Teknosa Ic Ve Dis Ticaret As · BIST:TKNSA
Teknosa Ic Ve Dis Ticaret As — Teknosa İç ve Dış Ticaret A.Ş. — Q1 2021 Earnings Presentation
15 slides from Teknosa Ic Ve Dis Ticaret As's earnings presentation, April 2021
Slide 1: Investor Presentation 1Q21 Results
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Investor Teknosa Presentation 1Q21 Results «Turkey’s Leading Electronics Retailer» April , 2021 Genel
Slide 2: Agenda
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Agenda Main Messages Financial Overview 2 Genel
Slide 3: Main Messages
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Steady growth, 39% increase 39% growth in sales with investments in the Main in sales transformation program, “Teknosa of the New Generation” and customer experience Messages although stores were closed for app.23 days (9 days last year) .1Q21 Sa
Slide 4: Key Drivers for Strong Financial Performance
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Key Drivers for Strong Financial Performance Main Messages Under the transformation program, the Company has undergone a comprehensive transformation period in numerous areas, such as turnover, profitability, cost efficiency, inventory management
Slide 5: Consumer Confidence Index
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION The first quarter of 2021 was 84,8, higher than the same period of the last year. Consumer Despite the ongoing increase in December 2020, customer demand was negatively Confidence Index affected with pandemic conditions and the resumption of we
Slide 6: 1Q21 Results
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Store relocations for 1Q21 sales efficiency Net Sales Area (1Q20 103k sqm) Results (‘000 m2) 97 97 4Q20 1Q21 Steady growth %39,4 39,4% sales increase Net Sales Total compared to the same 1.461 (TL mn) Revenues 1.048 period of the last year,
Slide 7: Electronics Retail Market and Teknosa
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION The electronics retail market(*) grew by 29,7% LfL reaching TL 14,5 bn in 2M21 Electronics Growth by segments: IT 107,3%, Telecom 26%, SDA 23,3%, MDA 18,7% and Retail Market Consumers Electronics 18,3% and Teknosa TSS channel accounts for 27,
Slide 8: 80% growth in online sales
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION 80% growth in online sales 80% 113 202 1Q20 1Q21 Online/retail sales 15% in 1Q21 (11% in 1Q20) 80% increase in online sales compared to 1Q20 with TL 202M in 1Q21 COMPARED TO Q1 LAST YEAR Sales Number of Visit 1,8 TIMES 1,1 TIMES INCREASED INCRE
Slide 9: Agenda
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Agenda Main Messages Financial Overview 9 Genel
Slide 10: OPEX/Sales ratio
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION OPEX/Sales (%) OPEX/Sales ratio 14% 13% 11% 10% 1Q20 1Q21 FY19 FY20 Operational expenses/sales decreased from 14 % in 1Q20 to 11% in 1Q21. Due to falling visitor numbers during Covid-19; rental discounts and short time work allowance continued
Slide 11: Working Capital and Cash Position
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Working Capital Requirement (TL mn) Working TL -68 mn TL -227 mn TL 86 mn Increase in inventory due Capital and 871 1.057 1.246 to increased costs and increased product Cash Position 61 103 106 availability, Decrease in trade 1000 1386 1267 pay
Slide 12: Income Statement Summary
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION (TL mn ) 1Q20 4Q20 1Q21 YoY (%) FY19 FY20 YoY (%) Income Statement Net Sales Gross Profit 1.048 174 1.932 339 1.461 251 39% 45% 4.137 715 5.607 931 36% 30% Summary Gross Profit Margin 16,6% 17,5% 17,2% 0,6pp 17,3% 16,6% -0,7pp EBITDA 61 198 131 114
Slide 13: Balance Sheet Summary
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Assets (in TL mn) Mar-20 Dec-20 Mar-21 Balance Current Assets Ca s h a nd Ca sh Equi va l ents 997 48 1.565 392 1.408 30 Tra de Recei va bl es 61 103 106 Sheet Inventori es Other Current As sets 871 17 1.057 13 1.246 26 Summary Non-current Assets I
Slide 14: 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 14 Genel
Slide 15: 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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