Ulusoy Elektrik Imalat Taahhut Ve Ticaret As · BIST:ULUSE

Ulusoy Elektrik Imalat Taahhut Ve Ticaret As — FY2019 Earnings Presentation

10 slides from Ulusoy Elektrik Imalat Taahhut Ve Ticaret As's earnings presentation, Apr 20, 2020

1. Slide 1: 2019 Financial Results

   2019 Financial Results April 20, 2020 © 2020 Eaton. All rights reserved..

2. Slide 2: Agenda

   Agenda • Sales Performance • Financial Results © 2020 Eaton. All rights reserved.. 2

3. Slide 3: Sales Performance: Revenue Breakdown

   Sales Performance 3 Revenue Breakdown Export Export 42% 41% Domestic Domestic 58% 59% 2018 2019 565,4 mln TL 486,8 mln TL © 2020 Eaton. All rights reserved..

4. Slide 4: Export Market Performance

   Export Market Performance 4 Diversified & Sustainable Top 10 Export Destinations Export 26% 26% 2018 01 2019 02 02 15% 14% 10% 8% 7% 6% 4% 4% 4% 4% 3% 3% 3% 3% 2% 2% 0% 0% Algeria Indonesia Iraq Spain Latvia Ukraine Jordan Sudan Tunisia Palestine © 2020 Eaton. All rights reserved..

5. Slide 5: Agenda

   Agenda • Sales Performance • Financial Results © 2020 Eaton. All rights reserved.. 5

6. Slide 6: 2019 Financial Results

   2019 Financial Results 6 TL 486,8 mn TL 200,1 mn (*USD 35,3 mn) Total Sales Revenue Export Sales Revenue TL 90,5 mn Net Profit TL 286,7 mn TL 109,3 mn Domestic Sales Revenue EBITDA * 01.01.2019 – 31.12.2019 average USD = 5,6708 © 2020 Eaton. All rights reserved..

7. Slide 7: Revenue (mn TL)

   Revenue (mn TL) 7 Total 565,4 Total Total 486,8 434,7 16,6 mln 48,9 mln 236,5 USD 35,3 mln USD 60,7 200,1 USD 374,1 329,0 286,7 2017 2018 2019 Domestic Export 01.01.2017 – 31.12.2017 average USD = 3,6477 01.01.2018 – 31.12.2018 average USD = 4,8321 © 2020 Eaton. All rights reserved.. 01.01.2019 – 31

8. Slide 8: Income Statement

   Income Statement 8 mn TL 2019 2018 2017 - Domestic Sales 286,7 329,0 374,1 - Export Sales 200,1 236,5 60,7 Total Sales Revenue 486,8 565,4 434,7 Gross Profit 121,5 190,8 128,6 Net Operating Income 102,5 165,2 106,1 Profit Before Tax 108,3 163,8 105,8 Net Income 90,5 125,8 87,0 EBITDA 109,3 171,4 111

9. Slide 9: Profitability

   Profitability 9 2019 2018 2017 Gross Profit Margin 25,0% 33,7% 29,5% Net Profit Margin 18,6% 22,2% 19,9% EBITDA Margin 22,5% 30,3% 25,5% 2019 2018 2017 33,7% 29,5% 30,3% 25,0% 25,5% 22,2% 22,5% 18,6% 19,9% Gross Margin Net Margin EBITDA Margin © 2020 Eaton. All rights reserved..

10. Slide 10: For further information

    For further information; ir@ulusoyelektrik.com.tr +90 312 267 0712

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