Eregli Demir Ve Celik Fabrikalari T.a.s. · BIST:EREGL
Eregli Demir Ve Celik Fabrikalari T.a.s — Ereğli Demir ve Çelik Fabrikaları T.A.Ş. (Erdemir) — H1 2023 Earnings Presentation
16 slides from Eregli Demir Ve Celik Fabrikalari T.a.s's earnings presentation, Aug 8, 2023
Slide 1: 2023 6 Months Investor Presentation
METALLURGY ERDEMIR > 2()2d G Months Investor Presentation 08.08.2028
Slide 2: 2023 Market Overview
c ERDEMIR )) 2028 Market Overview
Slide 3: Commodity Prices
3 0 200 250 300 350 400 450 500 550 600 650 700 100 200 300 400 500 600 USD/TON USD/TON Jul-21 Jul-21 Aug-21 Aug-21 Sep-21 Sep-21 Oct-21 Oct-21 Nov-21 Nov-21 Dec-21 Dec-21 Jan-22 Jan-22 Feb-22 Feb-22 Source: Platts / IODEX Mar-22 Mar-22 Apr-22 Apr-22 May-22 May-22 Jun-22 Jun-22 COMMODITY PRICES Jul-
Slide 4: Turkish Steel Industry
TURKISH STEEL INDUSTRY PRODUCTION (MN TONS) EXPORTS (MN TONS) 19.8 18.2 7.5 8.4 6.6 2.6 4.5 12.3 11.6 1.5 5.3 2.9 0.5 0.1 6M 2022 6M 2023 6M 2022 6M 2023 CONSUMPTION (MN TONS) IMPORTS (MN TONS) 19.9 17.2 10.1 9.5 9.4 7.7 5.0 4.5 9.8 1.0 7.8 0.7 2.5 3.5 6M 2022 6M 2023 6M 2022 6M 2023 4 Source: TSPA
Slide 5: 2023 6M Results
Gr) 2023 6M Results
Slide 6: Financial and Operational Results - 2023 6M
FİNANSAL VE OPERASONEL SONUÇLAR - 2022 9A 232 Million USD 8% EBITDA EBITDA Margin 3.3 Million Tons 3.2 Million Tons 2,896 Million USD Total Production Total Sales Revenue (*) Due6 to the earthquake that occurred on February 6, 2023, the production at the Iskenderun facilities of the Group was suspen
Slide 7: Operational Indicators
OPERATIONAL INDICATORS LIQUID STEEL PRODUCTION (000 TONS) CRUDE STEEL CAPACITY UTILIZATION RATIO 91% 94% 4,198 89% 82% 3,218 2,165 1,994 66% 1,224 Q2 2022 Q1 2023 Q2 2023 6M 2022 6M 2023 2019 2020 2021 2022 6M 2023 PRODUCTION (000 TONS) SALES VOLUME (000 TONS) 4,268 3,945 479 459 3,205 3,250 178 2,1
Slide 8: Domestic Sales Breakdown and Export
DOMESTIC SALES BREAKDOWN AND EXPORT FLAT STEEL DOMESTIC SALES (000 TONS) LONG STEEL DOMESTIC SALES (000 TONS) 6M 23 6M 23 Automotive Rebar and Profile Producers 14% 10% (368) (17) 6M 22 6M 22 15% 18% (426) 20% General Manufacturing Industry 43% Pipe&Profile and Rolling (77) (36) 23% 45% (1,176) 23%
Slide 9: Financial Indicators
FINANCIAL INDICATORS NET SALES REVENUE (USD MN) EBITDA PER TON (USD/TON) 4,303 413 418 690 336 335 250 329 2,896 2,202 336 144 327 145 124 124 141 1,394 1,502 3,613 95 103 117 151 185 67 48 1,875 2,560 8 1,243 1,317 Q2 2019 Q3 2019 Q4 2019 Q1 2020 Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q2 2021 Q3 2021 Q4 2
Slide 10: EBITDA, Net Profit and Change in Cash
EBITDA NET PROFIT (USD MN) (103) 38 (24) 232 (87) 167 (238) (41) Corp. Tax (178) (197) Defr. Tax 4 EBITDA (6M 2023) Depreciation Consolidation Operating Investing Finance Tax Inc./(Exp.) Non-Controlling NET PROFIT (6M 2023) Classification Income Activities Inc./(Exp.) Interests Inc./(Exp.) EBITDA CH
Slide 11: Analysis of Financial Position
ANALYSIS OF FINANCIAL POSITION FINANCIAL BORROWINGS* (USD MN) NET WORKING CAPITAL (USD MN) 1,899 1,568 1,222 1,513 2,725 2,637 861 1,127 2,361 2,348 723 510 834 607 499 129 205 351 441 386 (599) (523) 2020 2021 2022 6M 2023 Trade Receivables Inventories Trade Payables Other Working Capital Short-Ter
Slide 12: Cost of Sales Breakdown
COST OF SALES BREAKDOWN* (%) 6M 2023 Other RAW MATERIALS BREAKDOWN 8 Depreciation and Amortization Exp. 3 Personnel Expenses 6 Iron Ore&Pellet Coal Scrap Other 12 Purchased Energy Expenses 28% 38% 8% 26% 71 Raw Materials 2022 5 Other 3 Depreciation and Amortization Exp. 4 Personnel Expenses Iron Ore
Slide 13: Capital Expenditures
CAPITAL EXPENDITURES* (USD MN) 723 434 434 306 216 251 208 2017 2018 2019 2020 2021 2022 6M 2023 13 *Advance payments for capital expenditures are not included.
Slide 14: Sustainability
SUSTAINABILITY We shape our approach to value generation on the basis of three basic concepts as follows: sustainable growth, responsible production, approach that puts people at the center. 766.612 MWh. 1,046 million m³ USD 50.3 million The amount of energy recovered The total volüme of water recov
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
Ereğli Demir ve Çelik Fabrikaları T.A.Ş. (Erdemir) — H1 2023 Earnings Presentation on 6ix