Oyak Cimento Fabrikalari A.s. · BIST:OYAKC
Oyak Cimento Fabrikalari A.s — OYAK Çimento Fabrikaları A.Ş. — H1 2022 Earnings Presentation
26 slides from Oyak Cimento Fabrikalari A.s's earnings presentation, Aug 24, 2022
Slide 1: OYAK Çimento Fabrikaları A.Ş. 2022 H1 Financial Results
OYAK Çimento Fabrikaları A.Ş. 2022 H1 Financial Results 24 August 2022
Slide 2: Key Messages & Financial Highlights
Key Messages & Financial High- lights
Slide 3: Key Messages & Financial Highlights · 2022 H1 vs 2021 H1
Key Messages & Financial Highlights · 2022 H1 vs 2021 H1 Net Sales EBITDA 4,709 m TL +137% 1,264 m TL +183% Net Income Gross Profit 883 m TL +204% 1,317 m TL +161% 2022 H1 Financial Results
Slide 4: Key Messages & Financial Highlights · 2022 H1 vs 2021 H1
Key Messages & Financial Highlights · 2022 H1 vs 2021 H1 H1 Performance in 2022: Revenues increased by 137% EBITDA increased by 183% Net income increased by 204% Gross profit increased by 161% 2022 H1 Financial Results
Slide 5: Financial Results
Financial 4 Results
Slide 6: Financial Results · Profit margin continues its upward trend
Financial Results · Profit margin continues its upward trend Sales Revenue (m TL) EBITDA* (m TL) +60% +137% 4,681 4,709 2,932 +183% 1,986 +89% 1,264 1,039 550 447 FY20 FY21 1H21 1H22 FY20 FY21 1H21 1H22 * EBITDA : Operating profit / (loss) + Amortization and depreciation
Slide 7: Financial Results · Profit margin continues its upward trend
Financial Results · Profit margin continues its upward trend +168% 3,052 Sales Revenue (m TL) +96% +58% +34% 1,530 1,658 1,165 1,138 868 970 848 3Q20 3Q21 4Q20 4Q21 1Q21 1Q22 2Q21 2Q22 +269% 956 EBITDA* (m TL) +30% +64% +43% 325 308 267 250 259 187 188 3Q20 3Q21 4Q20 4Q21 1Q21 1Q22 2Q21 2Q22 * EBITD
Slide 8: EBITDA Net Profit
EBITDA Net Profit 1,264 1,147 22 -117 -89 883 -197 EBITDA Amortization Operating profit Investment activity Financial exp Tax Net Profit * EBITDA : Operating profit / (loss) + Amortization and depreciation
Slide 9: Income Statement · EBITDA growth continues
Income Statement · EBITDA growth continues m TL 1H21 1H22 ∆% FY20 FY21 ∆% Sales revenue 1.986 4.709 137% 2.932 4.681 60% Cost of sales (1.482) (3.392) 129% (2.354) (3.538) 50% Operating expenses (140) (215) 55% (246) (307) 25% Other operating income / (expenses) (3) 45 1333% 53 8 -85% Operating prof
Slide 10: Balance Sheet
Income Statement · EBITDA growth continues m TL FY20 FY21 1H22 m TL FY20 FY21 1H22 Current assets 1.909 2.601 4.518 Current liabilities 1.555 1.386 2.619 Cash and cash equivalents 449 315 772 Short term borrowings 810 146 902 Financial investments 86 162 156 Trade payables 607 1.014 1.293 Trade rece
Slide 11: Financial Results · Profit margin continues its upward trend
Financial Results · Profit margin continues its upward trend +137% +119% +168% +185% Sales Revenue OYAKC Competitor 1 Competitor 2 Competitor 3 +183% +77% +195% EBITDA +149% OYAKC Competitor 1 Competitor 2 Competitor 3 +4% -5% +1% -1% EBITDA Margin (%) H1 2021 H1 2022 OYAKC Competitor 1 Competitor 2
Slide 12: Net Working Capital
Net Working Capital NWC (Net Working Capital) 2,139 50 40 29% 23% 20% 21% 30 20 1,947 10 1,001 0 -10 781 -20 672 1,246 -30 m TL -40 982 -50 926 1,485 -60 769 -70 512 352 -80 -90 -607 -713 -1,014 -100 -1,293 Trade receivables -110 Inventories -120 Trade payables -130 NWC as a % of Sales Revenue (LTM)
Slide 13: Net Debt and Net Debt / EBITDA
Net Working Capital Net Debt Net Debt / EBITDA (LTM) 294 0.54 295 22 902 -10 810 750 146 321 319 19 17 -315 0.16 -449 -642 -162 -772 -86 0.02 -103 -156 -0.01 FY20 1H21 FY21 1H22 FY20 1H21 FY21 1H22 Short term liabilities Long term liabilities Cash and cash equivalents Financial investments * Net deb
Slide 14: CAPEX Development (m TL)
CAPEX Development (m TL) 295 339 288 122 FY20 FY21 1H21 1H22 * Net debt : Short term liabilities + Long term liabilities – Cash and cash equivalents – Financial investments
Slide 15: Net Zero
Net Zero 2022 H1 Financial Results
Slide 16: Alternative Fuel Consumption
Alternative Fuel Consumption 21,2 6,4 2016 AFC % 2022 H1 AFC % Our alternative fuel replacement rate has increased 3.3 times within 6 years.
Slide 17: Appendix
Appen- dix
Slide 18: OYAK Cement Plants
4OYAK Cement Plants @ax) CiMENTO DIKKAT KISA FARLARINIZI iSKENDERUN OGOTME TESiSi-1 YAKINIZ
Slide 19: New VAP Bag Designs - Cement
New VAP Bag Designs - Cement > CEM II/A-LL 42.5 R > CEM II/B-M (S-L) 42.5 R > CEM III/A (S) 42.5 N > CEM III/B (S) 32.5 N-SR > CEM IV/B (P) 32.5 R > CEM V/A (S-P) 32.5 R > CEM II/A-M (S-L) 42.5 R > CEM II/B-M (S-V) 42.5 R > CEM IV/B (P) 32.5 N > CEM V/A (S-P) 32.5 N > CEM II/A-M (P-LL) 42.5 R > CEM
Slide 20: New VAP Data Sheets – Cement & Slag
New VAP Data Sheets – Cement & Slag
Slide 21: New VAP Data Sheets - Concrete
New VAP Data Sheets - Concrete
Slide 22: Catalogues
Catalogues VAP Catalogue and White Cement Catalogue in 11 Languages • Turkish • German • Arabic • French • Hebrew • English • Spanish • Italian • Polish • Portuguese • Russian
Slide 23: Digital
Digital Turkish Cement Sector – Interactive Map Software > Reviewing capacity data by country & province > Marking on location > Updating, adding and deleting information Mobile Application for Customers (I-DEAL) > Access to all product analysis reports with QR code > Access to contact information o
Slide 24: Digital
A Digital www.oyakwhitecement.com yenilendi renewed ernevert renouvelé rinnovato renovado cata wing ydnowiony OGHOBNEHHDE jovado What is the difference of White Cement from Grey Cement?
Slide 25: Disclaimer · Forward-looking Statements
Disclaimer · Forward-looking Statements Bu sunum OYAK Çimento Fabrikaları A.Ş. tarafından sadece bilgi sağlamak amacıyla hazırlanmıştır. OYAK Çimento Fabrikaları A.Ş. yönetimi tarafından sağlanan kamuya açık bilgiler ve verilere dayanmaktadır ve temel olarak, mevcut ve gelecekteki iş stratejilerimiz
Slide 26: Slide 26
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