Hektas Ticaret T.A.S. · BIST:HEKTS
Hektas Ticaret T.A.S — Q3 2022 Earnings Presentation
35 slides from Hektas Ticaret T.A.S's earnings presentation, 2022
Slide 1: Investor Presentation
Yatırımcı Investor Presentation Sunumu
Slide 2: Legal Notice
LEGAL NOTICE Hektaş Ticaret T.A.Ş. (Hektaş) may, when necessary, make written or verbal announcements about forward-looking information, expectations, estimates, targets, assessments and opinions. Hektaş has made the necessary arrangements about the amounts and results of such information through it
Slide 3: OYAK 2021
OYAK 2021 Established in 1961, OYAK is a complementary occupational pension fund established to provide Food, additional benefits to its members Agriculture & Mining Chemicals Animal Metallurgy It is the first and largest private pension fund in Turkey Husbandry Finance Energy Cement Automotive Conc
Slide 4: Milestones
MILESTONES - Purchased 51% of - Started to trade in Sunset Kimya Tarım Agriventis Established IPO date Animal Health BİST 100 index Ürünleri was Technologies in Adana department - Accesed the pet food purchased * Started to trade in was opened and care products BIST 30 index sector 1963 1986 2017 20
Slide 5: Subsidiaries & Shareholding Structure
SUBSIDARIES & SHAREHOLDING STRUCTURE SHAREHOLDINGS Share Amount (TL) % Share TAKİMSAN TARIM OYAK 505.843.051 58,82 99,78% AGRIVENTIS FERBİS TECHNOLOGIES Free Float 354.156.949 41,18 TARIM 51% 100% GENERAL TOTAL 860.000.000 100 ARMA AREO İLAÇ TOHUMCULUK 100% 100% 41,18 SUNSET 58,82 Free Float KİMYA 1
Slide 6: Business Units
BUSINESS UNITS PLANT PLANT ANIMAL AGRICULTURAL PROTECTION SEED NUTRITION HUSBANDRY TECHNOLOGIES Hektaş Teraceable Smart Areo Agriculture Ferbis Hektaş Arma Agriventis Smart Assistant Sunset Turna (Drone) Food Safety Platform
Slide 7: Plant Protection Market
PLANT PROTECTION MARKET Market Development (Billion TL) and Market Share 5.5 3.9 3.4 1.7 2.7 2017 2018 2019 2020 2021 IMPORTANT DEVELOPMENTS IN THE SECTOR HEKTAŞ IMPORTANT DEVELOPMENTS • Hektaş, in front of global competitors as of sector leader • It is aimed to market share will increase 30% in 202
Slide 8: Plant Nutrition Market
PLANT NUTRITION MARKET Chemical Fertilizers Special Fertilizers Expectation of decline in use The spread of advanced irrigation systems Negative effect on soil fertility Increase of greenhouse activities Workforce need Effective application with less workforce HEKTAŞ IMPORTANT DEVELOPMENTS In the 'H
Slide 9: Seed Market
SEED MARKET The Most Grown Products by HEKTAŞ in 2021 Field Crops Fruits & Vegetables Seed Market of Turkey Sugar Beet Tomato Seed market reached TL 5,3 billion value by 13% grooving in 2021 Wheat Waterlemon Corn Pepper The seed market is expected to reach TL 7 billion value Barley Oniom in 2022. Po
Slide 10: Animal Health Market
ANIMAL HEALTH MARKET Key Segments and Market Shares in the Animal Health Market 29% 29% 17% 7% 4% ANTIPARAZITIC VACCINE VITAMIN ANTIBIYOTIC HORMONE HEKTAŞ IMPORTANT DEVELOPMENTS 2021 Turkey “One Health” Concept It has been aimed to increase our market share over 10% in 5 years with Arma Animal Healt
Slide 11: Pet Market
PET MARKET The number of pet animals in Turkey Constantly growing have increased by this market, it become a big Dog-Cat food 15% in the last industry market size is 5 years. 1.56 billion TL in Turkey. Recently, pet There is a need of (Global pet market is care products economical products 90 billio
Slide 12: Pet Food - Hektaş
PET FOOD - HEKTAŞ Total closed area Establishment of the facility process is will be continuing is located in the Manyas District of 10.375 m2 of the Balıkesir Province. facility. HEKTAŞ PET Capacity will be FOOD The Facility 2.400 tone/month planned to be completed in & 28.800 tone/year 2022 in the
Slide 13: Agriculture Technologies
