Turkiye Sise Ve Cam Fabrikalari A.s. · BIST:SISE
Turkiye Sise Ve Cam Fabrikalari A.s — Şişecam — H1 2021 Earnings Presentation
17 slides from Turkiye Sise Ve Cam Fabrikalari A.s's earnings presentation, Aug 3, 2021
Slide 1: Analyst & Investor Call H1'21
ŞİŞECAM Analyst & Investor Call H1’21 Görkem Elverici, CEO August 3, 2021
Slide 2: Content
Content H1’21 & Historical Key Financial Results Liquidity & Capital Allocation Sustainability One Şişecam Journey 2
Slide 3: H1'21 Key Financial Results
H1’21 Key Financial Results Net Income After Revenue (TL mn) Gross Profit (TL mn) EBITDA (TL mn) Minority Interest (TL mn) 12.777 36% 45% 4.553 29% 29% 8.834 7.091 3.712 21% 21% 2.617 4.220 2.583 2.085 2.732 1.086 1.864 6% 1.384 720 5.686 4.615 1.936 1.496 1.627 1.144 527 1.348 85 442 H1'20 H1'21 H1
Slide 4: H1'21 Segmental Revenue and EBITDA
H1’21 Segmental Revenue and EBITDA Architectural Glass Auto Glass (TL mn) Glassware (TL mn) Glass Packaging Chemicals (TL mn) (TL mn) (TL mn) 33% 3.627 34% 30% 31% 28% 3.038 27% 2.463 1.987 10% 2.424 12% 1.964 1.855 1.813 1.822 1.556 13% 1.319 1.312 1.298 957 859 -1% 1.061 747 862 578 1.640 541 1.22
Slide 5: H1'21 Segmental Revenue and EBITDA
H1’21 Segmental Revenue and EBITDA Diversified Revenue Mix Revenue Bridge (TL mn) 2% 19% 28% H1'21 24% 12% 15% Diversified EBITDA Mix Adjusted EBITDA Bridge (TL mn) 27% 34% H1'21 4% 24% 14% 5
Slide 6: H1'21 Regional Results
H1’21 Regional Results Geographic Revenue Mix Regional Breakdown of Exports from Turkey 3% 5% 14% 12% 36% 10% H1'21 H1'21 50% 27% 10% 20% 13% Sales in Turkey Exports from Turkey Europe Middle East North America Europe Russia, Ukraine and Georgia Asia North Africa Other Other Top 10 Export Countries
Slide 7: Debt Position
Debt Position Liquidity and Debt Structure (TL mn) Net Debt Bridge (TL mn) 18.311 Net Debt: USD 391mn Net Debt 3.404 Net Debt/EBITDA 3.662 0.42x Marketable Sec. Cash & Cash 11.245 Equ. 66% Fixed Int. Rate vs. 34% Variable Int. Rate H1'21 Term Structure of Gross Debt (TL mn) 18.311 Other USD RUR Othe
Slide 8: FCF & Capex
FCF & Capex (TL mn) H1'20 H1'21 Change CAPEX Breakdown (H1’21) Net Profit 862 2.765 1.902 Non Cash Items 1.043 960 -83 8% Changes in Working Capital -1.388 -1.617 -229 25% Cashflow from operations 518 2.107 1.590 18% Interest received,net -367 -375 -8 Dividend paid,net -454 -482 -29 Taxes paid -323
Slide 9: Sustainability
tainabilit me Pe VIS PAV= i Jetyryyia’
Slide 10: Our Sustainability Strategy
Our Sustainability Strategy 10
Slide 11: Our Impacts on Priority Areas
Our Impacts on Priority Areas Şişecam’s New Policy on Circular Economy and Waste #1: Continously improve Şişecam’s Standard in Waste Management #2: Value Circular Economy and Saving Opportunities Saved 256,000 Circular #3: Treat waste as a material or energy resource tons of glass cullet Economy #4:
Slide 12: Our Impacts on Priority Areas
Our Impacts on Priority Areas Women Employees: Women Women on Board: 21.3 % at Every 44 % Leader in the Glass Process Diversity & Inclusion at Sector Workplace • 18,830 people have been provided • Şişecam Çayırova Sports Club in Turkey with healthcare services in India has supported 8,000 children f
Slide 13: Our Impacts on Priority Areas
Our Impacts on Priority Areas Combatting Climate Change Sustainable • Strategy on Combatting • Lightweight-Glass Packaging Products Climate Change Design • Low-e Glass Products • %14 less CO2 • Roof-top Solar Energy Digitalized Projects Production • V-Block Chain with Healthy Living & Social Comfort
Slide 14: CareforNext: Protect the Planet
“CareforNext ©: , :." Protect the PLANET ' 2022-2050) me R SO: oe = “<a * Climate ¢ : i * Digitalized Value Chain + Water Us¢ . ; sity sior »)Sustainaple Products * Circular anc ° 7 nag t * Valuc-Added Cooperation and Proc « ent PF rtnerships
Slide 15: One Şişecam Journey
2014-2020 - Q1-Q3 2020 = Q4 2020 . 2021 = 2022-2023 Corporate eernicrtne SIMPLIFICATION OF THE REMAINING CORPORATE STRUCTURI Structure LOCATED IN & OUTSIDE OF TURKEY Simplification @ Supply Chain Supply Chain Center of Excellence ISLIVE Organization IS LIVE Selling & Marketing Center of Excellence O
Slide 16: Thank You
THANK YOU 16
Slide 17: Disclaimer
Disclaimer This information in this document has been obtained by T. Şişe ve Cam Fabrikaları A.Ş. (“Şişecam” from sources believed to be reliable, however, Şişecam cannot guarantee the accuracy , completeness, or correctness of such information. This document has been issued for information purposes