Eregli Demir Ve Celik Fabrikalari T.a.s. · BIST:EREGL
Eregli Demir Ve Celik Fabrikalari T.a.s — Q2 2025 Earnings Presentation
16 slides from Eregli Demir Ve Celik Fabrikalari T.a.s's earnings presentation, Aug 7, 2025
Slide 1: Investor Presentation
METALLURGY ERDEMIR > 275 G Months Investor Presentation 06.08.2025
Slide 2: 2025 Market Overview
c ERDEMIR )) 2025 Market Overview
Slide 3: Commodity Prices
3 200 300 400 500 100 200 300 400 USD/TON USD/TON Jul-23 Jul-23 Aug-23 Aug-23 Sep-23 Sep-23 Oct-23 Oct-23 Nov-23 Nov-23 Dec-23 Dec-23 Jan-24 Jan-24 Feb-24 Feb-24 Source: Platts / IODEX Mar-24 Mar-24 Apr-24 Apr-24 May-24 May-24 Jun-24 Jun-24 COMMODITY PRICES Jul-24 Jul-24 Aug-24 Aug-24 Scrap Prices S
Slide 4: Turkish Steel Industry
TURKISH STEEL INDUSTRY PRODUCTION (MN TONS) EXPORTS (MN TONS) 20.4 20.8 8.5 8.0 7.7 6.5 3.4 2.8 11.9 12.8 3.5 4.0 0.2 0.3 6M 2024 6M 2025 6M 2024 6M 2025 CONSUMPTION (MN TONS) IMPORTS (MN TONS) 19.1 18.6 10.0 9.0 9.3 8.2 4.4 4.3 0.8 9.1 9.6 0.7 3.2 4.1 6M 2024 6M 2025 6M 2024 6M 2025 4 Source: TSPA
Slide 5: 2025 6M Results
Gr) 2025 6M Results
Slide 6: Financial and Operational Results
FİNANSAL VE OPERASONEL SONUÇLAR - 2022 9A 217 Million USD 46 Million USD EBITDA Net Profit* 3.6 Million Tons 3.7 Million Tons 2,537 Million USD Total Production Total Sales Revenue 6 (*) Net profit of equity holder of the parent
Slide 7: Operational Indicators
OPERATIONAL INDICATORS LIQUID STEEL PRODUCTION (000 TONS) CRUDE STEEL CAPACITY UTILIZATION RATIO 94% 89% 82% 75% 77% 4,542 3,752 2,228 1,932 1,820 Q2 2024 Q1 2025 Q2 2025 6M 2024 6M 2025 2021 2022 2023 2024 6M 2025 PRODUCTION (000 TONS) SALES VOLUME (000 TONS) 4,033 3,935 3,636 3,671 450 441 366 367
Slide 8: Domestic Sales Breakdown and Export
DOMESTIC SALES BREAKDOWN AND EXPORT FLAT STEEL DOMESTIC SALES (000 TONS) LONG STEEL DOMESTIC SALES (000 TONS) 6M 25 6M 25 Automotive Rebar and Profile Producers 14% 17% (329) (60) 6M 24 6M 24 14% 36% (399) 43% Pipe&Profile and Rolling (154) 20% 42% (1,032) 48% (491) 25% (1,167) High Carbon and (163)
Slide 9: Financial Indicators
FINANCIAL INDICATORS NET SALES REVENUE (USD MN) EBITDA PER TON (USD/TON) 3,172 418 413 612 336 335 329 2,537 1,561 642 1,480 354 141 420 1,057 124 111 117 124 101 2,560 71 64 222 1,895 48 39 51 1,207 8 1,060 835 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023
Slide 10: EBITDA, Net Profit and Change in Cash
EBITDA NET PROFIT (USD MN) (129) 217 15 12 100 (117) (2) 38 46 12 EBITDA (6M 2025) Depreciation Consolidation Operating Inc. /(Exp.) from Finance Monetary Gain/(Loss) Tax Inc./(Exp.) Non-Controlling NET PROFIT Classification Income Investment Inc./(Exp.) Interests (6M 2025) Activities, Equity Share
Slide 11: Analysis of Financial Position
ANALYSIS OF FINANCIAL POSITION FINANCIAL BORROWINGS* (USD MN) NET WORKING CAPITAL (USD MN) 3,406 3,366 1,029 709 2,285 2,401 2,232 2,125 1,764 1,568 1,222 1,921 2,657 750 657 2,377 268 252 723 1,127 (849) (1,270) 499 441 364 2021 2022 2023 2024 6M 2025 Trade Receivables Inventories Trade Payables Ot
Slide 12: Cost of Sales Breakdown
COST OF SALES BREAKDOWN* (%) 6M 2025 RAW MATERIALS BREAKDOWN 10 Other Depreciation and Amortization Exp. 5 Personnel Expenses Iron Ore&Pellet Coal Scrap Other 10 7 Purchased Energy Expenses 37% 33% 9% 21% 68 Raw Materials 2024 9 Other Depreciation and Amortization Exp. Iron Ore&Pellet Coal Scrap Oth
Slide 13: Capital Expenditures
CAPITAL EXPENDITURES* (USD MN) 1,070 977 723 521 434 251 306 2019 2020 2021 2022 2023 2024 6M 2025 13 *Advance payments for capital expenditures are not included.
Slide 14: Sustainability
SUSTAINABILITY Our Greenhouse Gas Reduction Target For a world where the global average temperature increase should be limited to 1.5 °C, we aim to reduce our emissions by 25% in 2030 and 40% in 2040 so to achieve the Net Zero emission target by 2050. SPP - EAF Energy Efficiency - Biomass 25% 2022 (
Slide 15: Investor Relations Contact
investorrelations@erdemir.com.tr www.erdemir.com.tr/investor-relations/ +90 216 578 80 61 15
Slide 16: Disclaimer
DISCLAIMER Ereğli Demir Çelik Fabrikaları T.A.Ş. (Erdemir) may, when necessary, make written or verbal announcements about forward-looking information, expectations, estimates, targets, assessments and opinions. Erdemir has made the necessary arrangements about the amounts and results of such inform
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