Doganlar Mobilya Grubu Imalat Sanayi Ve Ticaret A.s. · BIST:DGNMO
Doganlar Mobilya Grubu Imalat Sanayi Ve Ticaret A.s — Doğanlar Mobilya Grubu — Investor Presentation (2025)
28 slides from Doganlar Mobilya Grubu Imalat Sanayi Ve Ticaret A.s's investor presentation, 2025
Slide 1: Investor Presentation 2024
Doğanlar Mobilya Grubu Investor Presentation 2024
Slide 2: Agenda
Agenda 2024 Overview of Company Activities and Furniture Sector 2024 Financial Results Annex 2
Slide 3: 2024 Overview of Company Activities and Furniture Sector
2024 Overview of Company Activities and Furniture Sector SADIPISCING ELITESI PRAESENT ETES QUAM DIAMES MORBIS MALESUDA NISL EPSUM, EGET DIGNISSIM ESTUS MORONO PORTOS CORDO
Slide 4: Overview of Doğanlar Furniture Group in 2024
Overview of Doğanlar Furniture Group in 2024 ➢ A furniture company in the top 3* in Turkey that produces and sells modern 2024 Key Financial and Operational Indicators design furniture at affordable prices with original designs and innovative (Including the effect of TAS 29 Inflation Accounting) sol
Slide 5: Doğanlar Furniture Group in Türkiye
Doğanlar Furniture Group in Türkiye Logistics and operation centres in 6 locations to reduce our logistics and operation costs against our widespread dealer and supplier network in Türkiye 137.000 m² storage area in Türkiye, including 30.000 m² in Biga and 25.000 m² in Düzce 5
Slide 6: Doğanlar Furniture Group in the World
Doğanlar Furniture Group in the World Exported to 60 countries in 2024. Monobrand retailing in 40 countries abroad. Foreign Subsidiaries 6
Slide 7: Production Facilities - Biga Factory
Production Facilities Biga Factory Production facilities close to Turkey's main furniture production centers and high demand regions Total Area 247.075 m2 Indoor area 84.000 m2 R&D area 1.175 m2 Storage area 30.000 m2 Production capacity Panel 2.400.000 m2 /year Flooring 96.000 units/year Bed 75.600
Slide 8: Production Facilities - Düzce Factory
Production Facilities Düzce Factory Production facilities close to Turkey's main furniture production centers and high demand regions Total Area 159.500 m2 Indoor area 62.000 m2 R&D area 1.325 m2 Storage area 25.000 m2 Production capacity Panel 1.900.200 m2 /year Flooring 53.500 units/year 4.956,6 k
Slide 9: Production Facilities - Senegal Factory
Production Facilities Senegal Factory A production facility in Dakar, the capital of Senegal, with an advantageous export position to 15 Ecowas countries (Benin, Burkina Faso, Cabo Verde, Côte d'Ivoire, Gambia, Ghana, Guinea, Guinea Bissau, Liberia, Mali, Niger, Nigeria, Sierra Leone and Togo) with
Slide 10: Wide Product Segment / Brand Portfolio and Growing Sales Network
Wide Product Segment / Brand Portfolio and Growing Sales Network 31.12.2024 Total Number of Stores (Number) 2024 Share of Franchise in Sales 31.12.2024 Sales Area (thousand m²) Points (%) 509 657 730 795 509 655 717 770 80% 83% 86% 89% 23 5 16 4 25 7 52 23 7 47 17 9 120 43 108 317 91 294 9 10 271 26
Slide 11: Wide Product Segment / Brand Portfolio and Growing Sales Network
Wide Product Segment / Brand Portfolio and Growing Sales Network Sales by Brand (2024) Sales by Product Group (2024) Sales by Channel (2024) 1% 3% 2% 1% 12% 6% 12% 16% 45% 50% 42% 35% 74% Franchise Retail Doğtaş Kelebek Lova Yatak Ruumstore International Sales E-Commerce Wooden Panel Upholstery Proj
Slide 12: A Strong Brand and Expanding Product Range: Lova Sleep
A Strong Brand and Expanding Product Range: Lova Sleep We continue to steadily increase our share in the mattress market and in total sales with our brand Lova Sleep, developed with a focus on sleep comfort and quality. With Lova Sleep, we aim to steadily increase our share in the market and total s
Slide 13: Sales Strategies and Innovative Projects
Sales Strategies and Innovative Projects Sales Channels Franchise Brand Websites Other 606 Domestic Sales Points Channels 103 International Sales Points www.dogtas.com 1) Corporate Tender Projects www.kelebek.com 2) Wholesale Sales www.lovayatak.com 3) Chain Stores Retail Markets 79 Domestic Sales P
Slide 14: Growing Furniture Market and Changing Market Dynamics-Türkiye
