Eregli Demir Ve Celik Fabrikalari T.a.s. · BIST:EREGL
Eregli Demir Ve Celik Fabrikalari T.a.s — Q3 2025 Earnings Presentation
16 slides from Eregli Demir Ve Celik Fabrikalari T.a.s's earnings presentation, Oct 21, 2025
Slide 1: 2025 9 Months Investor Presentation
METALLURGY ERDEMIR > 2()25 9 Months Investor Presentation 20.10.2025
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 Oct-23 Oct-23 Nov-23 Nov-23 Dec-23 Dec-23 Jan-24 Jan-24 Feb-24 Feb-24 Mar-24 Mar-24 Apr-24 Apr-24 May-24 May-24 Source: Platts / IODEX Jun-24 Jun-24 Jul-24 Jul-24 Aug-24 Aug-24 Sep-24 Sep-24 COMMODITY PRICES Oct-24 Oct-24 Nov-24 Nov-24 Scrap Prices D
Slide 4: Turkish Steel Industry
TURKISH STEEL INDUSTRY PRODUCTION (MN TONS) EXPORTS (MN TONS) 27.2 28.3 11.1 10.9 10.0 8.9 4.4 4.0 16.1 17.4 4.7 5.2 0.2 0.4 8M 2024 8M 2025 8M 2024 8M 2025 CONSUMPTION (MN TONS) IMPORTS (MN TONS) 25.0 25.8 12.6 12.6 12.6 10.7 6.0 5.5 1.0 12.4 13.2 0.9 4.3 5.6 8M 2024 8M 2025 8M 2024 8M 2025 4 Sourc
Slide 5: 2025 9M Results
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Slide 6: Financial and Operational Results
FİNANSAL VE OPERASONEL SONUÇLAR - 2022 9A 341 Million USD 62 Million USD EBITDA Net Profit* 5.6 Million Tons 5.6 Million Tons 3,841 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% 81% 75% 6,740 5,954 2,199 2,202 1,820 Q3 2024 Q2 2025 Q3 2025 9M 2024 9M 2025 2021 2022 2023 2024 9M 2025 PRODUCTION (000 TONS) SALES VOLUME (000 TONS) 5,929 5,859 5,566 5,602 727 707 627 619
Slide 8: Domestic Sales Breakdown and Export
DOMESTIC SALES BREAKDOWN AND EXPORT FLAT STEEL DOMESTIC SALES (000 TONS) LONG STEEL DOMESTIC SALES (000 TONS) 9M 25 9M 25 Automotive Rebar and Profile Producers 13% 29% (508) (173) 9M 24 9M 24 14% 37% (572) 42% Pipe&Profile and Rolling (259) 40% (1,556) 22% (1,591) (806) 25% General Manufacturing (9
Slide 9: Financial Indicators
FINANCIAL INDICATORS NET SALES REVENUE (USD MN) EBITDA PER TON (USD/TON) 4,624 413 418 3,841 335 329 957 920 1,452 1,304 345 141 1,057 279 124 111 117 124 101 222 3,667 71 64 68 2,921 48 39 51 1,107 8 835 1,025 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q
Slide 10: EBITDA, Net Profit and Change in Cash
EBITDA NET PROFIT (USD MN) (200) 341 17 13 154 (177) (3) 53 62 18 EBITDA (9M 2025) Depreciation Consolidation Operating Inc. /(Exp.) from Finance Monetary Gain/(Loss) Tax Inc./(Exp.) Non-Controlling NET PROFIT Classification Income Investment Inc./(Exp.) Interests (9M 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 3,499 831 1,029 2,285 2,232 2,112 2,401 1,566 1,568 1,222 750 640 1,921 2,668 268 254 2,377 723 1,127 (849) (1,440) 499 441 364 2021 2022 2023 2024 9M 2025 Trade Receivables Inventories Trade Payables Ot
Slide 12: Cost of Sales Breakdown
COST OF SALES BREAKDOWN* (%) 9M 2025 RAW MATERIALS BREAKDOWN 11 Other Depreciation and Amortization Exp. 5 Personnel Expenses Iron Ore&Pellet Coal Scrap Other 10 8 Purchased Energy Expenses 38% 33% 9% 20% 66 Raw Materials 2024 9 Other Depreciation and Amortization Exp. Iron Ore&Pellet Coal Scrap Oth
Slide 13: Capital Expenditures
CAPITAL EXPENDITURES* (USD MN) 1,070 977 723 631 434 251 306 2019 2020 2021 2022 2023 2024 9M 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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