AGRICULTURE TECHNOLOGIES DATA ANALYTICS BLOCKCHAIN YECHNOLOGIES Artificial Intelligence Supported Mobile Semsors & Cameras Application Monitorable Safe Food Platform Hektaş Smart Assistant Contractual Production Cooperation With Chain Markets Sales to End Customer PRECISION FARMING APPLICATIONS Spra
Slide 14: 2022 Awards
2022 AWARDS In the "R&D 250" research prepared by Turkish Time, which includes the companies that make the most R&D investments in Turkey, HEKTAŞ rised 23 steps this year and ranked 72nd. It has been deemed worthy for the fourth time in a row at the 2021 İKMİB Stars of Exportation Awards, organized
Slide 15: 2022 Achievements
2022 ACHIVEMENTS HEKTAŞ ranked 341st in 2021 in the "Turkey's Top 500 Industrial Enterprises Research" prepared by the Istanbul Chamber of Industry (ISO), took its place in the top 500 for the 4th time in a row. Hektaş took in place 249th in “Fortune 500 Turkey” list. The list which was prepared For
Slide 16: Hektaş Agricultural Innovation Training & Experience Center
HEKTAŞ AGRICULTURAL INNOVATION TRAINING & EXPERIENCE CENTER Built on an area of 607 da in Bursa Orhangazi, the Center is focused on increasing agricultural efficiency with entirely digitalized processes, it will be the most comprehensiv R&D facility in the field of agriculture Turkey. • Bursa, Orhan
Slide 17: Hektaş Agricultural Innovation Training & Experience Center
HEKTAŞ AGRICULTURAL INNOVATION TRAINING & EXPERIENCE CENTER In the Facility, in addition to the planting and sowing areas where hundreds of varieties are located, IoT Artificial Intelligence Laboratories, High-Tech Biopesticide Production Center, Technological and Sustainable Agricultural Production
Slide 18: Hektaş Agricultural Innovation Training & Experience Center
HEKTAŞ AGRICULTURAL INNOVATION TRAINING & EXPERIENCE CENTER Unparalleled facility in Turkey and Europe, it steers of agriculture with today’s technologies. There are over 300 different varieties which are including medical and aromatic plants in the facility. Climatic conditions suitable for all kin
Slide 19: Hektaş Gebze and Adana Facilities
HEKTAŞ It is the first facility in his field which is making production according to industry 4.0 standards. 31.000 m2 Automation and robotic system project are continuing close TOTAL 8% products which are produced in the facility, are exported. 75.000 m2 HEKTAŞ / GEBZE It is provided nearly 30% of
Slide 20: Ferbis
FERBİS Ideal solution 11.000 m2 close for plant protection TOTAL 24.000 m2 FERBİS / NİĞDE Plant Protection Production Facility Plant protection and plant nutrition production are made. Its aim, move to domestic and foreign markets with price-oriented approach. İt is aimed to be most qualified produc
Slide 21: Areo
AREO AREO/ANTALYA Seed Breeding Center 27.000 m2 close TOTAL 35.000 m2 It is positioned as of seed base. The speed breeding system was established Elite seed reproduction of Ata Siyez and Mergüze, registered in Siyez wheat, were completed. Disease resistant and strengthened varieties will start to s
Slide 22: Sunset
SUNSET Sunset was positioned as an export-supporting THE POWER CROSS THE sales and marketing LIMITS IN PLANT company PROTECTION FROM TURKEY TO THE WORLD Hektaş taked steps to become a world-class agricultural company in addition to its activities in the domestic with Sunset purchased in the second q
Slide 23: Arma
ARMA It is the first facility in its field to produce in Industry 2.000 m2 4.0 standards close TOTAL 3.600 m2 It is one of the 30 facilities that ARMA / ANKARA received GMP certificate from the Veterinary Medical Products Production Facility Ministry of Agriculture and Forestry in Turkey Innovative
Slide 24: Agriventis
