Tat Gida Sanayi A.s. · BIST:TATGD
Tat Gida Sanayi A.s — Tat Gıda Sanayi A.Ş. — Q1 2018 Earnings Presentation
10 slides from Tat Gida Sanayi A.s's earnings presentation, April 2018
Slide 1: Investor Presentation – April 2018
Investor Presentation – April 2018 Updated by 3M-2018 financials 1
Slide 2: Net Sales Breakdown by Product Group (TL Mn)
Net Sales Breakdown by Product Group (TL Mn) Total 1074 981 65 911 58 817 52 696 60 635 60 544 492 441 394 265 264 21 14 367 379 374 151 154 315 242 93 96 2013* 2014* 2015 2016 2017 2017-1Q 2018-1Q Tomato Paste & Canned Food Dairy Pasta *Harranova tomato and Maret business figures excluded due to th
Slide 3: Gross Profit (TL Mn)
Gross Profit (TL Mn) 300 24,0% 23,5% 23,5% 250 23,0% 22,7% 22,6% 239 22,6% 200 230 22,5% 22,2% 205 22,0% 21,7% 150 21,5% 172 158 100 21,0% 21,1% 20,5% 50 58 60 20,0% 0 19,5% 2013* 2014* 2015 2016 2017 2017-1Q 2018-1Q Gross Profit GP Margin % *Harranova tomato and Maret business figures excluded due
Slide 4: Net Sales Breakdown by Region (%)
Net Sales Breakdown by Region (%) 93 91 91 90 91 7 10 9 9 9 2013* 2014* 2015 2016 2017 Domestic Export *Harranova tomato and Maret business figures excluded due to the discontinued operations. 4
Slide 5: Operating Profit (TL Mn)
Operating Profit (TL Mn) 70 7,0% 6,4% 6,4% 60 6,0% 5,6% 63 5,1% 50 58 5,0% 4,7% 40 50 4,0% 42 3,8% 30 39 3,3% 3,0% 20 2,0% 10 1,0% 10 9 0 0,0% 2013* 2014* 2015 2016 2017 2017-1Q 2018-1Q Operating Profit OP Margin % *Harranova tomato and Maret business figures excluded due to the discontinued operati
Slide 6: EBITDA (TL Mn)
80 EBITDA (TL Mn) 9,0% 70 7,6% 7,5% 7,6% 8,0% 74 68 7,0% 60 6,2% 63 5,9% 6,0% 50 53 4,7% 5,0% 51 4,4% 40 4,0% 30 3,0% 20 2,0% 10 1,0% 12 12 0 0,0% 2013* 2014* 2015 2016 2017 2017-1Q 2018-1Q EBITDA EBITDA Margin % *Harranova tomato and Maret business figures excluded due to the discontinued operation
Slide 7: Income Before Tax (TL Mn)
80 Income Before Tax (TL Mn) 8,0% 7,0% 7,1% 70 7,0% 69 6,0% 60 6,0% 5,6% 64 65 50 5,0% 4,6% 4,3% 4,1% 40 4,0% 30 35 3,0% 32 20 2,0% 10 15 1,0% 11 0 0,0% 2013* 2014* 2015 2016 2017 2017-1Q 2018-1Q Income Before Tax IBT Margin % *Harranova tomato and Maret business figures excluded due to the disconti
Slide 8: Net Income (TL Mn)
Net Income (TL Mn) 80 8,0% 7,4% 70 6,6% 7,0% 67 65 5,7% 60 6,0% 50 61 5,0% 4,4% 4,0% 3,9% 40 4,0% 30 33 3,0% 20 2,0% 10 1,0% 0,4% 12 10 0 2 0,0% 2013 2014* 2015 2016 2017 2017-1Q 2018-1Q Net Income NI Margin *Maret asset sales income excluded. 8
Slide 9: Net Financial Debt / Assets (TL Mn)
900 Net Financial Debt / Assets (TL Mn) 50,0% 800 45,0% 43,6% 40,0% 700 799 786 35,0% 600 691 30,0% 500 664 655 25,0% 400 527 20,0% 300 15,6% 14,1% 12,3% 15,0% 200 230 10,8% 10,0% 100 4,4% 125 5,0% 94 71 97 0 31 0,0% 2013* 2014* 2015 2016 2017 2018-1Q Assets Net Financial Debt Margin % *Harranova to
Slide 10: Net Financial Debt / EBITDA (TL Mn)
5,0 Net Financial Debt / EBITDA (TL Mn) 4,5 4,0 4,4 74 3,5 68 63 62 3,0 53 2,5 2,0 51 1,5 1,8 2,0 1,5 1,0 0,5 1,0 0,0 0,4 2013* 2014* 2015 2016 2017 2018-1Q 230 EBITDA Net Financial Debt / EBITDA (rolling) 250 225 200 Net Financial Debt 175 125 150 94 97 125 71 100 75 31 50 25 0 2013* 2014* 2015 201