Biotrend Cevre Ve Enerji Yatirimlari As · BIST:BIOEN
Biotrend Cevre Ve Enerji Yatirimlari As — Biotrend Çevre ve Enerji Yatırımları A.Ş. — Investor Presentation (September 2024)
34 slides from Biotrend Cevre Ve Enerji Yatirimlari As's investor presentation, Sep 30, 2024
Slide 1: Investor Presentation
Investor Presentation 30 September 2024
Slide 2: Agenda
Agenda 01 Company Overview 02 Investment Highlights 03 Strategy and Sustainable Growth Targets 04 Financial Results 05 Annex 2
Slide 3: Developments in 2024 Q3
Developments in 2024 Q3 The verification and validation process for 823k tons of carbon credits at Balıkesir facility has been completed and its ready for sale. The electromechanical operations for the production of 40 tons/day of compost have been completed at Bergama Facility and commissioning pro
Slide 4: Company Overview
Grew » Company Overview
Slide 5: Türkiye's Only and Largest Publicly Traded Integrated Platform
Company Overview 2021 2017 ▪ Biotrend is publicly traded in Borsa Istanbul since Türkiye’s Only ▪ Founded in 2017, Biotrend Çevre ve Enerji Yatırımları A.Ş. April 2021 under the ticker «BIOEN». ▪ Indexes Biotrend included in: BIST STARS / (“Biotrend” or the “Company”) is And Largest Türkiye's only a
Slide 6: Shareholding Structure
Shareholding Structure Biotrend* Shareholding About Doğanlar Holding A.Ş. Structure Apart from its activities in the field of energy, Doğanlar Holding also has investments in furniture, 5.9% construction and retail. Strong and European Bank For Reconstruction & Development (EBRD) Furniture Construct
Slide 7: 2024/Q3 – Biotrend at a Glance
2024/Q3 – Biotrend at a Glance 17 2.445 thousand tons 5.6 Years 1.9 million TRY Total Facilities Waste (organic waste) Average remaining YEKDEM term Revenues Disposal 114.2 MWe 10+ Fields 133 USD/MW & 302 million TRY Total Installed Capacity Other existing and planned EBITDA activities other than en
Slide 8: 17 Facilities, 114.2 MWe
9 City, 17 Facilities 17 Facilities 8 Integrated Waste Management and Çanakkale Bursa Energy Generation 1 facility 2 facilities Balıkesir 1 facility Sivas 2 facilites 6 Uşak Energy Generation 1 facility Malatya 3 facilities Facilities (2 biomass burning İzmir 4 facilities technology) Aydın 2 facilit
Slide 9: Investment Highlights
Grew » 1Ay Investment Highlights
Slide 10: Investment Highlights
Türkiye's Only and Largest Publicly Traded Integrated Waste Management, Energy 1 Generation and Bio-circular Economy Platform 2 Integrated Waste Management Benefiting from Revenue Diversification Including a New Plastic Upcycling Facility, Carbon Trading, Recycling and Greenhouse Farming Strong Glob
Slide 11: Türkiye's Only and Largest Publicly Traded Integrated Platform
1 Türkiye’s Only Key Considerations Licence Capacity, End of Period Installed Capacity and Average Installed Capacity (Mwe) And Largest ▪ As of 30.09.2024, Turkey's only and largest publicly Publicly traded waste management and energy generation player, with 114.2 Mwe total installed capacity, 167.1
Slide 12: Current and Prospective Activities
2 Current and Prospective Activities Waste sorting Electricity generation Recyclable waste (such as glass, RDF Gas output from wastes buried in plastic, pet bottles, tin, nylon, etc.) is An alternative type of solid waste that is landfill or biomethanization tanks in separated from other waste obtai
Slide 13: Carbon Certification Projects
2 Carbon Certification Projects 3 different certification 2022 – 30.09.2024 Apart from the reserve, programs covering all total carbon credit certified emissions our operations revenue reduction credit each year VCS GCC ICR 7.3 Million USD 2-3 Million Tons Due to the absence of favorable market cond
Slide 14: Greenhouse Farming
2 Greenhouse Farming Türkiye's First Modern Glass Greenhouse Project Using Waste Energy from Biogas Plant Hydroponic Agriculture Technology Tomato Production Target of ~2.000-2.500 Tons/Year %100 Export Target 14
Slide 15: Plastic Upcycling - What is Plastic Upcycling?
