Oyak Cimento Fabrikalari A.s. · BIST:OYAKC
Oyak Cimento Fabrikalari A.s — OYAK Çimento Fabrikaları A.Ş. — Q3 2022 Earnings Presentation
34 slides from Oyak Cimento Fabrikalari A.s's earnings presentation, Nov 11, 2022
Slide 1: OYAK Çimento Fabrikaları A.Ş. September 2022 Financial Results
OYAK Çimento Fabrikaları A.Ş. September 2022 Financial Results 11 November 2022
Slide 2: Key Messages & Financial Highlights
Key Messages & Financial High- lights
Slide 3: Key Messages & Financial Highlights · Sep. 2022 YTD vs Sep. 2021 YTD
Key Messages & Financial Highlights · Sep. 2022 YTD vs Sep. 2021YTD Net Sales EBITDA 8,186 m TL +160% 2,158 m TL +202% Net Income Gross Profit 1,572 m TL +255% 2,279 m TL +189% 2022 Q3 Financial
Slide 4: Key Messages & Financial Highlights · Sep. 2022 YTD vs Sep. 2021 YTD
Key Messages & Financial Highlights · Sep. 2022 YTD vs Sep. 2021 YTD Q3 YTD Performance in 2022: Revenues increased by 160% EBITDA increased by 202% Net income increased by 255% Gross profit increased by 189% 2022 Q3 Financial
Slide 5: Market Outlook
Market Outlook >
Slide 6: Turkish Cement Market
Turkish Cement Market 119 119 115 117 112 105 100 96 94,0 87 91,0 84 86 87,7 80 81 84,0 80,1 80,6 12,7 75 77,9 76,6 30,8 75,6 31,4 11,1 13,7 68 69,8 70,9 71,3 71,4 12,4 10,7 11,0 30,0 62,9 13,6 14,4 19,0 23,0 57,1 51 53,5 54 48 50,5 20,4 47 14,5 43 44 8,2 46,0 7,2 41,4 38,5 10,5 37,2 75,0 10,7 69,0
Slide 7: Turkish Cement Market
Turkish Cement Market 2021 YTD vs. 2022 YTD (August) -13,7% -9,6% -13,7% -14,8% -13,7% -13,5% -13,9% TR Change: -12,9% *All data in this study are based on Turkish Cement data 2022 Q3 Financial
Slide 8: New VAP Bags · Cement
New VAP Bags · Cement > CEM II/A-LL 42.5 R > CEM II/B-M (S-L) 42.5 R > CEM III/A (S) 42.5 N > CEM III/B (S) 32.5 N-SR > CEM IV/B (P) 32.5 R > CEM V/A (S-P) 32.5 R > CEM II/A-M (S-L) 42.5 R > CEM II/B-M (S-V) 42.5 R > CEM IV/B (P) 32.5 N > CEM V/A (S-P) 32.5 N > CEM II/A-M (P-LL) 42.5 R > CEM II/B-LL
Slide 9: Catalogues
Catalogues VAP Catalogue and White Cement Catalogue in 11 Languages • Turkish • German • Arabic • French • Hebrew • English • Spanish • Italian • Polish • Portuguese • Russian
Slide 10: Digital
Digital Turkish Cement Sector – Interactive Map Software > Reviewing capacity data by country & province > Marking on location > Updating, adding and deleting information Mobile Application for Customers (I-DEAL) > Access to all product analysis reports with QR code > Access to contact information o
Slide 11: Digital
4 Digital www.oyakwhitecement.com yenilendi renewed ernevert renouvelé rinnovato renovado cata wing ydnowiony OGHOBNEHHDE jovado What is the difference of White Cement from Grey Cement?
Slide 12: Sustainability
> Sustainability
Slide 13: Sustainability Strategy
Sustainability Strategy UN SDG Focus Areas Key Indicators Increasing the use of alternative fuels due to climate risks and reducing energy costs is our focus in the short and medium term, and will continue to Sustainable Economic Growth be. and Profitability Creating a model for measuring the impact
Slide 14: Sustainability Strategy · Roadmap
Sustainability Strategy · Roadmap SUSTAINABILITY STRATEGIES OYAK Cement took an important step in 2021 by focusing on its sustainability strategies and addressed 11 issues in this direction. Detailed for each area, preparing targets, the shift of performance indicators to this area is planned. 2021-
Slide 15: Business Model · Value Creation
Business Model · Value Creation *OYAK Cement Integrated Report 2021 2022 Q3 Financial Results
Slide 16: Priorities
Priorities *OYAK Cement Integrated Report 2021 2022 Q3 Financial Results
Slide 17: 2050 Roadmap
2050 Roadmap *Cembureau Report 2021 2022 Q3 Financial Results
Slide 18: Net Zero
Net Zero *OYAK Cement Integrated Report 2021 2022 Q3 Financial Results
Slide 19: Thermal Substitution Performance
Thermal Substitution Performance· OYAK Cement Thermal Substitution Performance 32% 29% Thermal Substitution Rate (%) 22,5% 17,4% 12,3% 7,9% 7% 6,4% 6,6% 4,6% 2,7% 3% 1% 1,7% 2018 2010 2011 2012 2013 2014 2015 2016 2017 2019 2020 2021 2022 2023 *OYAK Cement Integrated Report 2021 2022 Q3 Financial Re
