Kocaer Celik Sanayi Ve Ticaret As · BIST:KCAER
Kocaer Celik Sanayi Ve Ticaret As — Kocaer Steel — Q3 2026 Earnings Presentation
25 slides from Kocaer Celik Sanayi Ve Ticaret As's earnings presentation, November 2026
Slide 1: Q3 and 9M 2026 Earnings Presentation
Q3 AND 9M 2026 EARNINGS PRESENTATION November 2026
Slide 2: Industry Trends
O01 INDUSTRY TRENDS
Slide 3: Global Steel Industry
GLOBAL STEEL INDUSTRY Regional Divergences in Crude Steel Production Persisted in the First Nine Months of 2026 GLOBAL CRUDE STEEL PRODUCTION (MILLION TONNES) ▼0.7% In the first nine months of 2026, crude steel 1.377,1 1.367,5 production in China declined by 2.9% year- on-year, while production in t
Slide 4: Turkish Steel Industry
TURKISH STEEL INDUSTRY Turkey’s Crude Steel Production and Exports Increased in 9M 2026 ▲ 6.1% ▲ 1.9% TURKEY’S CRUDE STEEL PRODUCTION (MILLION TONNES) TURKEY’S STEEL EXPORTS (MILLION TONNES) 29,8 11,4 11,6 28,1 9M 2025 9M 2026 9M 2025 9M 2026 Source: Turkish Steel Producers Association (TSPA) 4
Slide 5: Operational Performance
02 OPERATIONAL PERFORMANCE IIKOCAER
Slide 6: Kocaer Sales Volume
KOCAER SALES VOLUME Sales Volume Declined by 1% in the First Nine Months of 2026 TOTAL SALES VOLUME (TONNES) 502.371 ▼ %1 498.036 Q3 188.216 182.195 Sales volume in the first nine months of 2026 was 1% lower than in the same period of the previous year. Q2 163.984 171.196 Q1 150.171 144.645 9M 2025
Slide 7: Geographic Breakdown of Sales
GEOGRAPHIC BREAKDOWN OF SALES International Sales, Including Export-Registered Sales, Accounted for 72% of Total Sales in 9M 2026 9M 2026 TOTAL SALES (%) 9M 2026 INTERNATIONAL SALES BY REGION (%) Europe 14% Export-Registered United Kingdom Sales 6% 4% Americas 27% Domestic 28% Middle East 6% Other 4
Slide 8: Sales Mix by Product Category
SALES MIX BY PRODUCT CATEGORY The Share of Value-Added Products in Total Sales Increased by 3 Percentage Points Year -on-Year, Reaching 47% in the First Nine Months of 2026. 2023 2024 2025 2025 9M 2026 9M Value-Added Profiles 39.4% 41.6% 43.1% 44.0% 47.0% The share of value-added steel profiles in t
Slide 9: Financial Results
03 FINANCIAL RESULTS
Slide 10: Financial Performance (Cumulative)
FINANCIAL PERFORMANCE (Cumulative) 9M 2026 Financial Performance Review ▼ 11% ADJUSTED EBITDA (TL mn) ▲ %3 NET SALES (TL mn) 22.370 19.843 2.831 2.913 9M 2025 9M 2026 9M 2025 9M 2026 GROSS PROFIT (TL mn) ▼ 5% NET PROFIT (TL mn) ▲ 50% 4.239 4.038 865 577 9M 2025 9M 2026 9M 2025 9M 2026 9M 2025 figure
Slide 11: Financial Performance (Quarterly)
FINANCIAL PERFORMANCE (Quarterly) Q3 2026 Financial Performance Review NET SALES (TL mn) ▲ 47% ▼ 1% ADJUSTED EBITDA (TL mn) 7.704 7.613 1.054 718 Q3 2025 Q3 2026 Q3 2025 Q3 2026 GROSS PROFIT (TL mn) ▲ 20% ▲ 530% NET PROFIT (TL mn) 1.468 221 1.226 35 Q3 2025 Q3 2026 Q3 2025 Q3 2026 All figures are pr
Slide 12: Financial Performance (Quarterly): EBITDA Margin and EBITDA/Ton
FINANCIAL PERFORMANCE (Quarterly) Robust EBITDA Margin and EBITDA/Ton in Q3 2026 EBITDA MARGIN (%) EBITDA /TON (USD) 16,1 140 14,4 131 14,1 14,1 13,8 125 13,6 118 117 114 9,3 78 1Q 2025 2Q 2025 3Q 2025 4Q 2025 1Q 2026 2Q 2026 3Q 2026 1Q 2025 2Q 2025 3Q 2025 4Q 2025 1Q 2026 2Q 2026 3Q 2026 All figure
Slide 13: Financial Position
FINANCIAL POSITION GROSS AND NET DEBT (TL mn) NET WORKING CAPITAL (TL mn) Gross Debt Net Debt 4.247 6.383 Inventories 4.864 Trade Receivables 4.153 Net Working Capital 3.581 1.987 Trade Payables 8.942 8.578 -5.530 -8.549 2.505 1.518 31.12.2025 30.09.2026 31.12.2025 30.09.2026 NET DEBT / EBITDA (x) N
Slide 14: Foreign Currency Position
