Cimsa Cimento Sanayi Ve Ticaret A.s. · BIST:CIMSA
Cimsa Cimento Sanayi Ve Ticaret A.s — Q2 2021 Earnings Presentation
39 slides from Cimsa Cimento Sanayi Ve Ticaret A.s's earnings presentation, 2021
Slide 1: Investor Presentation 2021
INVESTOR PRESENTATION 2021
Slide 2: Disclaimer
MeO Disclaimer The information and opinions contained in this document have been compiled by Cimsa Cimento Sanayi ve Ticaret AS. (“CIMSA’) from sources believed to be reliable and in good faith, but no representation or warranty, expressed or implied, is made as to their accuracy, completeness or co
Slide 3: Çimsa Cement – History and Development
Çimsa Cement – History and Development ▪ ▪
Slide 4: Cimsa at a Glance
cim@® Cimsa at a Glance Sustainability wwweimsacom.tr &
Slide 5: Market Outlook
Market Outlook
Slide 6: Turkish Cement Market
Turkish Cement Market GDP Growth Rate 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 H1 - 2021
Slide 7: Turkish Cement Market
Turkish Cement Market 97 Mt 90 Mt
Slide 8: Turkish Cement Market
cim Turkish Cement Market Sabanci Cement Group is the leader of Turkish cement market with 16% market share based on clinker capacity 19% 14% 11% www.cimsa.com.tr 8
Slide 9: Global White Cement Market
Global White Cement Market ▪ : CW Global White Cement Report, OneStone Research White Cement Outlook
Slide 10: Global White Cement Market
Global White Cement Market ▪ ▪ ▪ : CW Global White Cement Report, OneStone Research White Cement Outlook
Slide 11: Overview of Çimsa
Overview of Gimsa wwweimsacomtr g
Slide 12: Strategy Roadmap
Strategy Roadmap • • • • • • • • • •
Slide 13: The Future for Çimsa’s Business
The Future for Çimsa’s Business
Slide 14: Çimsa Grey – Solid Network
Çimsa Grey – Solid Network 6.2 Mt 1.6 Mt
Slide 15: Çimsa Grey – Operational Excellence
Çimsa Grey – Operational Excellence
Slide 16: Çimsa Grey – Strong Export Capabilities
Çimsa Grey – Strong Export Capabilities
Slide 17: Çimsa White – Main Application Areas
Çimsa White – Main Application Areas
Slide 18: Çimsa White – Market Positioning
Çimsa White – Market Positioning ▪ ▪
Slide 19: Çimsa White – Market Positioning
Çimsa White – Market Positioning ▪ ▪ ▪
Slide 20: Çimsa White - Overview of the Bunol Transaction
Çimsa White - Overview of the Bunol Transaction Cantabria Asturias País Galicia Vasco Foral de Navarra • La Castilla y Rioja León • Aragón Cataluña Madrid • Extremadura Castilla-La Valenciana Mancha Buñol • Murcia Andalucía •
Slide 21: Cimsa Sabanci Cement BV - Organizational Structure
Cimsa Sabanci Cement BV - Organizational Structure % %
Slide 22: Special Products – Çimsa Aluminates Family
Special Products – Çimsa Aluminates Family ▪ ▪ ▪ ▪
Slide 23: Special Products – Calcium Alimunate Cement
Special Products – Calcium Alimunate Cement
Slide 24: Sustainability
cim@® Sustainability - * Cimsa is the first company in Turkey having Integrated Report. we SHAPE THEEe eae Ss as | cA This year 6th Integrated Report is published 7 . Ei 4 = * Cimsa announced its ESG (Environment - Social-Governance) targets and contribution to SDG (Sustainable Development Goals). O
Slide 25: Our Six Priority SDGs
cimM@® ny, ow Our Six Priority SDGs ¢ ail & 5 8 9 Sustainability Committee; Gender Decent work and Industries, equality economic growth innovatioion and . . a . . . . infrastructure The aim of the Sustainability Committee is to achieve its corporate goals by managing sustainability on the axis of Ac
Slide 26: Çimsa’s Goals & Contribution to the Sustainable Development Goals
Çimsa’s Goals & Contribution to the Sustainable Development Goals
Slide 27: • • • ➢ • ✓ ✓ • • ✓ • • ✓ •
• • • ➢ • ✓ ✓ • • ✓ • • ✓ • • • • • • • • • • • • • • • •
Slide 28: Operational Results
Operational Results
Slide 29: Operational Results
Operational Results* *Çimsa Turkey Sales
Slide 30: Operational Result – Grey Clinker Cost Structure
Operational Result – Grey Clinker Cost Structure
Slide 31: Financial Results
Financial Results wwwelmsacomtr 28
Slide 32: Financial Result
Financial Result Change DEC 2020 Key Financial Highlights (MTL) Q2-20 Q2-21 JUN-20 JUN-21 Change % % YTD
Slide 33: Financial Result
Financial Result H1 Cash: 566 MTL YE Cash: 904 MTL Net Debt/EBITDA
Slide 34: Financial Result
cim Financial Result Net working capital*/ Net Sales was at 14% for 2021 Jun “13 month average Y Optimization of production to managing inventory levels. Y Strong overdue receivable management v¥ Payment term negotiations with suppliers Working Capital 21% 28% 27% 15% 2017 2018 2019 2020 14% 2021 Ne
Slide 35: Key Investment Messages
Key Investment Messages ✓ ✓ ✓ ✓ ✓
Slide 36: Appendix Financial Statements
Appendix – Financial Statements
Slide 37: Balance Sheet
Balance Sheet Borrowing including IFRS16*
Slide 38: Income Statement
cim@® Income Statement Income Statement (MTL| Sales Cost of sales (-) GROSS PROFIT General and administrative expense (+) Marketing, selling and distribution expense (-) Research and development expense (-) Other operating income Other operating expenses (-) OPERATING PROFIT Income from investment a
Slide 39: Cash Flow
aes Cash Flow MTL |A. CASH FLOWS FROM OPERATING ACTIVITIES Profit before taxation ‘Adjustments to reconcile net profiioss for the period ‘Changes in working capital Cash flows from operations Interest received Payments related to employee benefits, seniority and vacation Tax payments B. CASH FLOWS F
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