Slide 20: Industrial Digitalization
Industrial Digitalization 100110101010100 100101010010101 010101010100001 010101000111100 110010101101001 101001010011001 010100001010000 101011010010101 101010101011110 101011010110101 001010101010100 101011010001101 010101100100101 010101010100101 010100101010100 110101001010101 111100100000001 01
Slide 21: Industrial Digitalization
Industrial Digitalization *OYAK Cement Integrated Report 2021
Slide 22: Financial Results
Financial 4 Results
Slide 23: Financial Results · Profit margin continues its upward trend
Financial Results · Profit margin continues its upward trend Sales Revenue (m TL) EBITDA* (m TL) +160 % 8,186 +202% 2,158 +60% 4,681 +89% 3,151 2,932 1,039 714 550 FY20 FY21 Sep.21 Sep.22 FY20 FY21 Sep.21 Sep.22 * EBITDA : Operating profit / (loss) + Amortization and depreciation
Slide 24: Financial Results · Profit margin continues its upward trend
Financial Results · Profit margin continues its upward trend +168% +198% 3,052 3,477 Sales Revenue (m TL) +96% +58% 1,658 1,530 1.138 1,165 970 848 4Q20 4Q21 1Q21 1Q22 2Q21 2Q22 3Q21 3Q22 +269% +235% 956 894 EBITDA* (m TL) +30% +64% 325 308 250 259 267 188 4Q20 4Q21 1Q21 1Q22 2Q21 2Q22 3Q21 3Q22 * E
Slide 25: Energy Prices (TL)
Energy Prices (TL) 3.848 2.777 Petcoke Imported Coal Coal 814 908 587 411 01/21 03/21 05/21 07/21 09/21 11/21 01/22 03/22 05/22 07/22 09/22 3.943 Electricity 478 01/21 03/21 05/21 07/21 09/21 11/21 01/22 03/22 05/22 07/22 09/22 20 Fuel 6 01/21 03/21 05/21 07/21 09/21 11/21 01/22 03/22 05/22 07/22 09
Slide 26: Income Statement · EBITDA growth continues
Income Statement · EBITDA growth continues m TL Sep.21 Sep.22 ∆% FY20 FY21 ∆% Sales revenue 3.151 8.186 160% 2.932 4.681 60% Cost of sales (2.363) (5.906) 150% (2.354) (3.537) 50% Operating expenses (201) (346) 72% (246) (307) 25% Other operating income / (expenses) 2 63 3411% 53 8 -85% Operating pr
Slide 27: EBITDA · Net Profit
EBITDA · Net Profit 2,158 1,996 34 -162 -121 1.572 -337 EBITDA Amortization Operating profit Investment activity Financial exp Tax Net Profit * EBITDA : Operating profit / (loss) + Amortization and depreciation
Slide 28: Balance Sheet
Balance Sheet m TL FY20 FY21 Sep.22 m TL FY20 FY21 Sep.22 Current assets 1.909 2.601 5.220 Current liabilities 1.555 1.386 2.740 Cash and cash equivalents 449 315 1.211 Short term borrowings 810 146 763 Financial investments 86 162 166 Trade payables 607 1.014 1.504 Trade receivables 926 1.246 2.169
Slide 29: Financial Results · Profit margin continues its upward trend
Financial Results · Profit margin continues its upward trend +160% +138% +197% 224% Sales Revenue OYAKC Competitor 1 Competitor 2 Competitor 3 +202% +112% %219 +199% EBITDA OYAKC Competitor 1 Competitor 2 Competitor 3 +4% -2% -1% 0% EBITDA Margin (%) Sep. 2021 Sep. 2022 OYAKC Competitor 1 Competitor
Slide 30: Net Working Capital
Net Working Capital NWC (Net Working Capital) 50 2,155 40 23% 24% 21% 22% 30 20 2,169 10 0 1,001 -10 993 -20 1,246 m TL 672 -30 1,032 -40 1,490 -50 926 -60 657 769 -70 352 -80 -607 -90 -696 -1,014 --1,504 -100 Trade receivables -110 Inventories Trade payables -120 NWC as a % of Sales Revenue (LTM) F
Slide 31: Net Debt
Net Debt Net Debt Net Debt / EBITDA (LTM) -296 0.54 295 121 763 -10 810 720 146 321 318 19 16 -315 -449 -519 -162 -1,211 -86 - 96 0,13 -103 -166 -0.01 -0,12 FY20 Sep.21 FY21 Sep.22 FY20 Sep.21 FY21 Sep.22 Short term liabilities Long term liabilities Cash and cash equivalents Financial investments *
Slide 32: CAPEX Development (m TL)
CAPEX Development (m TL) 428 339 295 200 FY20 FY21 Sep.21 Sep.22
Slide 33: Thank You
Thank You 11 November 2022
Slide 34: Disclaimer · Forward-looking Statements
Disclaimer · Forward-looking Statements Bu sunum OYAK Çimento Fabrikaları A.Ş. tarafından sadece bilgi sağlamak amacıyla hazırlanmıştır. OYAK Çimento Fabrikaları A.Ş. yönetimi tarafından sağlanan kamuya açık bilgiler ve verilere dayanmaktadır ve temel olarak, mevcut ve gelecekteki iş stratejilerimiz
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