FOREIGN CURRENCY POSITION 30.09.2026 FOREIGN CURRENCY POSITION ($ mn) Foreign Currency Foreign Currency -60 -88 Assets Liabilities Financial Assets Trade Payables 94 101 Trade Receivables Inventories Financial Liabilities Monetary Assets 48 40 Trade Receivables Trade Payables -106 Financial Liabilit
Slide 15: Summary Financial Statements
SUMMARY FINANCIAL STATEMENTS Summary Consolidated Balance Sheet (TL ’000) 31 Dec 2025 30 Sep 2026 Change (%) Current Assets 16.275.755 18.634.066 %14 Non-current Assets 16.293.957 16.024.513 -%2 Total Assets 32.569.713 34.658.579 %6 Current Liabilities 12.929.263 16.170.775 %25 Non-current Liabiliti
Slide 16: Company Overview
04 COMPANY OVERVIEW
Slide 17: Kocaer in Numbers
KOCAER IN NUMBERS Key Highlights of Our Experience and Production Capabilities KOCAER IN NUMBERS Key Highlights of Our Experience and Production Capabilities Participation in the Responsible® Program 60+ 3 12,000+ under the Green Deal Compliance Support Program initiated by the Republic of Türkiye W
Slide 18: Board of Directors and Ownership Structure
COMPANY OVERVIEW Board of Directors and Ownership Structure COMPANY OVERVIEW Board of Directors and Ownership Structure Hakan Kocaer Mehmet Çakmur Hakan Kocaer Chairman of the Board Vice Chairman of the Board 74 % Uğur Yılmaz Ferda Besli Dr. Yılmaz Argüden Free Float Board Member Board Member Board
Slide 19: Production Facilities
PRODUCTION FACILITIES High-Quality Production Across 300,000 m² PRODUCTION FACILITIES High-Quality Production Across 300,000 m² A1 300,000 t o n n e s / ye ar Steel Service Center 180,000 Kocaer Steel operates three steel profile t o n n e s / ye a r plants, a steel service center and a galvanizing
Slide 20: Creating Value Across Industries
CREATING VALUE ACROSS INDUSTRIES Strategic Steel Solutions for Key Industries CREATING VALUE ACROSS INDUSTRIES Strategic Steel Solutions for Key Industries Our high-quality, value-added steel profiles serve a broad range of strategic industries, from energy and transportation to mining and agricultu
Slide 21: Our Global Reach
OUR GLOBAL REACH Strong and Sustainable Growth in Global Markets OUR GLOBAL REACH Strong and Sustainable Growth in Global Markets Exports to 140+ Countries Across 6 Continents Kocaer Steel continues to strengthen its global presence through its extensive product portfolio and robust export network.
Slide 22: Growth Strategy Based on Four Pillars
STRATEGY Growth Strategy Based on Four Pillars Strengthen Vertical Green Production & Expand International Focus on a High-Margin Integration Energy Independence Distribution Channels Portfolio Drive growth through organic Meet 100% of our electricity Expand our global footprint Increase the share o
Slide 23: Our Subsidiaries
OUR SUBSIDIARIES A Strong Corporate Structure Supporting Our Global Growth %90 %100 %99 %99 %91 Kocaer Steel UK, the KCR Steel U.S. was Established in 2024, KCR Established in 2023 as a Founded in Denizli in 1996, Company’s UK subsidiary, established in Texas in 2026 Dış Ticaret aims to 99%-owned su
Slide 24: Disclaimer
DISCLAIMER With the Capital Markets Board of Turkey’s Bulletin dated 28.12.2023 numbered 2023/81, CMB announced that issuers and capital market institutions shall prepare their annual financial statements ending on 31.12.2023 or later, in accordance with IAS 29 inflationary accounting provisions. Ac
Slide 25: Contact Us
CONTACT US CONTACT US /kocaersteel /kocaersteel /SteelKocaer /kocaer-steel Scan the QR code to Scan the QR code to Scan the QR code to access our financial visit our website. access our sustainability reports and report. ir@kocaersteel.com presentations.