Teknosa Ic Ve Dis Ticaret As · BIST:TKNSA
Teknosa Ic Ve Dis Ticaret As — Teknosa İç ve Dış Ticaret A.Ş. — Q4 2020 Earnings Presentation
15 slides from Teknosa Ic Ve Dis Ticaret As's earnings presentation, February 2021
Slide 1: Teknosa Investor Presentation 4Q20 Results
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Investor Teknosa Presentation 4Q20 Results «Turkey’s Leading Electronics Retailer» February , 2021 Genel
Slide 2: Agenda
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Agenda Main Messages Financial Overview 2 Genel
Slide 3: Main Messages: Q4 & Full Year 2020
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Sales: Best performance of the 4Q20: +54%, TL 1.932M Main past 20 years 2020 : +36%, TL 5.607M Messages Profitability: All-time record of 4Q20: TL 69,4M Q4 & Full Year 2020 profit 2020: TL 85,3M Online sales: Increasing by 3.6 times 4Q20: +208%, TL
Slide 4: Key Drivers for Strong Financial Performance
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Key Drivers for Strong Financial Performance Main Messages ➢ The Transformation Program, “Teknosa of the New Generation” continued in 2020 with the focus on data-driven management ➢ Despite lockdown as of March 22 amid coronavirus pandemic, investm
Slide 5: Consumer Confidence Index
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Consumer ➢ Consumer Confidence Index was realized as 80.1* in November and December 2020. Although decreased CCI compared to the previous quarter, it did not have a Confidence Index negative impact on demand side. Consumer Confidence Index 95,0 90,
Slide 6: 4Q20 Results
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION ➢ Store relocations for 4Q20 sales efficiency Net Sales Area ➢ (4Q19 105k sqm) Results (‘000 m2) 97 97 3Q20 4Q20 ➢ Supply chain efficiency %53,7 ➢ Top selling product Net Sales Total availability. 1.932 (TL mn) Revenues 1.257 ➢ Efficient pricing an
Slide 7: Electronics Retail Market and Teknosa
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION ➢ The electronics retail market(*) grew by 37,8% LfL reaching TL 89 bn in 2020 Electronics ➢ Growth by segments: IT 129,8%, Telecom 36,9%, MDA 29%, Consumers Retail Market Electronics 28,9% and SDA 18.4% ➢ TSS channel accounts for 23,5% (including
Slide 8: Growth in online sales
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION 208% 256% growth in 1.011 208% online sales 306 284 99 4Q19 4Q20 FY19 FY20 ➢ Online/retail sales 17% in 4Q20 and 19% in 2020 ➢ 256% increase in online sales compared to 2019 with TL 1.011M in 2020 ➢ New services for customer satisfaction such as we
Slide 9: Agenda
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Agenda Main Messages Financial Overview 9 Genel
Slide 10: OPEX/Sales ratio
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION OPEX/Sales (%) OPEX/Sales ratio 13% 11% 10% 9% FY19 FY20 4Q19 4Q20 ➢ Operational expenses/sales decreased from 11 % in 4Q20 to 9% in 4Q19. ➢ Due to falling visitor numbers during covid pandemic, rental discounts and short- time work allowance in 4Q
Slide 11: Working Capital and Cash Position
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Working Capital Requirement (TL mn) Working TL -306 mn TL -181 mn TL -227 mn ➢ TL 46M change, trade Capital and payables level 860 974 1.057 increased in parallel Cash Position 66 87 103 with the increase in 1233 1241 1386 inventories.(Based on cus
Slide 12: Income Statement Summary
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION (TL mn ) 4Q19 3Q20 4Q20 YoY (%) FY19 FY20 YoY (%) Income Net Sales 1.257 1.671 1.932 54% 4.137 5.607 36% Statement Gross Profit 210 295 339 61% 715 931 30% Summary Gross Profit Margin 16,7% 17,6% 17,5% 0,8pp 17,3% 16,6% -0,7pp EBITDAR 129 198 226 7
Slide 13: Balance Sheet Summary
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Assets (in TL mn) Dec-19 Sep-20 Dec-20 Balance Current Assets Ca s h a nd Ca s h Equi va l ents 994 37 1.373 264 1.565 392 Tra de Recei va bl es 66 87 103 Sheet Inventori es 860 974 1.057 Other Current As s ets 31 49 13 Summary Non-current Assets 5
Slide 14: Thank You
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Thank You Contact Information: H. Şenay Akıncı Özertan– Finance and Investor Relations Manager +90 (216) 468 37 46 sozertan@teknosa.com IR web page: http://yatirimci.teknosa.com/homepage IR e-mail: yatirimciiliskileri@teknosa.com 14 Genel
Slide 15: Disclaimer
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Disclaimer The information and opinions contained in this document have been compiled or arrived at by Teknosa from sources believed to be reliable and in good faith, but no representation or warranty, expressed or implied, is made as to their accu
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