AGRIVENTIS Drought-Tolerant Seed Will Be Produced With Agriventis 51% share of the Australian origin company was purchased in 2022 first quarter It is continuing activities in the field of “seed-growing and seed improvement” R&D studies, which are not very common in Turkey, will be started, fertile
Slide 25: Research and Development Activities
RESEARCH AND DEVELOPMENT ACTIVITIES There are 70 active projects in total, with the addition of 46 new R&D projects in the last three GEBZE / In R&D Center; months to the 24 projects existing in the first six months of 2022. 2 of the 70 R&D projects were completed in the first six months, while 4 of
Slide 26: Research and Development Activities
RESEARCH AND DEVELOPMENT ACTIVITIES In Areo Tohum Technologies Center; The Speed Breeding system was established.. With the the started studies in Biotechnology and Plant Tissue Culture laboratories, molecular markeranalyzes and cost- reducing and capacity-enhancing methods are rapidly optimized. Pr
Slide 27: 2022 Year First Nine Months Activities
2022 YEAR FIRST NINE MONTHS ACTIVITIES It purchised 51% of Agriventis Technologies which is improve drought-tolerant seed. TL 652.675.957 investment was made. III. Quarter It has being planned to make a production facility is related to plant nutrition and plant protection in Uzbekistan A cooperatio
Slide 28: 2022 Year First Nine Months Activities
2022 YEAR FIRST NINE MONTHS ACTIVITIES Revenue 185% icreased according to first quarter of the same year. Profit 237% icreased according to third quarter of the same year. EBITDA (Profit from operating activities + Amortization) 260% icreased according to third quarter of the same year. It started t
Slide 29: Equity Performance (2022 / First Nine Months)
EQUITY PERFORMANCE (2022 / FIRST NINE MOUNTHS) 70,00 IPO Date: 1981 Share In Capital: TL 860.000.000 60,00 Free Float Rate: 41,18 50,00 Equity Code: HEKTS ISIN Code: TRAHEKTS91E4R 40,00 BIST Market where Company's Capital Market 30,00 Instruments are Traded: Outright Purchases & Sales Market-(For Qu
Slide 30: Market Values of Hektaş
MARKET VALUES OF HETAŞ Carries out strategic company acquisitions,, Generating 595% profits for its investors according to previous of the same year,, Hektaş Equity has been earned 291% to his investors within the first nine months Being in the MSCI index which is traded in American Stock Ezchance,
Slide 31: Credit Rating
CREDIT RATING Short Term • Regarding grades outlook were determined as «positive». A-1+ (Trk) • It was evaluated at National & International scale as investable category. 2018 Long Term • International grades were limited with Country grade. AA- (Trk) Short Term A-1+ (Trk) • Regarding grades outlook
Slide 32: Hektaş in Figures (Revenue – Net Profit)
HEKTAŞ IN FIGURES (REVENUE – NET PROFIT) TL REVENUE YEAR 4500 REVENUE 4061 200% MILLION 180% 2021 2.021 4000 3500 185% 160% 2020 1.014 3000 140% 2019 733 120% 2500 2018 497 97% 2021 100% 2000 38% 1424 80% 2017 252 1500 47% 99% 1014 60% 733 2016 177 1000 43% 40% 497 500 177 252 20% 2022/Q3 4.061 10%
Slide 33: Hektaş in Figures (EBITDA – Gross Profit)
HEKTAŞ IN FIGURES (EBITDA – GROSS PROFIT) TL YEAR MILLION 2021 470 EBITDA 2020 255 2019 252 2018 169 2017 72 2016 43 2022/Q3 1.267 2021/Q3 352 2021 708 2020 351 GROSS PROFIT 2019 314 2018 223 2017 96 2016 69 2022/Q3 1.689 2021/Q3 479
Slide 34: Hektaş in Figures (Margins)
HEKTAŞ IN FIGURES (MARGINS) 45% 43% MARGINS 42% 2016 2017 2018 2019 2020 2021 39% (%) Gross 38% 35% 35% Profit 34% GROSS Margin PROFIT 39% 38% %5% 43 35% 35% MARGIN NET PROFIT 17% 20% 21% 20% 18% 16% Net 20% 21% 20% MARGIN 17% 18% Profit 16% 15% 13% EBITDA Margin 24% 29% 34% 34% 25% 23% MARGIN 34% 3
Slide 35: Pioneer of Smart Agriculture
RN ae NO ing a ee es emcee meaiilliliti Eo 5 / art Agriculture * ye = =e
Hektaş Ticaret T.A.Ş. — Q3 2022 Earnings Presentation on 6ix