Tat Gida Sanayi A.s. · BIST:TATGD
Tat Gida Sanayi A.s — Tat Gıda Sanayi A.Ş. — H1 2018 Earnings Presentation
10 slides from Tat Gida Sanayi A.s's earnings presentation, 2018
Slide 1: Tat Gıda Sanayi A.Ş. H1 / 2018 Financial Results
Tat Gıda Sanayi A.Ş. H1 / 2018 Financial Results 1
Slide 2: Net Sales Breakdown by Product Group (TL Mn)
Net Sales Breakdown by Product Group (TL Mn) Total 1074 981 65 911 58 817 52 696 60 635 545 60 544 516 492 441 31 36 394 307 301 367 379 374 315 242 208 179 2013* 2014* 2015 2016 2017 2017-H1 2018-H1 Tomato Paste & Canned Food Dairy Pasta *Harranova tomato and Maret business figures excluded due to
Slide 3: Net Sales Breakdown by Region (%)
Net Sales Breakdown by Region (%) 93 91 91 90 91 7 10 9 9 9 2013* 2014* 2015 2016 2017 Domestic Export *Harranova tomato and Maret business figures excluded due to the discontinued operations. 3
Slide 4: Gross Profit (TL Mn)
Gross Profit (TL Mn) 300 24,0% 23,5% 250 23,5% 23,0% 22,7% 22,6% 239 200 230 22,5% 22,2% 21,9% 205 22,0% 21,7% 150 21,5% 172 158 100 21,1% 119 21,0% 111 20,5% 50 20,0% 0 19,5% 2013* 2014* 2015 2016 2017 2017-H1 2018-H1 Gross Profit GP Margin % *Harranova tomato and Maret business figures excluded du
Slide 5: Operating Profit (TL Mn)
Operating Profit (TL Mn) 70 7,0% 6,4% 6,4% 60 6,0% 5,6% 63 5,1% 50 58 5,0% 4,7% 40 50 3,6% 4,0% 3,4% 42 30 39 3,0% 20 2,0% 19 18 10 1,0% 0 0,0% 2013* 2014* 2015 2016 2017 2017-H1 2018-H1 Operating Profit OP Margin % *Harranova tomato and Maret business figures excluded due to the discontinued operat
Slide 6: EBITDA (TL Mn)
80 EBITDA (TL Mn) 9,0% 7,6% 7,6% 8,0% 70 7,5% 74 68 7,0% 60 6,2% 5,9% 6,0% 50 63 53 4,5% 5,0% 51 4,5% 40 4,0% 30 3,0% 20 24 23 2,0% 10 1,0% 0 0,0% 2013* 2014* 2015 2016 2017 2017-H1 2018-H1 EBITDA EBITDA Margin % *Harranova tomato and Maret business figures excluded due to the discontinued operation
Slide 7: Income Before Tax (TL Mn)
Income Before Tax (TL Mn) 80 8,0% 7,0% 7,1% 70 7,0% 69 60 6,0% 6,0% 64 65 5,1% 50 4,7% 5,0% 4,6% 4,3% 40 4,0% 30 35 3,0% 32 20 26 25 2,0% 10 1,0% 0 0,0% 2013* 2014* 2015 2016 2017 2017-H1 2018-H1 Income Before Tax IBT Margin % *Harranova tomato and Maret business figures excluded due to the disconti
Slide 8: Net Income (TL Mn)
Net Income (TL Mn) 80 8,0% 7,4% 70 6,6% 7,0% 67 65 5,7% 60 6,0% 50 61 4,4% 5,0% 4,0% 4,0% 40 4,0% 30 33 3,0% 20 2,0% 24 21 10 1,0% 0,4% 0 2 0,0% 2013 2014* 2015 2016 2017 2017-H1 2018-H1 Net Income NI Margin *Maret asset sales income excluded. 8
Slide 9: Net Financial Debt / Assets (TL Mn)
900 Net Financial Debt / Assets (TL Mn) 50% 800 45% 43,6% 40% 700 800 786 35% 600 691 30% 500 664 655 25% 400 527 20% 300 14,1% 12,8% 15% 12,3% 200 10,8% 230 10% 4,4% 100 5% 94 97 102 71 31 0 0% 2013* 2014* 2015 2016 2017 2018-H1 Assets Net Financial Debt Margin % *Harranova tomato and Maret busines
Slide 10: Net Financial Debt / EBITDA (TL Mn)
Net Financial Debt / EBITDA (TL Mn) 5,0 80 4,5 70 4,0 4,4 74 60 3,5 64 68 63 50 3,0 53 2,5 40 51 2,0 1,5 1,6 30 1,5 1,8 1,0 20 1,0 0,4 0,5 10 0,0 0 2013* 2014* 2015 2016 2017 2018-H1 230 EBITDA Net Financial Debt / EBITDA (rolling) 250 225 200 Net Financial Debt 175 150 97 102 125 94 71 100 75 31 50