Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi : 1H2021 Conference Call Presentation
August 13, 2021 at 08:32 am EDT
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ANADOLU EFES
1H2021
CONFERENCE CALL
PRESENTATION
13.08.2021
Forward-Looking Statements
This presentation may contain certain forward-looking statements concerning our future performance and should be considered as good faith estimates made by the Company. These forward-looking statements reflect management expectations and are based upon currently available data. Actual results are subject to
future events and uncertainties, which could materially impact the Company's actual performance.
2
GENERAL OVERVIEW
&
OPERATING ENVIRONMENT
Can Çaka
CEO & Beer Group President
Volume momentum in 2Q yielded better than expected results…
Volumes exceeded
pre-pandemic levels in 1H
Robust revenue performance assisted
by revenue management initiatives & discount management
Increased OPEX in line
with plans
Strong Free Cash
Flow generation leading to healthy balance sheet
USD 500 million with
7-year maturity Eurobonds
USD 319.6 million
tender offer settled
Sustainability
roadmap and commitments set for a sustainable future
4
…supported by both businesses…
TOTAL VOLUME
mhl
+14.2%
33.2
29.1
2Q20202Q2021
VOLUME
BREAKDOWN
33%
2Q2021
67%
REVENUE
EBITDA
FREE CASH FLOW
TL mn
TL mn, bps
TL mn
+46.9%
~-76 bps
margin contraction
10,387
+41.5%
+9.5%
2,069
2,204
7,070
2,013
1,462
2Q2020
2Q2021
2Q2020
2Q2021
2Q2020
2Q2021
REVENUE
EBITDA
BREAKDOWN
BREAKDOWN
34%
44%
2Q2021
2Q2021
56%
66%
Soft drinks Beer
5
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Anadolu Efes Biracilik Ve Malt Sanayii AS published this content on 13 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 August 2021 12:31:06 UTC.
Anadolu Efes Biracilik ve Malt Sanayii AS is a Turkey-based company, which is engaged in the production, bottling, selling and distribution of beer under a number of trademarks and also in the production, bottling, selling and distribution of sparkling and still beverages with The Coca-Cola Company trademark. The Group owns and operates more than 14 breweries, over five malt production facilities and over 15 facilities for sparkling and still beverages production. Furthermore, the Group has joint control over Anadolu Etap Penkon Gida ve Tarim Urunleri San. ve Tic. AS (Anadolu Etap) which undertakes production and sales of fruit juice concentrates and purees in Turkey. The Group also has joint control over Syrian Soft Drink Sales & Dist. LLC (SSDSD) which undertakes distribution and sales of sparkling and still beverages in Syria.