ANADOLU EFES BIRACILIK VE MALT SANAYII ANONIM SIRKETI 9M2023 INVESTOR PRESENTATION
Forward-Looking Statements & Disclosure
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.
Anadolu Etap Tarım financial results started to be consolidated in Anadolu Efes' financials as of April 11, 2023. 3Q2023 and 9M2023 consolidated P&L, as well as the balance sheet as of 30.09.2023 incorporate Anadolu Etap Tarım financials. Likewise, Anadolu Etap İçecek financial results started to be consolidated in soft drink operations' as of April 19, 2023. 3Q2023 and 9M2023 consolidated P&L along with the balance sheet as of 30.09.2023 include Anadolu Etap İçecek figures. All operational performance metrics presented in this earnings release are on a reported basis (including Anadolu Etap Tarım and Anadolu Etap İçecek), except indicated otherwise.
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ANADOLU EFES OVERVIEW
Anadolu Efes At A Glance
TOTAL VOLUMES | REVENUE |
123.5 mhl | TL 90.5 bn |
EBITDA (BNRI) | FREE CASH FLOW |
TL 17.4 bn | TL 6.1 bn |
BEER OPERATIONS | SOFT DRINK OPERATIONS |
6 countries | 11 countries |
21 Breweries, | |
30 Bottling plants | |
100+ brands | |
1.9 bn UC production capacity | |
52.2 mhl brewing capacity | ~900 thousand sales points |
34.0 mhl beer volume | 1.6 bn UC sales volume |
Strong LEADER positions | Strong #1 or #2 positions |
Serving
750 mn
Population
70+
Export Countries
Europe's 5*th
World's 9*th
Largest Brewer
Among
Top 10
Largest Coca-Cola Bottlers
* The Barth Report 2021/2022 **Numbers are as of FY2022 | 4 |
Ownership Structure & Subsidiaries
50.3%
24%
43%
33%
Free Float
20.1%
50.3%
28.1%
Free Float
1.5%
BEER OPERATIONS
50%
Russia
Türkiye
Kazakhstan
Moldova
Georgia
50% Ukraine
SOFT DRINK OPERATIONS
Türkiye Azerbaijan
Kazakhstan Kyrgyzstan
Jordan Pakistan
IraqUzbekistan
SyriaTurkmenistan
Tajikistan
5
OUR STRATEGY6
Strategic Core Priorities
WINNING PORTFOLIO
- Consumer First
- Resilient mainstream core brands
- Smart innovation and NPDs to accelerate growth in premium, non- alcohol & beyond beer
- Spirits alliances (e.g. distribution)
PEOPLE
- Be the employer of choice inside & outside of the Company
- Unleash the potential of our talents
- Build the best working culture and environment for a winning organization
OPERATIONAL EXCELLENCE
- Quality mindset
- Focus on smart procurement plans to secure supply continuity
- Secure the cost base
- Continue to improve E2E Planning Processes
GEOGRAPHIC EXPANSION & GROWTH
- Expand geographically into potential adjacent markets through M&A
ACCELERATORS:
FINANCIAL DISCIPLINE
- Profitable revenue growth
- Drive value out of effectively managing working capital and CAPEX
- Be prudent in expense management leading to sustainable profitability margins
DIGITALISATION
- Seamless Omni-channel Experience
- Data Driven Business Analytics
- Empowered Omnidirectional Mobility
SUSTAINABILITY
- Target zero for the environment
- Increase our support for social impact
- Get stronger through diversity & inclusion
7
Vision, Mission & Values
Russia & Ukraine
OUR VALUES:
PASSIONATE
AGILE
COLLABORATIVE
ACCOUNTABLE
OUR VISION:
Be the largest brewer from Adriatic to China by developing and owning social life and beer culture.
OUR MISSION:
We brew joy passionately and responsibly.
FAIR
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Investment Theme
Diversified business model
- including beer and soft drinks
- Strong market positions across all operations
3 Significant potential in demographics
Prudent opex & capex
4 management by internalizing Zero-BasedSpending culture
5
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7
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Strategic Partnerships with World's leading FMCG companies; AB InBev & TCCC
Excellent brand portfolio with
some of the world's best known
brands and strong regional brands
Disciplined financial management
Proven track record of expansion
& growth in emerging markets
9
GENERAL
OVERVIEW
&
OPERATING ENVIRONMENT
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Disclaimer
Anadolu Efes Biracilik Ve Malt Sanayii AS published this content on 08 November 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 November 2023 11:13:49 UTC.
