Biotrend Cevre Ve Enerji Yatirimlari As · BIST:BIOEN
Biotrend Cevre Ve Enerji Yatirimlari As — Biotrend Çevre ve Enerji Yatırımları A.Ş. — Investor Presentation (June 2023)
30 slides from Biotrend Cevre Ve Enerji Yatirimlari As's investor presentation, Jun 30, 2023
Slide 1: Investor Presentation
Investor Presentation 30 June 2023
Slide 2: Agenda
02 Agenda As Biotrend, we work for the well-being and welfare of our planet. More than a waste management company, we grow by extending the goodness that our planet deserves into new long-term values. Across our activities, we contribute to the biocircular economy and support the economic developmen
Slide 3: 1. Developments in 2023
1. Developments in 2023
Slide 4: Important Developments in 2023
Developments in 2023 04 Important Developments in 2023 Significant capacity increase of facilities Within the scope of continuous improvement activities and capacity increases of Ezine Biyokütle and Serenti Enerji A.Ş, the total installed power of our Company has reached 118,42 Mwe. Upcycling Facili
Slide 5: 2. Operational Indicators
2. Operational Indicators
Slide 6: 2023/1H - Biotrend at a Glance
Operational Indicators 06 2023/1H- Biotrend at a Glance 19 1.500 k tons 6.9 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 our fa
Slide 7: Biotrend Facilities As of 30.06.2023
Operational Indicators 7 Biotrend Facilities As of 30.06.2023 19* Facilities Giresun Bursa Çanakkale (2 facilities) Sivas (2 facilities) Balıkesir (2 facilities) 11 6 Integrated waste BPP Aksaray management and BPP** İzmir Uşak (3 facilities) Malatya (3 facilities) Aydın (2 facilities) Hatay 1 1 Sol
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) aiming to grow by 18 19 19 Incrase in Revenue *: 40% implementing projects 1.231 Increase in EBITDA*: 5% Increase in Net Profit** : 741% 12 with high added 8 39% v
Slide 9: Electricity Generation
Operational Indicators Net Electricity Generation Licenced Power Installed Capacity Electricity Generation #* SPV Name/ Facility Name Facility Scope (Mwe) 30.06.2023 (Mwe) Gwh 2022 2022 1H 2023 1H Doğu Star/ Orduzu Facility 1 Biomethanization 2,400 2,400 2,37 0,18 2,29 (Licensed) Doğu Star/ Orduzu F
Slide 10: Our Strategy and Growth Goals
Operational Indicators 10 Our Strategy and Growth Goals Biotrend is focused Organic 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 availab
Slide 11: 3. Financial Overview
3. Financial Overview
Slide 12: Revenue
Financial Overview 12 Revenue Installed Capacity Revenue (million TL) Revenue (million TL) increased to %17 732,7 1,441.90 118,4 Mwe. %188 1,230.9 521,7 40% %74 427.7 245.3 2020 2021 2022 2023 Q2 LTM 2022 Q2 2023 Q2 1.442 Increase in revenue 1.231 71,4% 2020-2023 LTM 10% 71,4% 10% 18,6% 732,7 18,6%
Slide 13: Profitability: Gross Profit and EBITDA
Financial Overview 13 Profitability Gross Profit (million TRY) Gross Profit (million TRY) 29% 35% 2023 Q2 LTM Gross Gross Profit Margin % 1%- Gross Profit Margin% 29% 425.9 420,80 Profit Margin: 20% 29% 28% 29% 245% 3%- 123.3 152.7 67.8 81% 147.7 2020 2021 2022 2023 Q1 LTM 2022 Q2 2023 Q2 EBITDA* (m
Slide 14: Operating Profit
Financial Overview 14 Operating Profit (million TRY) Operating Profit 2021 2022 2023 Q2 LTM in 2023 Q2 LTM 28.3 83,4 is TRY 385.6 -32,4 million. 83.3 371.4 385,6 50.9 302,2 343.1 Operating Profit FX gain/loss Operating Profit Kur farkı hariç Operating Profitfaaliyet KurFXfarkı gelir / gideri Faaliye
Slide 15: Net Profit
Financial Overview 15 Net Profit 2023 Q2 Net Profits Before Tax (million TRY) Net Profit* (million TRY) Profit is TRY 180.8 million 197.2 203.9 25% with 25% Net 310.7 Profit Margin 25% 180.8 59.4 20% 4% 48.8 0.01% 23.4 50.5 21.5 6.5 2020 2021 2022 2022 Q2 2023 Q2 2020 2021 2022 2022 Q2 2023 Q2 *Net
Slide 16: Investments
Financial Overview 16 Investments Investments Net Fixed Assets (million TRY) 2.054,8 Investments (million TRY) continue on 1.700,6 the planned program. 898.2 894.3 1,146.1 1,924.2 Net Fixed Assets 431.6 638.2 increased by 21% 413.7 823.7 282.0 on 30.06.2023 221.6 554.5 214.5 130.6 70.6 2020 2021 202
Slide 17: Net Financial Debt
Financial Overview 17 Net Financial Debt Net Financial Indebtedness (TRY million) 31.12.2021 31.12.2022 30.06.2023 Net Financial Debt/ Short-Term Indebtedness 0,1 0,0 105,1 EBITDA(x) is 5.7x in Short-Term Portion of Long-Term Bank Loans 189,1 441,7 683,2 2021, 3.5x in 2022 and Leasing Debts 2,3 3,1
Slide 18: Balance Sheet
Financial Overview 18 Million TRY 31.12.2020 31.12.2021 31.12.2022 30.06.2023 Cash and Cash Equivalents 101.8 170.9 27.6 258,1 Trade Receivables 30.2 104.4 336.4 373,3 Balance Sheet Stocks 4.4 63.7 116.7 167,4 Prepaid expenses 63.9 242.7 547.7 195,9 Other 36.6 101.3 139.4 223,4 The reason for the de
Slide 19: 2023 Guidance
019 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 20: 4. Annexes
4. Annexes
Slide 21: Income Statement
Annexes 21 Income Statement 31.12.2020 31.12.2021 31.12.2022 30.06.2022 30.06.2023 Million TRY Fast growth Revenue 245,3 427,7 1.230,87 521,66 732,67 since its Cost of Sales -177,52 -304,37 -805 -368,96 -585,01 Gross Profit 67,78 123,34 425,88 147,66 establishment… General Administrative Expenses -2
Slide 22: Strong and Reliable Shareholding Structure
Annexes 022 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 23: Sustainability Approach
Annexes 23 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 24: Sustainability Approach
Annexes 24 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 25: Sustainability Management
Annexes 25 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 26: UN GC Climate Ambition Accelerator Program 2022-2023
Annexes 26 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 27: Carbon Credit Projects Overview
Annexes 27 Carbon Credit Projects Overview In 2023/H1 2 million Carbon Credit Projects Carbon Credit Projects • USD in carbon credit Carbon Credit Projects started as of 2021 with the Harmandalı, Balıkesir and Uşak facilities. # SPV Facility Name Certification Program revenue. • Greenhouse gas reduc
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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