Iskenderun Demir Ve Celik As · BIST:ISDMR
Iskenderun Demir Ve Celik As — Q1 2019 Earnings Presentation
15 slides from Iskenderun Demir Ve Celik As's earnings presentation, Apr 26, 2019
Slide 1: ISDEMIR
ISDEMIR MINING METALLURGY Gi @ak ))
Slide 2: 2019 3 Months Investor Presentation
2019 3 Months Investor Presentation 26.04.2019
Slide 3: Disclaimer
Disclaimer İskenderun Demir ve Çelik A.Ş. (İsdemir) may, when necessary, make written or verbal announcements about forward-looking information, expectations, estimates, targets, assessments and opinions. İsdemir has made the necessary arrangements about the amounts and results of such information t
Slide 4: Operational and Financial Highlights
Operational and Financial Highlights Operational Highlights 2017 2018 3M 2018 3M 2019 Growth (YoY) Liquid Steel Production (000 tons) 5,720 5,840 1,446 1,418 -1.9% Flat Steel Production (000 tons) 4,259 4,529 1,093 1,040 -4.8% Long Steel Production (000 tons) 1,328 980 251 315 25.5% Flat Steel Shipm
Slide 5: Liquid Steel Production (000 tons)
Liquid Steel Production (000 tons) +2.1% 5,665 5,720 5,840 5,228 1,446 1,480 1,418 2015 2016 2017 2018 Q1 2018 Q4 2018 Q1 2019 5
Slide 6: Crude Steel Capacity Utilization Ratio
Crude Steel Capacity Utilization Ratio 100% 99% 100% 98% 98% 92% 87% 78% 76% 72% 70% 69% 2013 2014 2015 2016 2017 2018 3M 2019 İsdemir World* 6 *As of August 2018, Worldsteel no longer publishes global capacity utilization ratio for anti-trust reasons. Source: Worldsteel
Slide 7: Production (000 tons)
Production (000 tons) 5,452 5,587 5,509 5,058 1,328 980 1,572 1,563 1,344 1,380 1,355 4,529 251 296 315 3,880 4,259 3,495 1,093 1,084 1,040 2015 2016 2017 2018 Q1 2018 Q4 2018 Q1 2019 Long Flat 7 Slab production was included in flat production.
Slide 8: Sales Volume (000 tons)
Sales Volume (000 tons) Total sales increased by 10.9% YoY in Q1 2019. 5,524 5,614 5,332 4,953 1,587 1,365 920 1,552 +10.9% 1,331 1,412 1,273 4,412 249 263 336 3,937 4,249 3,401 1,024 1,068 1,076 2015 2016 2017 2018 Q1 2018 Q4 2018 Q1 2019 Long Flat 8 Intra-group slab sales were included in flat sal
Slide 9: Net Sales Revenue (USD mn)
Net Sales Revenue (USD mn) Export revenue increased by 78.0% YoY in Q1 2019. 3,291 2,917 693 443 2,181 2,147 293 312 781 788 758 118 209 2,474 2,598 210 1,888 1,835 663 579 548 2015 2016 2017 2018 Q1 2018 Q4 2018 Q1 2019 Export Domestic 9 Intra-group slab sales revenues were included in flat sales r
Slide 10: EBITDA & Net Profit
EBITDA & Net Profit EBITDA (USD mn) EBITDA Margin (%) 30.6% 34.1% 25.0% 17.8% 36.1% 31.6% 22.3% 1,122 891 536 281 249 389 169 2015 2016 2017 2018 Q1 2018 Q4 2018 Q1 2019 Net Profit (USD mn) Net Profit Margin (%) 22.4% 25.9% 9.7% 14.5% 26.5% 26.3% 12.9% 851 654 207 207 212 312 98 2015 2016 2017 2018
Slide 11: EBITDA per Ton (USD/ton)
EBITDA per Ton (USD/ton) 208 156 118 98 83 2015 2016 2017 2018 Q1 2019 Main Product 11
Slide 12: Cost of Sales Breakdown (%)
Cost of Sales Breakdown* (%) 7 6 6 7 7 5 3 5 3 5 6 7 5 4 3 9 Raw Materials Personnel Expenses Purchased Energy Expenses 79 81 81 Depreciation and Amortization Exp. 71 Other 2016 2017 2018 Q1 2019 Raw Materials Breakdown (%) 20 14 16 16 16 16 14 Iron Ore&Pellet 17 34 35 Coal 27 35 Scrap Other 36 36 3
Slide 13: Number of Employees
Number of Employees 5,613 5,262 5,028 4,863 4,724 4,684 2014 2015 2016 2017 2018 Mar. 2019 13
Slide 14: Appendix – EBITDA Detail
Appendix – EBITDA Detail 01.01.2019- 01.01.2019- Note 31.03.2019 31.03.2019 (Thousand USD) (Thousand TRY) Presentation Currency Translation 2.1 5.3578 Operating Profit 141,109 756,034 Depreciation and Amortisation Expenses 28,224 151,218 Cost of Sales 14 27,236 145,925 Marketing Expenses 15 836 4,48
Slide 15: İsdemir Investor Relations
İsdemir Investor Relations investorrelations@erdemir.com.tr www.isdemir.com.tr/yatirimcilar/ +90 216 578 80 61 15
İskenderun Demir ve Çelik A.Ş. (İsdemir) — Q1 2019 Earnings Presentation on 6ix