ŞİŞECAM

Investor Presentation Q1'21

Content

Q1'21 & Historical Key Financial Results

Q1'21 & Historical Segmental Results

Q1'21 & Historical Regional Results

Q1'21 & Historical Operational Results

Liquidity & Capital Allocation

Sustainability

Şişecam at a Glance & Risk Management Policies Appendix

Page 3-4

Page 5-7

Page 8-9

Page 10-13

Page 14-18

Page 19-22

Page 23-24

Page 25

2

Q1'21 Key Financial Results

Revenue (TL mn)

Gross Profit (TL mn)

EBITDA (TL mn)

23%

34%

Net Income After

Minority Interest

(TL mn)

32%

29%

25%

5,686

4,615

1,936

1,496

1,638

1,144

Q1'20

Q1'21

Q1'20

Q1'21

Q1'20

Q1'21

* EBITDA and Net Income After Minority Interest are adjusted to one-off items

24%

9%

1,348

433

Q1'20Q1'21

3

Historical Financial Results

TL mn

29%

26%

21,341

25%

18,059

25%

22%

15,550

24%

23%

11,318

8,569

4,298

4,962

4,615

5,686

4,033

2,810

1,919

1,144

1,638

2016

2017RS

2018

2019

2020

Q1'20

Q1'21

Revenue

Adjusted EBITDA

Adjusted EBITDA Margin

2016

2017RS

2018

2019

2020

Q1'20

Q1'21

Revenue Growth Y-o-Y

16%

32%

37%

16%

18%

18%

23%

4

Q1'21 Segmental Revenue and EBITDA

Architectural Glass

(TL mn)

33%

Auto Glass (TL mn)

Glassware (TL mn)

Glass Packaging

(TL mn)

Chemicals (TL mn)

22%

1,640

8%8%

29%

20%

28%

30%

35%

30%

962

541

747

720 793

1,112 1,225

1,007 1,143

Q1'20 Q1'21

--- EBITDA Margin

70% YoY Revenue

Increase

+27% Volume

+27% Price & Mix

+16% Currency

Q1'20 Q1'21

--- EBITDA Margin

38% YoY Revenue

Increase

-25% Volume

+31% Price & Mix

+32% Currency

Q1'20 Q1'21

--- EBITDA Margin

10% YoY Revenue

Increase

-12% Volume

+22% Price & Mix &

Currency

Q1'20 Q1'21

--- EBITDA Margin

10% YoY Revenue

Increase

-5% Volume

+5% Price & Mix

+10% Currency

Q1'20 Q1'21

--- EBITDA Margin

14% YoY Revenue

Increase

+1% Volume

-10% Price & Mix

+23% Currency

  • All EBITDA margin figures are adjusted to one-off items
  • Intra-grouptransactions are excluded from all revenue figures

5

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Türkiye Sise ve Cam Fabrikalari AS published this content on 10 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 May 2021 16:47:06 UTC.