Aksa Akrilik Kimya Sanayii A.s. · BIST:AKSA
Aksa Akrilik Kimya Sanayii A.s — Investor Presentation (August 2017)
32 slides from Aksa Akrilik Kimya Sanayii A.s's investor presentation, August 2017
Slide 1: Aksa Akrilik Kimya Sanayii A.Ş.
Aksa Akrilik Kimya Sanayii A.Ş.
Slide 2: Content
CONTENT Aksa in Brief Business Information Financial Highlights Financial Information
Slide 3: Aksa in Brief
AKSA IN BRIEF
Slide 4: Production Facility
PRODUCTION FACILITY TEXTILES DIRECTORY AKTEK NATURAL GAS AK-KİM DOWAKSA RAW MATERIAL STORAGE AREA POLYMERIZATION WAREHOUSE BALING FIBER SPINNING DIW SOLVENT RECOVERY PILOT PORT ENERGY POWER POLYMERIZATION STATION
Slide 5: Aksa in Brief
AKSA IN BRIEF Company Name Aksa Akrilik Kimya Sanayii A.Ş. Establishment 1968 Paid Capital 185.000.000 TL Stock Borsa İstanbul (BIST) (1986>) Stock Code AKSA Adress Merkez Mahallesi Yalova-Kocaeli Yolu Caddesi No: 34 Yalova / Türkiye Web www.aksa.com E-mail ir@aksa.com Tel. / Fax 0 226 353 25 45 / 0
Slide 6: Shareholders
SHAREHOLDERS Aksa is a public company traded on the ISE since 1986. Emniyet Ticaret ve Sanayi A.Ş. %18,72 Akkök Holding %39,59 Other %41,69
Slide 7: Stock Information
STOCK INFORMATION Aksa Stock Performance Aksa Stock Performance 16,00 14,00 12,00 10,00 8,00 6,00 4,00 2,00 0,00 Jul 15 Jul 16 Jul 17 Apr 15 May 15 Jun 15 Apr 16 May 16 Jun 16 Apr 17 May 17 Jun 17 Aug 15 Nov 15 Aug 16 Nov 16 Jan 15 Feb 15 Mar 15 Sep 15 Dec 15 Jan 16 Feb 16 Mar 16 Sep 16 Dec 16 Jan 1
Slide 8: Akkök Holding
AKKOK HOLDING Chemicals Energy Textile • Aksa • Akenerji • Aksa Egypt • DowAksa • SEDAŞ • Ak-Kim • Sepaş • Gizem Frit Real Estate Services • Akiş • Akmerkez Lokantacılık ̶ Akbatı • Ak-Pa ̶ Akasya • Aktek • Akmerkez • Dinkal
Slide 9: Akkök Holding
AKKÖK HOLDING Net Sales (Billion USD) 5.225 18 4 2,9 3,1 3,1 3,1 3,1 2,9 Employee Company Listed Company 2,7 2010 2011 2012 2013 2014 2015 2016
Slide 10: Participations – Subsidiaries – Joint Ventures
PARTICIPATIONS – SUBSIDIARIES – JOINT VENTURES Joint Subsidiaries Ventures Aksa Egypt DowAksa Holdings %100 share Textile %50 share • Fitco BV 370 mio. USD capital %100 share - Investment Carbon Fiber production Company
Slide 11: Aksa is at the 1st position as of October in 2016
ACRYLIC FIBER Aksa is at the 1st position as of October in 2016 BIST corporate governance index
Slide 12: Biggest 44
ACRYLIC FIBER Aksa is one of the biggest 44 industry companies from the beginning of the index.
Slide 13: Milestones
MILESTONES 1960 1980 2000 1970s 1990s 2010s • Carbon Fiber production • Distributed Control System (DCS) was • Capacity increased to 315.000 tons/year • Company Foundation established for the first time in Turkey • Carbon Fiber Company is founded via a • The plant in Yalova began to operate • Acrylic
Slide 14: Business Information
BUSINESS INFORMATION
Slide 15: Strategic Business Units
STRATEGIC BUSINESS UNITS Acrylic Fibers Technical Fibers Energy Largest acrylic fiber producer High value-added products / 122.5 Mw electricity licence under a single roof in the world Develop fibers for technical end-use areas Around 40 - 50 mio USD %17 Global, %69 local revenue market share Global
Slide 16: What is Acrylic Fiber?
WHAT IS ACRYLIC FIBER? Wool Acrylic Fiber (Natural Fiber) (Synthetic Fiber) • Wool-like in appearance and touch (natural and warm) • Washable and keeps its shape • Resistance to moth, oil and chemicals • Resistance to sunlight • Dyeable with bright, resistant colurs
Slide 17: Acrylic Fiber Application Areas
ACRYLIC FIBER APPLICATION AREAS CLOTHING HOME TEXTILES Jumpers, socks, plush, hand knitting, Carpet, upholstery, balnkets, rugs, sports wear and child wear velvet fabrics TEXTILE FIBERS AKRİLİK ELYAFIN Areas of use in Acrylic KULLANIMFiber ALANLARI USE OF AREAS FOR OUTDOOR AREAS OF INDUSTRIAL USE Ca
Slide 18: Acrylic Fiber Cost Components
ACRYLIC FIBER COST COMPONENTS Chemicals Acrylonitrile Electricity Labor (ACN) Steam Other
Slide 19: What is Technical Fiber?
