Tab Gida Sanayi Ve Ticaret A.s. · BIST:TABGD
Tab Gida Sanayi Ve Ticaret A.s — Q4 2024 Earnings Presentation
19 slides from Tab Gida Sanayi Ve Ticaret A.s's earnings presentation, Mar 4, 2025
Slide 1: 4 March 2025
4 March 2025
Slide 2: Disclaimer
Disclaime This presentation includes forward-looking statements, including but not limited to, statements regarding TAB Gida Sanayi ve Ticaret A.S. (“TAB Gida”)’s plans, objectives, expectations, and intentions, as well as other statements that are not historical facts. Forward-looking statements ca
Slide 3: Disclaimer: IAS 29 revision of financial statements
Disclaime Revision of Financial Statements in Accordance with International Accounting Standard 29 (IAS 29) for Hyperinflationary Economies: Entities operating with a functional currency from a hyperinflationary economy are required to adjust their financial reports to reflect changes in general pri
Slide 4: Results Presentation: Business Overview
4Q & YE 2024 Results Presentation TAB r OY Sr, 2: KING afoys SUBWAY Se (&) Usta Pines. 5) sta Donerel Popeyes C7 4 March 2025 Business Overview
Slide 5: Key Highlights: Strong Quarter and YE Results
Key Highlights: Strong Quarter and YE Results __* Sbarro. @ POPeves ce |? mec ef fe) : ry t -wi les (BN . = System-wide Sales Ke) Revenues Adj. EBITDA ath ~ 41,147M ~% 32,009M ~ 6,941M + 64% YoY + 11% YoY + 9% YoY AS Number of Home Delivery &y Number of ye Self-order iy Tickets Restaurants Screens 2
Slide 6: IAS 29 unadjusted basis
IAS 29 unadjusted basis ✓ ✓ ✓ * Figures are based on IAS 29 unadjusted basis
Slide 7: Sustainable Growth Through New Restaurant Ventures & Initiatives
1 Sustainable Growth Through New Restaurant Ventures & Initiatives pened 64 new restaurants in 4Q. Y Achieved 246 new openings throughout 2024 Y Balanced growth by c untapped local markets. Y Strong franchise dema strength of brand port ,italizing on high urban demand while expanding into oss all br
Slide 8: Solid Growth in Restaurants
Solid Growth in Restaura Operated by TAB Franchise Total Stores 1 =~ Opened 46 restaurants } ie 431 368 799 in 4Q, 246 in FY 2024 7 s i we 329 70 399 Franchise restaurants © ' account formore than nts SF 34 105 139 60% or our total opening C) 9 9 45% fa) we , > SOUP 28% 36% | 43% We 135 7 142 usw 4
Slide 9: Key Achievements
Key Achievements Successfully increased consumer engagement through strategic promotions, product innovations, and pricing Strong performance, exceeding expectations particularly in 4Q, supported by.effective marketing campaigns and execution wz Launched new, affordable products targeting key consum
Slide 10: Leveraging Technology and Digital Transformation to Drive Efficiency and Profitability
Leveraging Technology and Digital Transformation to Drive Efficiency and Profitability Expanded Digital Campaigns to Increase Sales > Digital sales grew rapidly, exceeding 35% of our total Sales in 4Q 2024 >S ly prioritized and enhanced our delivery services, driving sales hrough targeted campaigns
Slide 11: Continue Restaurant Expansion & Brand Enhancements
Continue Restaurant Expansion & Brand Enhancements penings y Franchise Expansion ion and accelerating renovations Drive Digitalization & Operational Enhancements r brands ae Serv workforce Expand Market Reach h demand and market potential in urban a ur 1 Ilo Remain Committed to Strategi¢ Balanced pr
Slide 12: 4Q 2024 Results Presentation: Financial Overview
4Q 2024 Results Presentation TAB r CY <a 2: KING aly» SUBWAY’ Se (&) Usta Pines. GS) sta Dowerel Popeyes C7 4 March 2025 Financial Overview
Slide 13: FY 2024: Strong topline and EBITDA growth in real terms
FY 2024: Strong topline and EBITDA growth in real terms Fv2023 F202 C> Yorcrowth E Revenues Gross Profit Adjusted EBITDA* 2 32,009 5,530 6,941 wv 28,585 4,901 < <= re = FY 2023 FY 2024 FY 2023 FY 2024 FY 2023 FY 2024 Q =) 806 S Wy - 5,857 < = 16,887 3,622 =] ° c— = = FY 2023 FY 2024 FY 2023 FY 2024
Slide 14: Financial Performance: Translating Strong Execution into Financial Results
ancial Performance: Translating Str g Execution into Finan I Results “Figures are based on IAS 29 unadjusted basis 4Q 2024 © 11,005 M 218% 4Q 2023 471M % 147 % 6,906M % 4,729M % 1,020M 21.6% % 1,090M 23.1% Change (YoY) © (> > > a>) v 9% 46% 59% 58% 54% -0.7 pp 46% -16 pp FY 2024 207.6M % 198 % 41,14
Slide 15: Net income bridge between FY 2023 and FY 2024
Net income bridge between FY 2023 and FY 2024 All figures in million TL - sy Non-cash items impacting our bottom line 309 | 1,912 2,992 | | ee LJ 1 i 1 qT F 1 FY 2023 Net Ain EBITDA . a ee Ain Current \ Ain Ain Monetary AinDeferred 1 FY 2024 Net Income iati i 1 Income 7 (Expense) (Expense) Year Tax
Slide 16: Working Capital Management and Capital Expenditures
Working Capital Management and Capital Expenditures Capital Expenditures | All figures in million TL FY 2024 FY 2023 9.9% Trade Receivables & Other ST Receivables 2,413 2174 Inventories 393 407 Trade Payables & Other ST Payables 3,357 3,433 Net working capital -550 | -851 FY 2023 FY 2024 mmm Capex —
Slide 17: Short-term debt and net cash
(22) Short-term debt (Million TL) Short-term Financial Debt (22) (82) Current Portion of Long-term Financial Debt - 62) Long-term Financial Debt - - Cash and Cash Equivalents 6,033 5,696 IFRS-16 Related Short-term Leasing Liabilities 1,384) 1,002) IFRS-16 Related Long-term Leasing Liabilities (2,263
Slide 18: (IAS 29 unadjusted basis)
(IAS 29 unadjusted basis) ✓ ✓ ✓ ✓ ✓
Slide 19: Thank you
Thank you TAB fa af susway Set ()ustaPineci. GS) tenoeena
TAB Gida Sanayi ve Ticaret A.S. — Q4 2024 Earnings Presentation on 6ix