Global Investment Holdings Group Companies
- 2021 Guidance vs Realization
- 2022 Guidance
January 2022
Disclaimer
The information contained in this document has not been independently verified. No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this document. This document may also contain certain forward-looking statements concerning the future performance of Global Investment Holdings ("GIH" or "the Group") and should be considered as good faith estimates. These forward-looking statements reflect management expectations and are based upon current data. Actual results are subject to future events and uncertainties, which could materially impact GIH's actual performance.
GIH, and its respective affiliates, advisors or representatives, shall have no liability whatsoever for any loss howsoever arising from any use of this document or its contents or otherwise arising in connection with this document. GIH undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Therefore you should not place undue reliance upon such statements.
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GIH Group Companies
2021 Guidance vs Realization (1/2)
Port Infrastructure | 2019A | 2020E* | 2021G | |
Revenue (mn TL) (exc. IFRIC 12, mn TL) | 668,5 | 396,1 | 25-90% | Growth |
Adjusted EBITDA (mn TL) | 437,1 | 131,7 | 50-200% | Growth |
Passengers (consolidated and managed ports, mn PAX) | 5,3 | 1,3 | 2x-6x Growth | |
# of Cruise Ports | 18 | 19 | 19-25 |
Gas | 2019A | 2020E* | 2021G | |
Revenue (mn TL) | ||||
Operating EBITDA (mn TL) | Capital markets activity restricted due to the IPO | |||
3 | ||||
Volume (mn Sm ) | ||||
Power | 2019A | 2020E* | 2021G | |
Revenue (mn TL) | 148,5 | 261,8 | 18-28% Growth | |
Operating EBITDA (mn TL) | 18,3 | 96,9 | 30-45% Growth | |
Co/Tri-Generation | ||||
Revenue (mn TL) | 41,5 | 71,8 | 12-22% Growth | |
Electricity Generation (Kwh) | 262.285 | 307.532 | -5%-+5% Growth | |
Biomass | ||||
Revenue (mn TL) | 91,0 | 159,0 | 20-30% | Growth |
Electricity Generation (mw) | 122.207 | 171.378 | -5%-+5% | Growth |
Solar | ||||
Revenue (mn TL) | n.a. | 18,9 | 11-21% | Growth |
Electricity Generation (mwp) | n.a. | 20.098 | -5%-+5% | Growth |
* 2020 and 2021 figures are based on MIS numbers, which may differ from IFRS financials.
2021 Realization
2022G | |
200-500% Growth | |
15-45x Growth | |
3x-6x Growth | |
23-27 | |
70-140% Growth | |
50-115% Growth | |
8-18% Growth | |
40-75% Growth | |
50-85% Growth | |
15-35% Growth | |
-5%-+10% | Growth |
60-75% | Growth |
0-10% | Growth |
50-60% | Growth |
5-10% Decline |
Realization lower than guidance | Realization in line with guidance | Realization higher than guidance |
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GIH Group Companies
2021 Guidance vs Realization (1/2)
Mining | 2019A | 2020E* | 2021G | 2021 | 2022G | ||
Realization | |||||||
Revenue (mn TL) | 96,0 | 88,7 | 50-65% | Growth | 80-100% | Growth | |
Operating EBITDA (mn TL) | 32,7 | 26,9 | 68-83% | Growth | 90-125% | Growth | |
Exports sales volume (tons) | 463.123 | 348.721 | 10-25% | Growth | 6-10% | Growth | |
Domestic sales volume (tons) | 20.331 | 17.790 | 5-15% | Growth | 50-100% Decline |
Real Estate | 2019A | 2020E* | 2021G | ||
Revenue (mn TL) | 42,5 | 29,6 | 13-33% Growth | 50-80% | Growth |
Operating EBITDA (mn TL) | 21,1 | 10,8 | 60-90% Growth | 100-145% | Growth |
# of Shopping Mall Visitors (mn) | 10,6 | 4,9 | 8.0-9.5 | 30-50% | Growth |
Commercial and Residentials Real Estate Sales (m ) | 1.401 | 1.728 | 1.400-1.850 | 150-250% | Growth |
2 |
Finance | 2019A | 2020E* | 2021G | ||
Revenue (mn TL) | 53,5 | 101,0 | 40-60% | Growth | 15-30% Growth |
Operating EBITDA (mn TL) | 2,7 | 31,0 | 50-70% | Growth | 10-20% Decline |
Asset Management | |||||
Revenue (mn TL) | 6,4 | 4,8 | 9x-10x Growth | 50-100% Growth | |
Operating EBITDA (mn TL) | 0,7 | 0,6 | 16x-17x Growth | 40-50% Decline | |
Asset Under Management (bn TL) | 1,0 | 6,4 | 8-10 | 25-50% Growth | |
Brokerage | |||||
Revenue (mn TL) | 47,1 | 96,3 | 0-30% | Growth | 5-10% Growth |
Operating EBITDA (mn TL) | 1,9 | 30,4 | 30-50% | Growth | 5-10% Decline |
Trading Volume (bn TL) | 80 | 225 | 200-400 | 200-350 | |
* 2020 and 2021 figures are based on MIS numbers; which may differ from IFRS financials | |||||
Realization lower than guidance | Realization in line with guidance | Realization higher than guidance |
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Disclaimer
The information contained in this document has not been independently verified. No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this document. This document may also contain certain forward-looking statements concerning the future performance of Global Investment Holdings ("GIH" or "the Group") and should be considered as good faith estimates. These forward-looking statements reflect management expectations and are based upon current data. Actual results are subject to future events and uncertainties, which could materially impact
GIH's actual performance.
GIH, and its respective affiliates, advisors or representatives, shall have no liability whatsoever for any loss howsoever arising from any use of this document or its contents or otherwise arising in connection with this document. GIH undertakes no obligation to update any forward- looking statements, whether as a result of new information, future events or otherwise. Therefore you should not place undue reliance upon such statements.
For further information, please contact:
Investor Relations
Global Yatırım Holding A.Ş.
Büyükdere Cad. No: 193 Şişli İstanbul TURKEY
Phone: +90 212 244 60 00
Email: investor@global.com.tr
Website: www.globalyatirim.com.trfacebook.com/GLYHOIRtwitter.com/GLYHOIR
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Global Yatirim Holding AS published this content on 06 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 January 2022 17:37:04 UTC.