Teknosa Ic Ve Dis Ticaret As · BIST:TKNSA
Teknosa Ic Ve Dis Ticaret As — Teknosa İç ve Dış Ticaret A.Ş. — Q2 2018 Earnings Presentation
16 slides from Teknosa Ic Ve Dis Ticaret As's earnings presentation, Aug 7, 2018
Slide 1: Investor Presentation 2Q18 Results
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Investor Teknosa İç ve Dış Ticaret A.Ş. Presentation 2Q18 Results «Turkey’s Leading Electronics Retailer» Ümit Kocagil, CFO H.Şenay Akıncı Özertan, Finance and Investor Relations Manager August 7, 2018 Genel
Slide 2: Agenda
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Agenda Results at a Glance Financial Overview Year-end Guidance 2 Genel
Slide 3: Main messages
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION %6 top-line growth is the Ø Teknosa reported 8% LfL growth in 2Q18( 12% Main outcome of improvement in 1H18) messages in basket size and increase Ø Bundling & cross promotion of products in LfL positively affected basket sizes. Intensified competit
Slide 4: Decreasing trend in CCI
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Ø The consumer confidence index shows a decreasing trend since the Decreasing beginning of the year and CCI falls to 69,9 in May, lowest level in 2018. The main reason for the deterioration in CCI stems from volatility in the foreign trend in CCI e
Slide 5: 2Q18 Results
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION 2Q18 Ø 6K sqm YoY reduction Net Sales Area in the net sales area to Results (‘000 m2) 115 109 optimise operational efficiency. 2Q17 2Q18 Ø 6% YoY sales growth in 2Q18 Net Sales Total despite economic 842 892 (TL mn) Revenues slowdown (M TL) 2Q17 2Q
Slide 6: Electronics Retail Market and Teknosa
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Electronics Ø The panelmarket grew by 17% YoY, reaching TL 29bn in 1H18 Retail Market Ø YoY growth in all categories –Telecom by 29%, SDA by 19%, CE by 15%, IT by 9% and MDA by 0,7% and Teknosa Ø TSS channel accounts for 19,5 % of the total market
Slide 7: Income Statement Summary
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION (TL mn ) 2Q17 1Q18 2Q18 YoY (%) 1H17 1H18 YoY (%) Income Net Sales 842 808 892 6% 1.531 1.701 11% Statement Gross Profit 153 147 154 0% 289 301 4% Summary Gross Profit Margin 18,2% 18,2% 17,2% -1,0pp 18,9% 17,7% -1,2pp EBITDAR 82 75 76 -6% 148 152
Slide 8: Digital transformation projects
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Digital teknosa.com Revenues (TLmn) transformation projects accelerated in 2Q18 +14% +13% 86 98 48 54 1H17 1H18 2Q17 2Q18 Ø Effective digital marketing campaigns for Mother and Father’s day especially in SDA and IT categories increased revenues in
Slide 9: Stable Performance in OPEX/Sales
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION OPEX/Sales (%) Stable Perfomance in OPEX/Sales ratio 15% 15% 15% 14% 2Q17 2Q18 1H17 1H18 Ø Despite adverse impact of foreign exchange rates on rent, Opex/Sales ratio was stable on QoQ and YoY. Ø Focus on opex optimization will be maintained. 9 Gene
Slide 10: Working Capital and Cash Position
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Working Capital Requirement (TL mn) Working TL -200 mn TL 20 mn TL -2 mn Capital and Extended payment terms with suppliers 516 Cash Position 418 478 64 96 increased trade 56 payables and it 522 613 675 helped to improve WCR QoQ. 4Q17 1Q18 2Q18 T.Re
Slide 11: Agenda
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Agenda Results at a Glance Financial Overview Year-end Guidance 11 Genel
Slide 12: Balance Sheet Summary
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Assets (in TL mn) Jun-17 Mar-18 Jun-18 Balance Current Assets Cash and Cash Equivalents 575 15 578 21 679 25 Sheet Trade Receivables Inventories 89 457 64 478 96 516 Summary Other Current Assets Non-current Assets 14 178 15 173 43 175 Investment Pr
Slide 13: Agenda
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Agenda Results at a Glance Financial Overview Year-end Guidance 13 Genel
Slide 14: 2018 Full Year Financial Guidance
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION 2018 Full Year Ø Due to uncertainties in global and domestic markets, we prefer to share Financial our 2018 guidance on a wide range Guidance Ø Accordingly, we expect to see a high single digit or low double digit LfL growth for 2018 Ø We expect ou
Slide 15: Thank You
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Thank You Contact Information: H.Şenay Akıncı Özertan– Finance and Investor Relations Manager +90 (216) 468 37 46 sozertan@teknosa.com IR web page: http://yatirimci.teknosa.com/homepage IR e-mail: yatirimciiliskileri@teknosa.com 15 Genel
Slide 16: Disclaimer
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Disclaimer The information and opinions contained in this document have been compiled or arrived at by Teknosa from sources believed to be reliable and in good faith, but no representation or warranty, expressed or implied, is made as to their accu
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