Iskenderun Demir Ve Celik As · BIST:ISDMR
Iskenderun Demir Ve Celik As — H1 2019 Earnings Presentation
15 slides from Iskenderun Demir Ve Celik As's earnings presentation, Aug 8, 2019
Slide 1: ISDEMIR
ISDEMIR MINING METALLURGY Gi @ak ))
Slide 2: 2019 6 Months Investor Presentation
2019 6 Months Investor Presentation 08.08.2019
Slide 3: Disclaimer
Disclaimer İskenderun Demir ve Çelik A.Ş. (İsdemir) may, when necessary, make written or verbal announcements about forward-looking information, expectations, estimates, targets, assessments and opinions. İsdemir has made the necessary arrangements about the amounts and results of such information t
Slide 4: Operational and Financial Highlights
Operational and Financial Highlights Operational Highlights 2017 2018 6M 2018 6M 2019 Growth (YoY) Liquid Steel Production (000 tons) 5,720 5,840 2,892 2,863 -1.0% Flat Steel Production (000 tons) 4,259 4,529 2,279 2,275 -0.2% Long Steel Production (000 tons) 1,328 980 452 522 15.5% Flat Steel Shipm
Slide 5: Liquid Steel Production (000 tons)
Liquid Steel Production (000 tons) Liquid steel production increased by 1.9% QoQ in Q2 2019. +1.9% 5,665 5,720 5,840 2,892 2,863 1,446 1,418 1,445 2016 2017 2018 6M 2018 6M 2019 Q2 2018 Q1 2019 Q2 2019 5
Slide 6: Crude Steel Capacity Utilization Ratio
Crude Steel Capacity Utilization Ratio 100% 99% 100% 99% 98% 92% 87% 78% 76% 72% 70% 69% 2013 2014 2015 2016 2017 2018 6M 2019 İsdemir World* 6 *As of August 2018, Worldsteel no longer publishes global capacity utilization ratio for anti-trust reasons. Source: Worldsteel
Slide 7: Production (000 tons)
Production (000 tons) Production increased by 6.4% QoQ in Q2 2019. 5,452 5,587 5,509 1,328 980 1,572 +2.4% 2,731 2,797 +6.4% 452 522 1,388 1,355 1,442 201 207 4,259 4,529 315 3,880 2,279 2,275 1,235 1,187 1,040 2016 2017 2018 6M 2018 6M 2019 Q2 2018 Q1 2019 Q2 2019 Long Flat 7 Slab production was in
Slide 8: Sales Volume (000 tons)
Sales Volume (000 tons) Total sales increased by 7.9% YoY in 6M 2019. 5,524 5,614 5,332 1,587 1,365 920 +7.9% 2,820 2,614 +4.9% 422 540 1,342 1,412 1,408 173 336 204 4,249 4,412 3,937 2,192 2,280 1,169 1,076 1,204 2016 2017 2018 6M 2018 6M 2019 Q2 2018 Q1 2019 Q2 2019 Long Flat 8 Intra-group slab sa
Slide 9: Net Sales Revenue (USD mn)
Net Sales Revenue (USD mn) Export revenue increased by 38.7% YoY in 6M 2019. 3,291 2,917 693 443 2,147 1,654 1,525 312 274 380 873 156 758 767 2,474 2,598 210 170 1,835 1,380 1,145 717 548 597 2016 2017 2018 6M 2018 6M 2019 Q2 2018 Q1 2019 Q2 2019 Export Domestic 9 Intra-group slab sales revenues we
Slide 10: EBITDA & Net Profit
EBITDA & Net Profit EBITDA (USD mn) EBITDA Margin (%) 30.6% 34.1% 25.0% 36.2% 23.1% 36.3% 22.3% 23.8% 1,122 891 599 536 317 352 183 169 2016 2017 2018 6M 2018 6M 2019 Q2 2018 Q1 2019 Q2 2019 Net Profit (USD mn) Net Profit Margin (%) 22.4% 25.9% 14.5% 28.4% 30.2% 21.4% 17.2% 12.9% +67,3% 851 654 470
Slide 11: EBITDA per Ton (USD/ton)
EBITDA per Ton (USD/ton) 208 156 124 98 83 2015 2016 2017 2018 6M 2019 Main Product 11
Slide 12: Cost of Sales Breakdown (%)
Cost of Sales Breakdown* (%) 7 6 6 7 7 5 3 5 3 5 6 7 5 4 3 9 Raw Materials Personnel Expenses Purchased Energy Expenses 79 81 81 Depreciation and Amortization Exp. 71 Other 2016 2017 2018 6M 2019 Raw Materials Breakdown (%) 20 14 16 15 16 16 13 Iron Ore&Pellet 17 34 35 Coal 27 35 Scrap Other 36 36 3
Slide 13: Number of Employees
Number of Employees 5,613 5,262 5,028 4,863 4,724 4,650 2014 2015 2016 2017 2018 June 2019 13
Slide 14: Appendix – EBITDA Detail
Appendix – EBITDA Detail 01.01.2019- 01.01.2019- Note 30.06.2019 30.06.2019 (Thousand USD) (Thousand TRY) Presentation Currency Translation 2.1 5.6118 Operating Profit 294,808 1,654,403 Depreciation and Amortisation Expenses 57,287 321,487 Cost of Sales 14 54,601 306,411 Marketing Expenses 15 1,667
Slide 15: İsdemir Investor Relations
İsdemir Investor Relations investorrelations@erdemir.com.tr www.isdemir.com.tr/yatirimcilar/ +90 216 578 80 61 15
İskenderun Demir ve Çelik A.Ş. (İsdemir) — H1 2019 Earnings Presentation on 6ix