Akcansa Cimento Sanayi Ve Ticaret A.s. · BIST:AKCNS
Akcansa Cimento Sanayi Ve Ticaret A.s — Q1 2025 Earnings Presentation
16 slides from Akcansa Cimento Sanayi Ve Ticaret A.s's earnings presentation, Apr 30, 2025
Slide 1: 2025 Q1 Results
2025 Q1 Results April 30th, 2025 Thomas GERSTENHAUER, CFO
Slide 2: Disciplined financial management and favorable energy prices partially mitigated market headwinds
Disciplined financial management and favorable energy prices partially mitigated market headwinds and inflationary pressures • Compared to a strong Q1/24, Cementitious volume -14% YoY and RMC volume -29% YoY • Inflation outpaced pricing, weighing on topline and profitability. o 4.3b TRY Revenue, dow
Slide 3: Export clinker growth limited the impact of domestic market dynamics on Akçansa
Export clinker growth limited the impact of domestic market dynamics on Akçansa Turkish Cement Market Akçansa Revenue Breakdown (YoY volume change) 55.9% Domestic Cement Marmara + Aegean + BlackSea (Operating regions of Akcansa) 1Q24 1Q25 Other Regions 29.9% 9.7% 19% 22% 13.4% 12.1% 2.9% -2.6% -3.3%
Slide 4: Company Performance
Company cy) U = © = ben fe) Ga Sen cy) o. a 1 AKGAN@O)
Slide 5: Market challenges and cost pressures weighed on EBITDA
Market challenges and cost pressures weighed on EBITDA Volumes (mt/mm3) Sales (mTRY) EBITDA (mTRY) -13.9% -28.3% -71.3% 1,755 5,993 649 1,511 4,297 -29.4% 736 11% 519 186 4% 1Q-2024 1Q-2025 1Q-2024 1Q-2025 1Q-2024 1Q-2025 1Q-2024 1Q-2025 Cementitious RMC (m m3) (mt) Weather disruptions, Eid break an
Slide 6: Focused financial management partially offset the EBITDA impact on the bottom line
Focused financial management partially offset the EBITDA impact on the bottom line (mTRY) Net Financial EBITDA Depreciation Other Income / Expense Total Tax Net Income Income/Expense +117 -462 -14 +83 90 649 -179 +43 -45 2 186 -107 -343 -357 -128 -27 -151 -177 1Q-2024 1Q-2025 1Q-2024 1Q-2025 1Q-2024
Slide 7: Active working capital and focused financial management continued
Active working capital and focused financial management continued 12.4% 11.5% 9.2% 2,251 8.4% 3,142 8.0% 3,107 2,632 LfL adjusted for 2,371 dividend payment 1,906 132 made in 1Q25 vs 901 2Q24 771 1,200 1Q 2024 2Q 2024 3Q 2024 4Q 2024 1Q 2025 -177 1Q 2024 2Q 2024 3Q 2024 4Q 2024 1Q 2025 Trade Working
Slide 8: ESG focus delivering results
ESG focus delivering results CO2 kg.t cementitious Alternative Fuel Rate % -11% 770 753 753 724 701 703 688 2025 Score 22% 23% 23% ESG rating: Ranked 1st out of 129 88 18% 19% 20% global construction material 14% companies by LSEG 2019 2020 2021 2022 2023 2024 2025 1Q 8
Slide 9: 2025 Outlook
2025 Outlook • Full-capacity production and sales continue, with a strong commitment to sustainability. ✓ • Maintaining prominent market position by actively leveraging the opportunities in the current volatile market environment ✓ • Disciplined cost management in a demanding market environment. ✓ •
Slide 10: Q&A
Q&A Heidelberg O Materials O@eanc!
Slide 11: Appendix
Appendix Ca ieettre odeanc: " AKGAN@O)
Slide 12: Istanbul - Harsh weather conditions particularly in 02/2025
Istanbul - Harsh weather conditions particularly in 02/2025 2025 2024 Snow with solid fill Source: Weatherspark Source: Weatherspark 12
Slide 13: Follow Us
Follow Us /AKCANSA /COMPANY/AKCANSA /AKCANSA /AKCANSA 13
Slide 14: Disclaimer
Disclaimer This presentation («Presentation») has been prepared by Akçansa Çimento Sanayi ve Ticaret A.Ş. for the sole purpose of providing information («Information») relating to Akçansa. Presentation is based on public information and data produced by Akçansa and basically demonstrates forward loo
Slide 15: Contact Information
Contact Information Thomas GERSTENHAUER CFO Dinçer Bulan Financial Affairs & IR Director Ahmet Yılmaz Financial Planning, Analysis & IR Manager Hilal Yıldız Çelik Corporate Governance Executive investor.relations@akcansa.com.tr 15
Slide 16: Heidelberg Materials
Heidelberg Materials Heidelberg CO eet? odeanc: AKGAN@O)
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