Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi : 9M2022 Conference Call Presentation
November 03, 2022 at 09:03 am EDT
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ANADOLU EFES
9M2022
CONFERENCE CALL
PRESENTATION
03.11.2022
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.
GENERAL OVERVIEW
&
OPERATING ENVIRONMENT
Can Çaka
CEO & Beer Group President3
Strong performance for the third consecutive quarter…
Consolidated volume growth despite cycling a high base
Robust NR/ hl performance with effective RGM initiatives and positive translation
EBITDA margin improvement driven by sustained solid momentum in beer group
Effective use of FX and commodity hedging protecting against cost inflation and price volatility
All-time high FCF generation led to Net Debt / EBITDA of 0.7x as of Sep 30, 22
Further improvements in beer group guidance with better than expected results in 3Q
…with resilient volumes in Beer Group…
Russia
Market was down by mid-single digits in 3Q
Impact of YTD Price increase slightly offset by good weather
Less number of import brands
Own volume performance also below last year
Cycling a high base
Lowenbrau and Gold Mine Beer among best performing brands
Volume/profitability balance focused strategy on track
Ukraine
Resuming production in Chernigiv in 4Q
CIS
Volume growth of low-single digits on average
Kazakhstan grew slightly; contributed by premium & affordable segment growth
Low-teensdecline in Moldova; impacted by high inflation and declining purchasing power parity
Mid-to-highteens growth in Georgia; supported by growth in both beer and CSD categories
Türkiye
Volumes up by 24.0% to 1.9 mhl in 3Q
Recovery in tourism with favorable tourist mix
Positive market momentum
Strong performance by our new brand "Bremen 1827" and core brand "Efes Malt"
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Anadolu Efes Biracilik Ve Malt Sanayii AS published this content on 03 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 November 2022 13:02:04 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.
ANADOLU EFES BIRACILIK VE MALT SANAYII ANONIM SIRKETI 
