Oyak Cimento Fabrikalari A.s. · BIST:OYAKC
Oyak Cimento Fabrikalari A.s — OYAK Cement Plants — FY2021 Earnings Presentation
16 slides from Oyak Cimento Fabrikalari A.s's earnings presentation, 2021
Slide 1: OYAK Cement Plants (OYAKC) 2021 Financial Results
OYAK Cement Plants (OYAKC) 2021 Financial Results Ünye Plant
Slide 2: Key Messages & Financial Highlights
Key Messages & Financial Highlights 2021 YTD vs 2020 YTD Net Sales EBITDA Net Income 4,681 m TL +60% 1,039 m TL +89% 725 m TL +102% Gross Profit EBITDA Margin Net Income Margin 1,143 m TL +98% 22% +300 bps 15% +300 bps YTD Performance in 2021: > Revenues increased by 60% > EBITDA increased by 89% an
Slide 3: Financial Results
Financial Results Profit margin continues its upward trend Sales Revenue (m TL) EBITDA* (m TL) & Margin (%) +60% 4,681 22% 19% +34% 14% 2,932 2,185 +89% 1,039 +75% 550 315 FY19 FY20 FY21 FY19 FY20 FY21 3 * EBITDA : Operating profit / (loss) + Amortization and depreciation
Slide 4: Financial Results: Continuous increase every quarter
Financial Results Continuous increase every quarter +58% Sales Revenue (m TL) 1,530 +90% +34% 1,138 1,165 +71% 970 848 868 599 495 1Q20 1Q21 2Q20 2Q21 3Q20 3Q21 4Q20 4Q21 1,000 900 EBITDA* (m TL) 800 700 600 +30% 500 +281% +43% 400 +319% 325 300 259 267 250 188 187 200 100 45 68 0 1Q20 1Q21 2Q20 2Q2
Slide 5: Income Statement
Income Statement EBITDA margin growth continues m TL FY19 FY20 FY21 ∆% Sales revenue 2.185 2.932 4.681 60% Cost of sales (1.853) (2.354) (3.537) 50% Operating expenses (213) (246) (307) 25% Other operating income / (expenses) 43 53 8 -85% Operating profit / (loss) 162 385 844 119% Other income / (ex
Slide 6: 2021 Peer Financial Comparison
2021 Peer Financial Comparison Outstanding performance in the sector +60% +80% +46% +46% Sales Revenue OYAKC Competitor 1 Competitor 2 Competitor 3 +89% +77% +32% +24% EBITDA OYAKC Competitor 1 Competitor 2 Competitor 3 -3 -1 +3 -2 EBITDA Margin (%) FY 20 FY 21 OYAKC Competitor 1 Competitor 2 Compet
Slide 7: Balance Sheet
Balance Sheet OYAK Cement Plants (OYAKC) m TL FY19 FY20 FY21 m TL FY19 FY20 FY21 Current assets 1.492 1.909 2.601 Current liabilities 821 1.554 1.386 Cash and cash equivalents 369 449 315 Short term borrowings 369 810 146 Financial investments 52 86 162 Trade payables 338 607 1.014 Trade receivables
Slide 8: Net Working Capital
Net Working Capital NWC (Net Working Capital) % 3,500 35 31% 30 3,000 23% 25 21% 2,500 20 1,001 15 2,000 10 1,500 672 1,246 5 678 m TL 1,000 0 926 662 -5 500 769 -10 353 352 0 -15 -338 -607 -500 -1,014 -20 -25 Trade receivables -1,000 -30 Inventories -1,500 -35 Trade payables FY19 FY20 FY21 NWC as a
Slide 9: Net Debt (m TL)
Net Debt (m TL) Net debt leverage improved Net Debt Net Debt / EBITDA (LTM) 295 1.14 358 369 -10 810 146 0.54 410 321 19 -369 -315 -449 -0.01 -52 -162 FY19 FY20 FY21 -86 FY19 FY20 FY21 Short term liabilities Long term liabilities Cash and cash equivalents Financial investments 9 * Net debt : Short t
Slide 10: CAPEX Development (m TL)
CAPEX Development (m TL) 334 286 194 119 FY20 1H21 3Q21 FY21 10
Slide 11: Appendix
Appendix
Slide 12: Cash Flow
Cash Flow OYAK Cement Plants (OYAKC) m TL FY19 FY20 FY21 Cash flow from operating activities 258 512 643 Profit from continuing operations 114 359 725 Taxation on continuing operations (54) (43) (168) Changes in working capital (17) (25) (260) Other 215 221 346 Cash flow from investing activities (9
Slide 13: OYAK White Cement
OYAK White Cement Market Positioning 11 Languages 13 www.oyakwhitecement.com
Slide 14: OYAK White Cement: i-deal application
OYAK White Cement i-deal application Mobile Application for Dealers and Customers (I-DEAL) > Access to all product analysis reports with QR code > Access to facility information and sales team information > Product sheets/ catalog/ video > Access to sectoral information 14
Slide 15: OYAK Cement Plants
OYAK Cement Plants 15 Cementum Duracem Starcem Duracem Plus Sulphate Resisting Super White Extra White Portland Cement Cement Cement
Slide 16: Disclaimer
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 v