Cimsa Cimento Sanayi Ve Ticaret A.s. · BIST:CIMSA
Cimsa Cimento Sanayi Ve Ticaret A.s — Q3 2020 Earnings Presentation
34 slides from Cimsa Cimento Sanayi Ve Ticaret A.s's earnings presentation, 2020
Slide 1: Investor Presentation 2020 Q3
INVESTOR PRESENTATION 2020 Q3
Slide 2: Disclaimer
MeO Disclaimer The information and opinions contained in this document have been compiled by Cimsa Cimento Sanayi ve Ticaret AS. (“CIMSA’) from sources believed to be reliable and in good faith, but no representation or warranty, expressed or implied, is made as to their accuracy, completeness or co
Slide 3: Market Outlook
Market Outlook www.cimsa.comtr
Slide 4: Turkish Cement Market
cimOQ Turkish Cement Market Increase in cement consumption in 2020 Sep YTD is 18% when compared to the same period of 2019 GDP growth in 2019 is 0,9% Decrease in cement consumption in 2019 is - 29.4% -@ Domestic Cement Consum tion Growth 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 20
Slide 5: Turkish Cement Market
Turkish Cement Market 98 Mt 71 Mt
Slide 6: Turkish Cement Market
cim Turkish Cement Market Sabanci Cement Group is the leader of Turkish cement market with 16% market share based on clinker capacity 17% www.cimsa.com.tr
Slide 7: Global White Cement Market
Global White Cement Market ▪ : CW Global White Cement Report, OneStone Research White Cement Outlook
Slide 8: Global White Cement Market
Global White Cement Market ▪ ▪ ▪ : CW Global White Cement Report, OneStone Research White Cement Outlook
Slide 9: Overview of Çimsa
Overview of Cimsa wwweimsacomtr g
Slide 10: Çimsa Cement – History and Development
Çimsa Cement – History and Development ▪ ▪
Slide 11: Strategy Roadmap
Strategy Roadmap • • • • • • • • • • Transformation & Big Data Analytics Management, Cultural Transformation and Building Next Generation Çimsa Sustainability
Slide 12: Çimsa Grey – Solid Network
Çimsa Grey – Solid Network 6.2 Mt 1.6 Mt
Slide 13: Çimsa Grey – Operational Excellence
Specific Heat Consumption (kcal/kg cli) 600 650 700 750 800 850 900 950 Iraq Afyon #1 Nigde #1 Russia Algeria ▪ Kayseri #1 Algeria Azerbaijan Algeria Nigeria Russia Switzerland Morocco Greece Nigeria Morocco Morocco Switzerland Eskisehir #2 Jordan Mersin #1 Romania Morocco Greece U.K. Serbia Moldova
Slide 14: Çimsa Grey – Strong Export Capabilities
Çimsa Grey – Strong Export Capabilities
Slide 15: Çimsa White – Main Application Areas
Çimsa White – Main Application Areas
Slide 16: Çimsa White – Market Positioning
Çimsa White – Market Positioning ▪ ▪
Slide 17: Çimsa White – Market Positioning
Çimsa White – Market Positioning ▪ ▪ ▪
Slide 18: Çimsa White - Overview of the Bunol Transaction
Çimsa White - Overview of the Bunol Transaction Cantabria Asturias País Galicia Vasco Foral de Navarra • La Castilla y Rioja León • Aragón Cataluña Madrid Extremadura Castilla-La Valenciana Mancha • Buñol Murcia • Andalucía
Slide 19: SPV Organizational Structure
SPV Organizational Structure % %
Slide 20: Special Products – Çimsa Aluminates Family
Special Products – Çimsa Aluminates Family ▪ ▪ ▪ ▪
Slide 21: Special Products – Calcium Alimunate Cement
Special Products – Calcium Alimunate Cement
Slide 22: Sustainability: Çimsa's ESG Goals & Contribution to SDG
Sustainabilty Çimsa’s ESG Goals & Contribution to SDG • •
Slide 23: Environment
ENVIRONMENT ENVIRONMENT Alternative fuel usage increase (7,5% 2019) Between 2015 and 2019, rehabilitation activities were completed, 36.08 hectares of mining sites where operations had been conducted. Environment Product Declaration (EPD) for white and CAC products. 37.151 m3 water recovered in Afyo
Slide 24: The Future for Çimsa's Business
The Future for Çimsa’s Business
Slide 25: Operational Results
Operational Results Wwwelmsacomtr 25
Slide 26: Operational Results
Operational Results* *Çimsa Turkey Sales
Slide 27: Operational Result – Grey Clinker Cost Structure
Operational Result – Grey Clinker Cost Structure -32%
Slide 28: Financial Results
Financial Results wwawcimsacomtr 28
Slide 29: Financial Result
Financial Result SEP 2019 SEP 2020 Change Key Financial Highlights (MTL) Q3-19 Q3-20 Change % YTD YTD %
Slide 30: Financial Result
Financial Result Q3 Cash: 417 MTL YE Cash: 267 MTL
Slide 31: Financial Result
Financial Result 17% ✓ ✓ ✓ 21% 2016 2017 2018 2019 2020 Q3 Net WC/Net Sales %26 %27 %28 %21 %17
Slide 32: Balance Sheet
Balance Sheet Borrowing including IFRS16*
Slide 33: Income Statement
cim@® Income Statement In ne Statement (MTI Sales 1.632 1.285 660 473 Cost of sales (-) 21.293 1.052 494 389 GROSS PROFIT 339 233 166 a3 General and administrative expense (-) “127 -103 -36 “41 Marketing, selling and distribution expense (-) 13 “12 3 3 Research and development expense (-) 4 4 a a Ot
Slide 34: Cash Flow
cim@® — Cash Flow peer e820 0109 [A. CASH FLOWS FROM OPERATING ACTIVITIES Profit before taxation ‘Adjustments to reconcile net profiles fr the period Changes in working capital ‘Short term trade recehables| Inventories (other recehables/currentassets/prepaid expenses Long-term trade recehables Other
Çimsa Çimento Sanayi ve Ticaret A.Ş. — Q3 2020 Earnings Presentation on 6ix