Alarko Holding A.S. · BIST:ALARK
Alarko Holding A.S — Q1 2023 Earnings Presentation
11 slides from Alarko Holding A.S's earnings presentation, May 10, 2023
Slide 1: Q1 2023 Earnings Presentation
Q1 2023 Earnings Presentation Mayh 10th, 2023
Slide 2: Combined Financial Results Q1 2023
Combined Financial Results Q1 2023 Combined Revenue (TL mn)* Combined EBITDA (TL mn)* 73,823 23,501 2.210 383 10.659 15,570 4,172 6.000 25,672 33.391 4,643 3,066 16.209 10,713 1.265 50 558 4.121 90 562 1.804 2.124 1.063 2.335 2.209 1.826 1.581 12.817 26.732 471 1.174 5.880 4.654 4.382 6.987 6.986 Q1
Slide 3: Development in Balance Sheet Q1 2023
Development in Balance Sheet Q1 2023 Cash Position (TL mn)* Debt Position (TL mn)* 14.469 13.096 19.599 18.995 13.090 5.810 5.330 6.919 5.963 6.082 2.234 2.302 1.169 1.005 9101.176 1.112 1.325 1.695 1.809 374 344 200 217 2018 2019 2020 2021 2022 Q1 2023 2018 2019 2020 2021 2022 Q1 2023 Consolidated
Slide 4: Power Generation Operations in the Quarter Q1 2023
Power Generation Operations in the Quarter Q1 2023 Net Power Generation (KWh)* Revenue (TL mn)* 11,052,418 26.732 9,983,406 243.632 66.859 2,388,342 2,940,287 10.675.324 9.773.590 88.849 6.987 6.986 20.799 2.818.763 2.346.986 4.382 Q1 2022 Q1 2023 FY 2021 FY 2022 Cenal Karakuz HES Gonen HES Solar Q1
Slide 5: Power Distribution & Retail Operations in the Quarter Q1 2023
Power Distribution & Retail Operations in the Quarter Q1 2023 Revenue (TL mn)* EBITDA (TL mn)* 33.391 6.000 12.817 2.124 1.804 5.880 4.654 562 Q1 2022 Q1 2023 FY 2021 FY 2022 Q1 2022 Q1 2023 FY 2021 FY 2022 • Revenue elevated by 26% thanks to increase in tariffs • EBITDA margin attained at 31% in Q1
Slide 6: Construction Operations in the Quarter Q1 2023
Construction Operations in the Quarter Q1 2023 Revenue (TL mn)* EBITDA (TL mn)* 10.659 317 4.121 28 5 1.581 1.174 Q1 2022 Q1 2023 FY 2021 FY 2022 Q1 2022 Q1 2023 FY 2021 FY 2022 -121 • Revenue elevated by 35% thanks to speed up in completion of the projects • EBITDA came in at TL 28 mn in Q123 Net P
Slide 7: Land Development Operations in the Quarter Q1 2023
Land Development Operations in the Quarter Q1 2023 Revenue (TL mn)* EBITDA (TL mn)* 172 558 136 383 27 90 17 50 Q1 2022 Q1 2023 FY 2021 FY 2022 Q1 2022 Q1 2023 FY 2021 FY 2022 • Revenue was realized as TL 27 mn in Q123 • EBITDA reached TL 50 mn in Q123 Net Profit (TL mn)* 2.759 1.265 87 49 Q1 2022 Q
Slide 8: Industry Operations in the Quarter Q1 2023
Industry Operations in the Quarter Q1 2023 Revenue (TL mn)* EBITDA (TL mn)* 2.210 387 1.265 1.063 138 130 90 471 Q1 2022 Q1 2023 FY 2021 FY 2022 Q1 2022 Q1 2023 FY 2021 FY 2022 • Revenue increased by 126% and reached TL 1.063 mn in Q123 • EBITDA reached TL 138 mn in Q123 Net Profit (TL mn)* 601 88 7
Slide 9: Tourism Operations in the Quarter Q1 2023
Tourism Operations in the Quarter Q1 2023 Revenue (TL mn)* EBITDA (TL mn)* 600 213 133 300 5 11 Q1 2022 Q1 2023 FY 2021 FY 2022 -22 -35 Q1 2022 Q1 2023 FY 2021 FY 2022 • TL 11 mn recorded as revenue in Q123 • EBITDA was TL -35 mn in Q123 Net Profit (TL mn)* -73 -93 -129 -259 Q1 2022 Q1 2023 FY 2021
Slide 10: Guidance Q1 2023
Guidance Q1 2023 mn TL 2020 2021 2022 2023 B Combined Net Profit 2,163 3,731 24,944 16,500-17,800 Consolidated Net Profit 802 1,274 11,441 8,500-9,500 2023 Budget Exc. 2023 Average USD 22.50 EURO 25.00 10 Combined Figures - Figures consider full ownership in partnerships and JV’s, before elimination
Slide 11: Disclaimer
Disclaimer Alarko Holding A.S. (the“Company”) has prepared this presentation (the “Presentation”) in order to provide investors with general information about the Company. The contents of this Presentation is based on public information and on data provided by the Company’s management. Neither the C