2 Plastic Upcyling - What is Plastic Upcyling? Mechanical Recycling Chemical Recycling Landfill or RDF Today Market Today RDF Today Landfill Tomorrow Recycle Tomorrow Upcycle Tomorrow RDF 15
Slide 16: The Demand For Sustainability Of Plastics Is Accelerating
2 The Demand For Sustainability Of Plastics Is Accelerating Consumer Packaged Petrochemicals Goods companies FMCG Companies are increasingly committed to use recycled plastic in their packaging due to environmental concerns, regulatory pressures and changing consumer expectations. Imposing on the us
Slide 17: Plastic Upcycling - Aliağa Project
2 Plastic Upcycling - Aliağa Project TRANSACTION OVERVIEW – PROJECT OVERVIEW PLANT LOCATION / FEED STOCK INCENTIVE Feedstock From Biotrend’s Western ➢ 60 kmta plant based on a proven, sustainable and Region Facilities TL 9.2 bn Super State Incentive profitable advanced recycling technology acquired
Slide 18: Plastic Upcycling – Operational Steps
2 Plastic Upcycling – Operational Steps Mixed Municipal Waste Bailing 1 2 1 Plastic materials are separated from mixed municipal waste coming to our facilities. Current Investments Sorting 2 Sorted plastic raw materials (LDPE, PP and PS) are prepared for the Upcycling Project. 3 Plastics are obtaine
Slide 19: Strong Global and Local Will Supporting Growth
3 2 Strong Global and Local Will Supporting Domestic & International Growth 1 3 Expectations & Renewable Energy EU Directives Ease of Access Carbon Emissions to Financing Green Consensus Sources Circular Economy Green Financing Sources Zero Waste Project Sustainable Agriculture Carbon Border Adjustm
Slide 20: Sustainable and Eco-Friendly Platform
4 ▪ In 2021, Biotrend became the UN Global Compact & UN Women signatory of the UN Global Compact ▪ In 2023 became the signatory of the UN Women Sustainable ▪ Carbon Certification Projects &Sustainability Projects and Eco- ▪ Plastic Upcycling Zero-Carbon and Sustainability ▪ Continuous effort to impr
Slide 21: Strategy and Sustainable Growth Targets
Strategy and Sustainable Growth Targets
Slide 22: Strategy for Sustainable Growth Targets
Strategy for Sustainable Growth Targets Domestic & International Vertical Growth International Organic & Inorganic Growth ▪ Cyclical raw material sales through increased plastic ▪ Seizing opportunities upcycling project capacity to 250 with strategic global ktpa & Investing in mechanical Domestic Or
Slide 23: Upcycle – Freepoint Eco-Systems Partnership
2 Upcycle – Freepoint Eco-Systems Partnership Envisaged Structure According to the non-binding Term Sheet, the collaboration Doğanlar Osman Publicly between the companies is to develop upcycling projects in Freepoint EBRD regions such as Turkey, the Balkans and Central Asia. Holding N. Vardı Traded
Slide 24: Financial Results
Grew » | ool Financial Results
Slide 25: Revenues & EBITDA
Revenues & Revenues (TRY Million) EBITDA (TRY Million) EBITDA Including IAS-29 Inflation Adjustments Including IAS-29 Inflation Adjustments 2,331 -17% 22% 16% 1,943 510 - 41% 302 2023 9M 2024 9M 2023 9M 2024 9M EBITDA Margin EBITDA : Gross Profit – Operating Expenses + Depreciation&Amortization Expe
Slide 26: Gross Profit & Net Profit
Gross Profit (TRY Million) Net Profit (TRY Million) Gross Profit & Including IAS-29 Inflation Adjustments Including IAS-29 Inflation Adjustments Net Profit 29% 12% 667 12% 5% -67% 286 - 66% 221 97 2023 9M 2024 9M 2023 9M 2024 9M Gross Profit Margin Net Profit Margin 26
Slide 27: Net Financial Debt
Net Financial Debt Net Financial Indebtedness (TRY million) 31.12.2023 30.09.2024 Short-Term Indebtedness 379 1.430 Short-Term Portion of Long-Term Bank Loans 852 526 Leasing Debts 18 36 Short-Term Financial Indebtedness 1.249 1.992 Long-Term Indebtedness 2.925 1.932 Leasing Debts 67 50 Long-Term Fi
Slide 28: Annex
Annex
Slide 29: Balance Sheet
Balance Sheet TRY Million Cash and Cash Equivalents 31.12.2023 200 30.09.2024 160 Trade Receivables 339 201 Stocks 442 366 Prepaid expenses 332 251 Others 244 139 CURRENT ASSETS 1.557 1.117 Investments Accounted for Using Equity Method 382 362 Tangible Assets 6.283 6.014 Right-of-Use Assets 159 202
Slide 30: Income Statement
Income Statement TRY MILLION 30.09.2023 30.09.2024 Revenue 2.331 1.943 Cost of Sales -2.045 -1.846 Gross Profit 286 97 General Administrative Expenses -248 -380 Marketing Expenses -2 -5 Other Operating Income 472 126 Other Operating Expenses -128 -102 Operating Profit / (Loss) 380 -264 Income from I
Slide 31: Facility photos
AYDIN-ÇINE BERGAMA BIOMASS LANDFILL GAS ELECTRICITY ELECTRICITY GENERATION GENERATION FACILITY FACILITY SİVAS GREENHOUSE FARMING 31
Slide 32: Awards
Awards Bronze Award in the Sustainable Energy 6th Türkiye Energy and Climate Forum - Our “Renewable Energy Brand of the Year” award at Energy and Natural Resources Summit Our Energy category at the EBRD Sustainability Awards 2022 Energy Our Future Awards the Türkiye Innovation and Success Awards is
Slide 33: Disclaimer
Disclaimer The information contained in this presentation is provided by Biotrend Çevre ve Enerji Yatırımları A.Ş (“Biotrend” or “Company”). The information contained in this presentation is not meant to be comprehensive and has not been independently verified. The information used in the presentati
Slide 34: Thank you!
Biotrend Investor Relations Gözde Çivici Investor Relations Director & Corporate Secretary Şeyma İnayet Uygur Investor Relations Executive yatirimci.iliskileri@biotrendenerji.com.tr +90 216 693 03 80 www.biotrendenerji.com.tr BiotrendA Biotrend Enerji biotrendenerji Thank you!
Biotrend Çevre ve Enerji Yatırımları A.Ş. — Investor Presentation (September 2024) on 6ix