Investor Presentaiton

+1 Margin expansion delivered across the board... 0 VOLUME NET REVENUE اس EBITDA BNRI EBITDA BNRI% +47.8% +22.0% 3Q 32.8 mhl 9M 82.4 mhl +2.5% vs. PY -2.7% vs. PY 3Q 9M 8,740 mTL 20,324 mTL +24.2% vs. PY +12.5% vs. PY 3Q 10.6 mhl 9M 28.0 mhl +4.4% vs. PY +1.5% vs. PY EBI TURKEY BEER BEER ANADOLU GROUP EFES 3Q 3,768 mTL 9M 9,117 mTL +18.1% vs. PY +11.1% vs. PY 3Q 9M 3Q 9M 1.6 mhl -4.3% vs. PY 3.5 mhl 833 mTL 1,680 mTL -13.7% vs. PY +12.3% vs. PY +1.2% vs. PY mTL mTL mTL 3Q 9M 1,413 2,088 3,184 3,885 3Q19 3Q20 9M19 9M20 23.9% +3.8pp vs. PY 19.1% +1.5pp vs. PY +25.5% +7.5% 3Q 1,904 mTL FREE CASH FLOW 9M 2,896 mTL +1,104m vs. PY +1,460m vs. PY 3Q 9M 3Q 9M 543 682 1,176 1,264 3Q19 3Q20 9M19 9M20 18.1% +1.1pp vs. PY -0.5pp vs. PY 13.9% 444 mTL 688 mTL +466m vs. PY +47m vs. PY +20.6% -2.3% 3Q 9M 3Q 194 234 273 267 3Q19 3Q20 9M19 9M20 28.1% +1.9pp vs. PY 15.9% -0.6pp vs. PY 96 mTL +188m vs. PY 9M 161 mTL +477m vs. PY| 3Q 9M 3Q 9M 8.9 mhl 24.5 mhl 2,917 mTL 7,340 mTL +6.2% vs. PY +4.1% vs. PY +19.9% vs. PY +13.7% vs. PY mTL +27.1% +11.8% 3Q 9M 357 453 923 1,032 3Q19 3Q20 9M19 9M20 15.5% 13.9% +0.9pp vs. PY-0.2pp vs. PY 3Q 348 mTL +278m vs. PY *9M2019 financials are restated to exclude Doğadan as per the announcement made by Coca Cola İçecek on April 1st, 2020; therefore, the percent changes are given on a proforma basis. 9M 527 mTL -430m vs. PY 12 EFES

View entire presentation