Arcelik A.S., Turkey's leading household appliance manufacturer, is engaged in the production and marketing of consumer durable goods, consumer electronics, small home appliances and kitchen accessories as well as in the provision of after-sales services. With 28 factories in 9 countries (Turkey, China, Romania, Russia, S.Africa, Thailand, Pakistan, India and Bangladesh), 52 subsidiaries and around 45,000 employees, Arcelik provides goods and services in more than 150 countries.
Quick facts:
• Market leader in Turkey MDA6 market
•
Largest sales and after-sales service network in
Turkey with c.3.000 exclusive dealers and around
600 service points
•
Third largest home appliance company in EMEA
FINANCIAL HIGHLIGHTS
TL mn
3Q22
3Q21
Δ%
9M22
9M21
%
Revenue
34,255
18,148
89
94,724
45,666
107
EBITDA
2,986
1,782
68
8,404
5,099
65
EBITDA Margin %
8.7
9.8
8.9
11.2
EBIT
2,100
1,321
59
6,013
3,912
54
EBIT Margin %
6.1
7.3
6.3
8.6
Profit before tax
231
770
(70)
1,987
2,648
(25)
Net Profit
495
717
(31)
2,059
2,358
(16)
Net Profit Margin %
1.4
3.9
2.2
5.2
Sales (TL mn)
Beko Market Share (Europe 24 countries)
68.184 10%
40.872
8%
31.942
6%
16.096 20.841 26.904
4%
2%
0%
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
16
17
18
19
20
21
+90 212 314 3901
Mine Şule Yazgan Finance & Enterprise Risk Director
+90 212 314 3060
Öktem Söylemez
IR Lead
+90 212 705 9681
600
550 Arçelik
BIST 100
400
350
300
250
200
150
100
50
• Beko, leading brand in Europe*, UK, France*
• Leading appliance company in Romania, S.Africa
and Pakistan
• Company manufactures solely using proprietary
technology
• The only Turkish company repeatedly on the top 200
PCT applicants list of WIPO within the last 5 years
* In free-standing segment in Europe and France
SHARE INFO
# of shares (mn)
675.73
Shares in the Float (mn)
169.96
Foreign Ownership
23%
30.09.2022
Last Dividend (TL mn)
1,500
(2021)
Market Cap (TL mn)
45,409
30.09.2022
Sales Breakdown by Segment (2021)
14%
White
goods 8%
CE
Other
78%
TL mn
Current Assets
Non-current Assets
Total Assets
Current Liabilities
Non-Current Liabilities
Equity
Total Liabilites
Net Debt
Net Debt/Equity
Working Capital
Working Capital/ Sales %
Total Liabilities/Total Assets
Sales Breakdown by Region (2021)
Turkey
W. Europe
12%
CIS & E. Europe
3%2%
31%
2%
Africa
5%
M. East
Pakistan
14%
Bangladesh
30%
Other
9M22
2021
91,161
59,595
37,479
25,484
128,641
85,079
78,845
40,502
24,627
23,522
25,169
21,055
128,641
85,079
28,116
16,565
1.12
0.79
30,847
17,964
26.3
26.3
0.80
0.75
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Disclaimer
Arcelik AS published this content on 13 December 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 December 2022 10:45:04 UTC.
Arcelik AS is a Turkey-based company, which is engaged in the production, sales and marketing, customer services after sales, exportation and importation of consumer durable goods and consumer electronics. The Group operates more than 17 manufacturing plants in Turkey, Romania, Russia, China, Republic of South Africa, Thailand and Pakistan. It operates under the following business segments: White Goods, Consumer Electronics and Other. The White Goods segment comprises washing machines, dryers, dish washers, refrigerators, ovens, cookers and the services provided for these products. The Consumer Goods segment comprises televisions primarily with flat screens, computers, cash registers, other electronic devices and the services provided to consumers for these products. The Other segment comprises the revenues from air conditioners, home appliances and furniture and kitchen gadgets except products included in White Goods and Consumer Electronics.