WHAT IS TECHNICAL FIBER? • Industrial and outdoor applications • High Endurance • High resistance to rotten and mold
Slide 20: What is Carbon Fiber?
WHAT IS CARBON FIBER? human hair . • Carbon fibers are extremely fine fibers (typ. 5-7 µ in dia.) (50-70 μ) consisting mostly of carbon atoms carbon fiber • Carbon fiber is >95% carbon (5-7 μ) • Carbon fibers are produced in tows (yarns) ranging from a carbon fiber and a human hair 1.000 filaments 1
Slide 21: Carbon Fiber – Application Areas
CARBON FIBER – APPLICATION AREAS Wind Turbine Blades Pressurized Vessels Civil Infrastructure Marine Aerospace Automotive Oil and Gas Power Transmission Sporting Goods Defense
Slide 22: Web Site – aksa.com
>» WEB SITE — AKSA.COM | V-N KURUMSAL SOSYALSORUMLULUK YATIRIMCIILISKILERI URUNLER KARIYER iLETISIM Q English AKSA Dunyanin lider akrilik elyaf Ureticis' AKKOK
Slide 23: 2017 Highlights
2017 HIGHLIGHTS
Slide 24: 2017 Highlights
2017 HIGHLIGHTS In 3 April dated General Assembly Meeting, dividend amount for Dividend Payment shareholders is settled as 187 Mio TRY. Payment is done immediately on 5 April. Starting in 2016 at 850 USD, ACN closed the year at around 1,100 USD, on the back of rising oil prices. In the first quarter
Slide 25: 2017 Highlights
2017 HIGHLIGHTS On 30th of March, 2017 JCR Eurasia Crédit Rating Corp. (Japan Credit Rating Eurasia Rating) has assessed Aksa Akrilik in the Credit Rating Note high level investable category and specified its long term national note as “AA (Trk)” and its prospect as “Stable”. Our company, which aims
Slide 26: 2017 Highlights
2017 HIGHLIGHTS New spinning and winding machines investment was evaluated under the scope of regional incentive by Turkish Ministry of Economy, General Directorate of Incentive Implementation and Foreign Capital. The Regional Incentive investment which is worth TRY 57,700,00 shall be supported as t
Slide 27: Financial Information
FINANCIAL INFORMATION
Slide 28: Balance Sheet
BALANCE SHEET BALANCE SHEET (K TL) 2011 2012 2013 2014 2015 2016 2Q17 Current Asset 768.174 692.258 857.189 977.000 1.075.543 1.387.576 1.356.358 Non -current Asset 884.391 864.698 954.416 1.021.065 1.178.532 1.245.394 1.410.998 Total 1.652.565 1.556.956 1.811.605 1.998.065 2.254.075 2.632.970 2.767
Slide 29: Income Statement
INCOME STATEMENT Million TL 2012 2013 2014 2015 2016 2Q17 Revenue 1.625 1.756 2.105 2.030 1.954 1.295 EBITDA 196 252 285 350 390 248 Net Income 166 141 163 199 126 154 EBITDA Margin % 12% 14% 14% 17% 20% 19% Net Income Margin % 10% 8% 8% 10% 6% 12% 2.500 18% 16% 2.000 14% 12% Revenue 1.500 10% EBITD
Slide 30: Investment – Profit – Dividend (Million USD)
INVESTMENT – PROFIT – DIVIDEND (MILLION USD) 159 160 140 120 93 100 87 83 76 75 80 57 55 57 61 50 55 55 60 45 42 50 36 40 25 20 0 2011 2012 2013 2014 2015 2016 CAPEX NET PROFIT DIVIDEND
Slide 31: Budget Figures
BUDGET FIGURES MILLION USD 2017 Forecast 2016 Actual 2015 Actual Net Sales 695-755 651 747 Fibers 660-710 606 695 Energy 31-40 41 48 Other 4-5 4 4 Export 270-290 257 299 Capacity Utilization 98% 100% 98% EBITDA Margin 17-18% 20% 17% CAPEX 80-90 36 83 Attention These figures reflect current expectati
Slide 32: Appendix / Disclaimer
APPENDIX / DISCLAIMER • Aksa Akrilik Kimya Sanayii A.Ş. contract or investment decision. events which may not prove to be (“Aksa”) has prepared this Investors and prospective investors in accurate. The forward-looking book (the “Book”) for the sole purpose of securities of any issuer mentioned state
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