Klimasan Klima Sanayi Ve Ticaret A.s. · BIST:KLMSN
Klimasan Klima Sanayi Ve Ticaret A.s — Q2 2021 Earnings Presentation
16 slides from Klimasan Klima Sanayi Ve Ticaret A.s's earnings presentation, Aug 12, 2021
Slide 1: Second Quarter 2021 Results
Second Quarter 2021 Results August 12th, 2021
Slide 2: Legal Notice
In this presentation we make statements about future events (forward-looking statements) that are subject to risks and uncertainties. These statements are based on beliefs and suppositions of our Management and information to which the company currently has access. Statements about future events inc
Slide 3: Q2 & 1H 2021 Highlights
HIGHLIGHTS COVID-19 NET REVENUE INNOVATION P&L CASH FLOW BALANCE SHEET DEBT LIQUIDITY STRATEGIC PRIORITIES OUTLOOK Q2 &1H 2021 Highlights ▪ Net Revenues increased by 69.4% and 85.3% at (TL million) 2Q21 2Q20 % Var 1H21 1H20 % Var historical highs in Q2 and 1H respectively Net Revenues 551.4 325.5 69
Slide 4: Klimasan delivered an all-time high Q2 in sales and EBITDA
HIGHLIGHTS COVID-19 NET REVENUE INNOVATION P&L CASH FLOW BALANCE SHEET DEBT LIQUIDITY STRATEGIC PRIORITIES OUTLOOK Klimasan delivered Surge in raw material costs has an all-time high Q2 adversely impacted gross 2Q21 net revenues margins. However due to in sales and EBITDA, Gross profit reached rigor
Slide 5: COVID-19 Impact
HIGHLIGHTS COVID-19 NET REVENUE INNOVATION P&L CASH FLOW BALANCE SHEET DEBT LIQUIDITY STRATEGIC PRIORITIES OUTLOOK ▪ Our business model – working across many channels and a diverse geographies – has minimized the impact of localized or sector specific disruptions caused by the ongoing pandemic and p
Slide 6: Sustainability Agenda
HIGHLIGHTS COVID-19 NET REVENUE INNOVATION P&L CASH FLOW BALANCE SHEET DEBT LIQUIDITY STRATEGIC PRIORITIES OUTLOOK ▪ FF GEN Coolers – Energy consumption reduction of 50% by 2030 (vs 2020) ▪ Life extend program – Refurbishing products to extend the usage life and Sustainability upgrade to more effici
Slide 7: Growth Opportunities
HIGHLIGHTS COVID-19 NET REVENUE INNOVATION P&L CASH FLOW BALANCE SHEET DEBT LIQUIDITY STRATEGIC PRIORITIES OUTLOOK ▪ IoT Technology- connected assets and control tower services ▪ New channels: ▪ Supermarkets ▪ Condominiums / Gyms Growth ▪ Wine coolers Opportunities ▪ New Regions ▪ Extended Lifecycle
Slide 8: Net Revenues
HIGHLIGHTS COVID-19 NET REVENUE INNOVATION P&L CASH FLOW BALANCE SHEET DEBT LIQUIDITY STRATEGIC PRIORITIES OUTLOOK Net Revenues ▪ Net Revenue increased 85.3% over last year 1H, delivering a record first half of TL895 million. ▪ Revenue from Services & Parts increased by 8.4% to TL66.4mn in 1H21. ▪ R
Slide 9: Product Innovation
HIGHLIGHTS COVID-19 NET REVENUE INNOVATION P&L CASH FLOW BALANCE SHEET DEBT LIQUIDITY STRATEGIC PRIORITIES OUTLOOK Innovation & Customization Product Innovation a key business driver Customer Diversification & New Channels S E C O N D Q U A R T E R 2 0 2 1 • R E S U L T S
Slide 10: Profit and Loss Statement
HIGHLIGHTS COVID-19 NET REVENUE INNOVATION P&L CASH FLOW BALANCE SHEET DEBT LIQUIDITY STRATEGIC PRIORITIES OUTLOOK Profit and Loss Statement L12M (TL Million) 2Q 21 2Q 20 % change 1H21 1H20 % change Jul20-Jun21 FY20 % change Revenues 551,4 325,5 69,4% 895,4 483,3 85,3% 1.390,4 978,3 42,1% ▪ Gross pr
Slide 11: Balance Sheet
HIGHLIGHTS COVID-19 NET REVENUE INNOVATION P&L CASH FLOW BALANCE SHEET DEBT LIQUIDITY STRATEGIC PRIORITIES OUTLOOK Balance Sheet Jun 30th Dec 31st (TL Million) 2021 2020 Cash & Cash Equivalents 510,5 467,3 Trade Receivables 618,1 232,7 Inventory 256,4 187,4 ▪ Increase in Trade Receivables as a conse
Slide 12: Cash Flow
HIGHLIGHTS COVID-19 NET REVENUE INNOVATION P&L CASH FLOW BALANCE SHEET DEBT LIQUIDITY STRATEGIC PRIORITIES OUTLOOK (TL Million) 1H 21 1H 20 A. Cash Flows From Operating Activities (217,4) (234,4) Profit for the Period 56,6 4,3 Non-cash Adjustments 52,1 72,9 Changes in Working Capital (306,5) (306,4)
Slide 13: Net Debt Bridge
HIGHLIGHTS COVID-19 NET REVENUE INNOVATION Net P&L Debt CASH FLOW BALANCE SHEET DEBT LIQUIDITY STRATEGIC PRIORITIES OUTLOOK 30 June’20 – 30 June’21 31 Dec’20 – 30 June’21 30.9 18.9 82.9 42.8 2.8 5.2 263.7 43.2 137.9 104.3 591.3 208.2 599.0 599.0 147.0 371.4 97.2 49.8 Investing Activities Other Recei
Slide 14: Liquidity / Net Debt
HIGHLIGHTS COVID-19 NET REVENUE INNOVATION P&L CASH FLOW BALANCE SHEET DEBT LIQUIDITY STRATEGIC PRIORITIES OUTLOOK Liquidity / Net Debt Change LIQUIDITY INDICATORS (TL Million) 2Q21 1Q21 4Q20 2Q20 2Q21/2Q20 Cash and equivalents, bonds and securities 510,5 449,3 467,3 227,2 283,3 Short term debt(ST)
Slide 15: Outlook
HIGHLIGHTS COVID-19 NET REVENUE INNOVATION P&L CASH FLOW BALANCE SHEET DEBT LIQUIDITY STRATEGIC PRIORITIES OUTLOOK ▪ We expect continuing challenges from the current pandemic impacting food service and immediate consumption channels whilst countries gradually open up trade following vaccination prog
Slide 16: Thank you!
Thank you! For more information contact: investor@klimasan.com.tr
Klimasan Klima Sanayi Ve Ticaret A.S. — Q2 2021 Earnings Presentation on 6ix