Aksa Akrilik Kimya Sanayii A.s. · BIST:AKSA
Aksa Akrilik Kimya Sanayii A.s — Investor Presentation (June 2020)
31 slides from Aksa Akrilik Kimya Sanayii A.s's investor presentation, June 2020
Slide 1: Aksa Akrilik Kimya Sanayii A.Ş.
Aksa Akrilik Kimya Sanayii A.Ş.
Slide 2: Content
CONTENT Aksa in Brief Business Information Financial Highlights Financial Information
Slide 3: Aksa in Brief
AKSA IN BRIEF
Slide 4: Production Facility
PRODUCTION FACILITY TEXTILES DIRECTORY AKTEK NATURAL GAS AK-KİM DOWAKSA RAW MATERIAL STORAGE AREA POLYMERIZATION WAREHOUSE BALING FIBER SPINNING DIW SOLVENT RECOVERY PILOT PORT ENERGY POWER COAL POLYMERIZATION STATION WAREHOUSE
Slide 5: Aksa in Brief
AKSA IN BRIEF Company Name Aksa Akrilik Kimya Sanayii A.Ş. Establishment 1968 Paid Capital 323.750.000 TL Stock Borsa İstanbul (BIST) (1986>) Stock Code AKSA Adress Merkez Mahallesi Yalova-Kocaeli Yolu Caddesi No: 34 Yalova / Türkiye Web www.aksa.com E-mail ir@aksa.com Tel. / Fax 0 226 353 25 45 / 0
Slide 6: Shareholders
SHAREHOLDERS Aksa is a public company traded on the ISE since 1986. Emniyet Ticaret ve Sanayi A.Ş. %18,72 Akkök Holding %39,59 Other %41,69
Slide 7: Stock Information
STOCK INFORMATION Aksa Stock Performance
Slide 8: Akkök Holding
AKKÖK HOLDING Chemicals Energy Real Estate • Aksa • Akenerji • Akiş • DowAksa • SEDAŞ ̶ Akbatı • Ak-Kim • Sepaş ̶ Akasya • Gizem Frit • Akmerkez Textile Services • Aksa Egypt • Akmerkez Lokantacılık • Ak-Pa • Aktek • Dinkal
Slide 9: Akkök Holding
AKKÖK HOLDING Net Sales (Billion USD) 3.1 3.1 3.1 3.1 3.1 3.1 3.0 3 2.9 2.9 2.9 5.000+ 23 4 2.8 2.7 2.7 2.6 Employee Company Listed 2.6 Company 2.5 2.4 2.3 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Slide 10: Participations – Subsidiaries – Joint Ventures
PARTICIPATIONS – SUBSIDIARIES – JOINT VENTURES Joint Subsidiaries Ventures DowAksa Holdings Aksa Egypt %50 share %100 share 400 mio. USD capital Textile Carbon Fiber production
Slide 11: Aksa is at the 2nd position in BIST corporate governance index
ACRYLIC FIBER Aksa is at the 2st position as of 2019 BIST corporate governance index (2018, 2017, 2016 1st)
Slide 12: Acrylic fiber industry ranking and exporter position
ACRYLIC FIBER Aksa is one of the Textile & Textile biggest 50 Raw Materials industry Exporters companies from 1st the beginning of the index. Position (2019: 46 th)
Slide 13: Milestones
MILESTONES 1960 1980 2000 1970s 1990s 2010s • Carbon Fiber production • Distributed Control System (DCS) was • Capacity increased to 352.000 tons/year • Company Foundation established for the first time in Turkey • Carbon Fiber Company is founded via a • The plant in Yalova began to operate • Acrylic
Slide 14: Business Information
BUSINESS INFORMATION
Slide 15: Strategic Business Units
STRATEGIC BUSINESS UNITS Acrylic Fibers Technical Fibers Energy Largest acrylic fiber producer High value-added products / 145 Mw electricity licence in the world Develop fibers for technical end-use areas Around 40 mio USD %19 Global, %70 local revenue market share Global market leader Around 700 m
Slide 16: What Is Acrylic Fiber?
