the Year Ends - TRY 9.624.752 8.056.567 5.301.798 3.042.293 2015 2016 2017 2018 Despite the financing costs increased by 126% compared to 2017, Formet Steel Door has managed to close 2018 with a net profit of 8
Slide 17: Financial Performance and Results: EBITDA
Formet Steel Door Industry and Trade Inc. Financial Performance and Results EBITDA at year-end - TRY 22.691.351 18.253.683 10.712.300 6.893.260 2015 2016 2017 2018 • EBITDA steadily increasing by years, in 2018, it increased by 24% to 22 Millions TRY compared to 2017.
Slide 18: Financial Performance and Results: Main Operating Profit
Formet Steel Door Industry and Trade Inc. Financial Performance and Results Main Operating Profit (12 Months) - TRY 25.691.351 18.253.683 2017 2018 In 2018, main operating profit increased by 41% compared to 2017 and reached TRY 25 millions. 17
Slide 19: Total Debt / Total Liabilities Ratio
Formet Steel Door Industry and Trade Inc. Financial Performance and Results Total Debt / Total Liabilities Ratio 79 52 2017/12 2018/12 • While the ratio of total liabilities to total debt was 79% in 2017, it decreased to 52% in 2018 with the increase of shareholders' equity after public offering. 18
Slide 20: Growth and Profitability Rates 2017 – 2018
2017 – 2018 Growth and Profitability Rates 102.735.131 81.998.093 25,29 30.743.451 26.622.547 15,48 30 32 -6 22.691.351 18.253.683 24,31 22 22 0 8.056.567 9.624.752 -16,29 8 12 -33,33 19
Slide 21: Assessments for 2018
Assessments for 2018 Although the main activity of our company is steel door manufacturing, our company has expanded its product range by investing in durable consumer goods sector and production of heater, cooker and decorative metal products has been started. In the last period of 2018, R & D acti
Slide 22: Forecasting and Expectations
Forecasting and Expectations In the forthcoming period, the foreign exchange rates are expected to decline and the sales volume and the operating profitability rates are expected to have positive effects. It is foreseen that buyed by low exchange stocks will have a positive effect on sales and will
Slide 23: Future Goals
Future Goals Being one of the ISO 1000 companies at the end of 2019 Expanding the range of activities and expanding the product range To double the share of exports in the next 3 years and to increase the number of export countries To become one of the ISO 500 companies in the next 5 years 22
Slide 24: Legal Warning
• This detailed presentation includes the actual information and analysis of the financial statements and the future and possible statements that also represent the future. LEGAL WARNING • The information and analyzes in the report are true and the expectations regarding the future vision are realis
Slide 25: Formet Steel Door Industry and Trade Inc.
FORMET STEEL DOOR INDUSTRY AND TRADE INC. Organize Sanayi Bölgesi 9. Cad. No:18 - KAYSERİ – TURKEY info@formetcelikkapi.com.tr www.formetcelikkapi.com.tr Telephone: +90 352 321 37 08 Fax: +90 352 321 37 12
Slide 26: Formet Group
Formet Steel Door Industry and Trade — FY2018 Earnings Presentation on 6ix