Growing Furniture Market and Changing Market Dynamics-Türkiye 3.25% CAGR between 2025E-2029E 2.91% CAGR between 2019 - 2024 Local Furniture Market (billion USD) (1) YBBO %2,51 %2,77 8,06 8,50 8,72 7,20 7,43 7,83 7,61 6,36 6,44 6,39 6,81 6,95 2018 2019 2020 2021 2022 2023 2024 2025 T 2026 T 2027 T 20
Slide 15: Fast Growing Branded Furniture Market and Increasing Market Share
Fast Growing Branded Furniture Market and Increasing Market Share 2019 - 2024 Türkiye Furniture Market CAGR 2.91% 2024 Addressable Türkiye Furniture Market 2019 - 2024 DGNMO CAGR 23.7% Türkiye Furniture Market (billion TL) and DGNMO Net Sales Growth (billion TL) Total Addressable DGNMO Market Share
Slide 16: Sustainability
Sustainability In line with the vision of ‘Furniture of the Future’, our first Sustainability Report, in which we explain our sustainability strategy, our goals in line with our strategy, our good practices in environmental, social and governance areas and our performance in 2023, was published in D
Slide 17: 2024 Financial Results
2024 Financial Results SADIPISCING ELITESI PRAESENT ETES QUAM DIAMES MORBIS MALESUDA NISL EPSUM, EGET DIGNISSIM ESTUS MORONO PORTOS CORDO
Slide 18: Net Sales
Net Sales Net Sales (million TL) & Net Sales Growth (%) Including TAS-29 Inflation Adjustments Excluding TAS-29 Inflation Adjustments 12.109 %-2 11.837 10.492 %49 7.037 2023 2024 2023 2024 18
Slide 19: Gross Profit
Gross Profit Gross Profit (mln TL) & Gross Profit Margin and Growth (%) Including TAS-29 Inflation Adjustments Excluding TAS-29 Inflation Adjustments 34% 30% 40% 36% 3.748 4.123 %-12 %35 3.610 2.783 2023 2024 2023 2024 Gross Profit Margin 19
Slide 20: EBITDA
EBITDA EBITDA(mln TL) & EBITDA Margin and Growth (%) Including TAS-29 Inflation Adjustments Excluding TAS-29 Inflation Adjustments 13% 7% 17% 9% 1.521 1.184 %-43 %-25 893 867 2023 2024 2023 2024 EBITDA Margin 20
Slide 21: Net Profit
Net Profit Net Profit - Attributable to Parent Company (TL mln) & Net Profit Margin (%) Including TAS-29 Inflation Adjustments 7% -4% 897 2023 2024 -454 Net Profit Margin 21
Slide 22: Structure of Indebtedness
Structure of Indebtedness Net Financial Debt (thousand TL) – (Including TAS-29 Inflation Adjustments) Net Financial Indebtedness 31.12.2023 31.12.2024 Short-Term Indebtedness 282.847 1.189.467 Short-Term Portion of Long-Term Bank Loans 1.700.705 1.399.874 Leasing Debts 157.753 126.382 Short-Term Fin
Slide 23: 2025 Guidance
2025 Guidance* Consolidated Sales 14,4 billion TL ± %3 Share of Exports in Consolidated Sales %8 ± %2 Total Sales Point Growth 40 - 50 New Sales Point Consolidated EBITDA Margin %14 ± %1 Net Financial Debt / EBITDA (Including IFRS-16) 1,30x – 1,50x CAPEX 1% - 1.5% of Consolidated Sales * Expectation
Slide 24: Annex
Annex SADIPISCING ELITESI PRAESENT ETES QUAM DIAMES MORBIS MALESUDA NISL EPSUM, EGET DIGNISSIM ESTUS MORONO PORTOS CORDO
Slide 25: Summary Financials - Balance Sheet
Summary Financials - Balance Sheet Including TAS-29 Inflation Adjustments TRY 31.12.2023 31.12.2024 Assets 9.907.534.421 9.831.935.945 Cash and Cash Equivalents 477.633.370 180.345.818 Financial Investments 365.132.978 1.041.568 Trade Receivables 1.118.629.653 778.922.913 Stocks 2.064.322.442 1.804.
Slide 26: Summary Financials - Income Statement
Summary Financials - Income Statement Including TAS-29 Inflation Adjustments TRY 31.12.2023 31.12.2024 Revenue 12.109.162.850 11.836.689.052 Cost of Sales -7.985.710.967 -8.226.802.907 GROS PROFIT 4.123.451.883 3.609.886.145 Operational Expenses - 3.443.186.348 - 3.895.399.383 Other Net Operating In
Slide 27: Disclaimer
Disclaimer The information contained in this presentation has been prepared by Doğanlar Mobilya Grubu İmalat Sanayi ve Ticaret A.Ş. («Doğanlar Furniture Group» or the «Company»). The information contained in this presentation is not intended to be comprehensive, nor has it been independently verifie
Slide 28: DGNMO Investor Relations
DGNMO Investor Relations ir@doganlarmobilyagrubu.com +90 216 425 1224 Gözde Çivici Investor Relations Director & Secretary General www.doganlarmobilyagrubu.com Aysun Vardan doganlarmobilyagrubu Investor Relations Manager
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