Eregli Demir Ve Celik Fabrikalari T.a.s. · BIST:EREGL
Eregli Demir Ve Celik Fabrikalari T.a.s — Q3 2024 Earnings Presentation
16 slides from Eregli Demir Ve Celik Fabrikalari T.a.s's earnings presentation
Slide 1: Erdemir 2024 9 Months Investor Presentation
METALLURGY ERDEMIR ® 2()24 9 Months Investor Presentation 22.10.2024
Slide 2: 2024 Market Overview
c ERDEMIR )) 2024 Market Overview
Slide 3: Commodity Prices
3 200 300 400 500 100 200 300 400 USD/TON USD/TON Oct-22 Oct-22 Nov-22 Nov-22 Dec-22 Dec-22 Jan-23 Jan-23 Feb-23 Feb-23 Mar-23 Mar-23 Apr-23 Apr-23 May-23 May-23 Source: Platts / IODEX Jun-23 Jun-23 Jul-23 Jul-23 Aug-23 Aug-23 Sep-23 Sep-23 COMMODITY PRICES Oct-23 Oct-23 Nov-23 Nov-23 Scrap Prices D
Slide 4: Turkish Steel Industry
TURKISH STEEL INDUSTRY PRODUCTION (MN TONS) EXPORTS (MN TONS) 27.2 24.4 11.1 8.9 8.8 6.4 4.0 2.1 15.6 16.1 4.2 4.7 0.1 0.2 8M 2023 8M 2024 8M 2023 8M 2024 CONSUMPTION (MN TONS) IMPORTS (MN TONS) 26.1 24.9 13.3 12.6 12.4 10.7 6.6 5.5 12.8 12.3 1.4 0.9 4.4 4.3 8M 2023 8M 2024 8M 2023 8M 2024 4 Source:
Slide 5: 2024 9M Results
Gr) 7024 9M Results
Slide 6: Financial and Operational Results
FİNANSAL VE OPERASONEL SONUÇLAR - 2022 9A 572 Million USD 335 Million USD EBITDA Net Profit* 5.9 Million Tons 5.9 Million Tons 4,624 Million USD Total Production Total Sales Revenue 6 (*) Net profit of equity holder of the parent
Slide 7: Operational Indicators
OPERATIONAL INDICATORS LIQUID STEEL PRODUCTION (000 TONS) CRUDE STEEL CAPACITY UTILIZATION RATIO 94% 92% 89% 82% 75% 6,740 2,228 5,080 2,199 1,862 Q3 2023 Q2 2024 Q3 2024 9M 2023 9M 2024 2020 2021 2022 2023 9M 2024 PRODUCTION (000 TONS) SALES VOLUME (000 TONS) 5,929 5,859 5,290 727 5,213 707 420 410
Slide 8: Domestic Sales Breakdown and Export
DOMESTIC SALES BREAKDOWN AND EXPORT FLAT STEEL DOMESTIC SALES (000 TONS) LONG STEEL DOMESTIC SALES (000 TONS) 9M 24 9M 24 Automotive 14% (572) 9M 23 9M 23 (13%) 65% 37% (563) 40% Pipe&Profile and Rolling 42% (239) (259) (1,591) (288) Rebar and Profile Producers 43% 23% (1,854) 25% (1,012) 12% (993)
Slide 9: Financial Indicators
FINANCIAL INDICATORS NET SALES REVENUE (USD MN) EBITDA PER TON* (USD/TON) 4,624 418 4,570 413 535 336 335 329 957 250 1,674 1,561 199 1,452 144 141 354 345 4,035 117 124 111 117 124 101 3,667 48 71 1,475 8 1,207 1,107 Q3 2020 Q4 2020 Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1
Slide 10: EBITDA to Net Profit and Change in Cash
EBITDA NET PROFIT (USD MN) (191) 12 111 (183) 41 (15) 572 (12) 492 335 EBITDA (9M 2024) Depreciation Consolidation Operating Investing Finance Monetary Gain/(Loss) Tax Inc./(Exp.) Non-Controlling NET PROFIT Classification Income Activities/Fixed Inc./(Exp.) Interests (9M 2024) Asset Inc./(Exp.) EBIT
Slide 11: Analysis of Financial Position
ANALYSIS OF FINANCIAL POSITION FINANCIAL BORROWINGS* (USD MN) NET WORKING CAPITAL (USD MN) 3,515 1,427 2,285 2,285 2,533 2,585 2,789 1,568 1,222 1,921 861 1,127 2,088 691 690 723 403 262 510 351 499 441 364 (794) (696) 2020 2021 2022 2023 9M 2024 Trade Receivables Inventories Trade Payables Other Wo
Slide 12: Cost of Sales Breakdown (%)
COST OF SALES BREAKDOWN* (%) 9M 2024 RAW MATERIALS BREAKDOWN 8 Other Depreciation and Amortization Exp. 4 Personnel Expenses Iron Ore&Pellet Coal Scrap Other 8 7 Purchased Energy Expenses 34% 39% 9% 18% 73 Raw Materials 2023 8 Other Depreciation and Amortization Exp. Iron Ore&Pellet Coal Scrap Other
Slide 13: Capital Expenditures (USD Mn)
CAPITAL EXPENDITURES* (USD MN) 977 723 680 434 251 306 216 2018 2019 2020 2021 2022 2023 9M 2024 13 *Advance payments for capital expenditures are not included.
Slide 14: Sustainability
SUSTAINABILITY Our Greenhouse Gas Reduction Target For a world where the global average temperature increase should be limited to 1.5 °C, we aim to reduce our emissions by 25% in 2030 and 40% in 2040 so to achieve the Net Zero emission target by 2050. SPP - EAF Energy Efficiency - Biomass 25% 2022 (
Slide 15: Investor Relations Contact
investorrelations@erdemir.com.tr www.erdemir.com.tr/investor-relations/ +90 216 578 80 61 15
Slide 16: Disclaimer
DISCLAIMER Ereğli Demir Çelik Fabrikaları T.A.Ş. (Erdemir) may, when necessary, make written or verbal announcements about forward-looking information, expectations, estimates, targets, assessments and opinions. Erdemir has made the necessary arrangements about the amounts and results of such inform
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