WHAT IS ACRYLIC FIBER? Wool Acrylic Fiber (Natural Fiber) (Synthetic Fiber) • Wool-like in appearance and touch (natural and warm) • Washable and keeps its shape • Resistance to moth, oil and chemicals • Resistance to sunlight • Dyeable with bright, resistant colurs
Slide 17: Acrylic Fiber Application Areas
ACRYLIC FIBER APPLICATION AREAS CLOTHING HOME TEXTILES Jumpers, socks, plush, hand knitting, Carpet, upholstery, balnkets, rugs, sports wear and child wear velvet fabrics TEXTILE FIBERS AKRİLİK ELYAFIN Areas of use in Acrylic KULLANIMFiber ALANLARI USE OF AREAS FOR OUTDOOR AREAS OF INDUSTRIAL USE Ca
Slide 18: Market Share
MARKET SHARE Technical Fibers (Outdoor Acrylic Fiber) Global Market Leader Global Market Share 19% Market Share in Turkey 70%
Slide 19: Acrylic Fiber Cost Components
ACRYLIC FIBER COST COMPONENTS Chemicals Acrylonitrile Electricity Labor (ACN) Steam Other
Slide 20: What Is Technical Fiber?
WHAT IS TECHNICAL FIBER? • Industrial and outdoor applications • High Endurance • High resistance to rotten and mold
Slide 21: What Is Carbon Fiber?
WHAT IS CARBON FIBER? human hair . • Carbon fibers are extremely fine fibers (typ. 5-7 µ in dia.) (50-70 μ) consisting mostly of carbon atoms carbon fiber • Carbon fiber is >95% carbon (5-7 μ) • Carbon fibers are produced in tows (yarns) ranging from a carbon fiber and a human hair 1.000 filaments 1
Slide 22: Carbon Fiber – Application Areas
CARBON FIBER – APPLICATION AREAS Wind Turbine Blades Pressurized Vessels Civil Infrastructure Marine Aerospace Automotive Oil and Gas Power Transmission Sporting Goods Defense
Slide 23: 2019 & 2020 Highlights
2019 & 2020 HIGHLIGHTS
Slide 24: 2019 Highlights
2019 HIGHLIGHTS In 2 April dated General Assembly Meeting, dividend amount for shareholders is settled as 204,7 Mio TRY. Dividend Payment Our fiber production capacity, which is 315,240 tons/year, has been updated to 330,000 tons/year after modernization, efficiency and new product project investmen
Slide 25: 2020 Highlights
2020 HIGHLIGHTS The capital increase from internal resources application was approved by CMB as 75% Free Capital Increase and our issued capital increased from 185.000.000 TRY to 323.750.000 TRY Dividend Payment In 1 April dated General Assembly Meeting, dividend amount for shareholders is settled a
Slide 26: Financial Information
FINANCIAL INFORMATION
Slide 27: Balance Sheet
BALANCE SHEET BALANCE SHEET (K TL) 2014 2015 2016 2017 2018 2019 2020 Q2 Current Asset 977,000 1,075,543 1,387,576 1,858,921 2,448,122 2,179,759 2,189,392 Non -current Asset 1,021,065 1,178,532 1,245,394 1,495,380 1,740,505 2,008,162 2,240,420 Total 1,998,065 2,254,075 2,632,970 3,354,301 4,188,627
Slide 28: Income Statement
INCOME STATEMENT Million TL 2014 2015 2016 2017 2018 2019 2020 Q2 Revenue 2,105 2,030 1,954 2,762 3,538 3,646 1,603 EBITDA 285 350 390 509 552 574 261 Net Income 163 199 126 295 224 278 47 EBITDA Margin % 14% 17% 20% 18% 15.6% 15.7% 16% Net Income Margin % 8% 10% 6% 11% 6% 8% 3%
Slide 29: Investment – Profit – Dividend (Million USD)
INVESTMENT – PROFIT – DIVIDEND (MILLION USD)
Slide 30: Budget Figures
BUDGET FIGURES MİLYON USD 2020 Forecast 2019 Actual 2018 Actual 2017 Actual Net Sales 500-550 643 732 759 Capacity Utilization 80-85% 77% 82% 98% CAPEX 55-65 31 45 99 Attention These figures reflect current expectations and assumptions. Future expectations are based on the circumstances and assumpti
Slide 31: Appendix / Disclaimer
APPENDIX / DISCLAIMER • Aksa Akrilik Kimya Sanayii A.Ş. contract or investment decision. events which may not prove to be (“Aksa”) has prepared this Investors and prospective investors in accurate. The forward-looking book (the “Book”) for the sole purpose of securities of any issuer mentioned state
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