Investor Presentaiton
Summary Financials:
Guidance Delivered Despite Challenges
NET SALES REVENUE
GROSS PROFIT
Investor
Presentation
\CCI
TL 21.9 billion in FY21
Up 52.4% YoY (49% organic)
TL 5.6 billion in 4Q21
Up 74.8% in 4Q21 (60% organic)
driven by improving product and
channel mix, timely price increases and
discount management
NET
INCOME
TL 2.3 billion
Up by 84.3% in FY21
Substantial FX gain of net long position
TL 7.7 billion
Up 52.1% in FY21
Up 70.1% in 4Q21
Gross margin
@34.7% in 4Q21
ā Down 94 bps
higher cost base of raw materials
FREE CASH
FLOW
TL 2.2 billion
1.7% NWC/Sales
Prudent capex
EBITDA
TL 4.7 billion
> Up by 48.8% with 21.3%
margin in FY21
Up by 75.7% in 4Q21
Guidance delivered
CAPEX
6.0%*
32% in Turkey;
68% in Int. Operations
(*) Capex/Sales
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