Historical Statement from Katmerciler: 153% Increase in Operating Profit, 103% Increase in Net Profit, 83% Increase in Revenue

10.3.2016

• Having made the statement regarding its final outcomes of 2015, Katmerciler increased its revenue by 83% to 310 million, operation profit by 153% to a 45,7 million and Ebitda by 147% to a 47,3 million lira, while the company’s net profit was 18,6 million lira with a 103% increase.
• Stating that these results obtained at the 30th anniversary of the company’s establishment are the best yet, Katmerciler CEO Mehmet Katmerci says, “Our priority is to get involved in the defense industry. We have reached the final stage at the efforts regarding this goal.”

Katmerciler Araç Üstü Ekipman (KATMR), being the leader of the Turkish on vehicle material industry, has revealed its financial outcomes for 2015. The company, which was established in 1985 and has celebrated its 30th year this year, presented its best performance yet, while also raising the bar higher for itself. Having revealed a quite successful statement, the company continued its trend of healthy and profitable enlargement, in accordance with its sustainable expand goal.

Having reached serious increase in almost all balance sheet items, the company has raised its perpetual income from 170 million to a 310,6 million lira with an increase of 83%. The net profit of the company has increased by 103% from 9,1 million to a 18,6 million lira. The company’s real operating income has gone from 18 million to a 45,8 million, which means a 153% increase. The earnings before interest taxes depreciation and amortization (EPITDA) of the company has gone from 19,7 million to 47,3 million, an increase of 147%.

While the active total of the company has shown an increase from 212 million lira to a 228,7 million, the net worth has gone up by 44,5% from 43,4 million to 62,7 million.

Katmerciler has experienced a visible improvement in its profit margins during 2015 as well. In comparison to the previous year, the company’s gross profit margin has gone up from 20% to 24%, EPITDA margin from 11% to 15%, and net profit marigin from 5,4% to 6%. Preserving its exporter identity as the biggest exporter in the industry, the company’s exportations reached a value of 43 million dollars during 2015, this means that the company has raised its exportation income by 5,5% to a 115,7 million lira.

One of the Katmerciler financial outcomes that stand out the most is the dramatic decrease in the currency shortfall position. The currency shortfall of the company,while at 28,5 in 2014, decreased to 4,3 million lira in 2015.

• Katmerci: We have carried our peak higher and raised the bar, our goal of top priority is the defense industry
• Katmerciler CEO Mehmet Katmerci, evaluating the 2015 financial outcomes, states that the company has revealed its best financial results yet on the 30th anniversary of its establishment, and adds, “We raised the bar with these results, carried our peak higher”.

Emphasizing that the company has obtained serious increase in all balance sheet items, particularly profit, Katmerci expresses that they were happy to attain a success so above the expectations of investors and shareholder. While he highlighted that their main business philosophy is sustainability, Katmerci says: “We have revealed a solid and powerful balance sheet. Like we always say, we are increasing our power over the competition in national and international scales as a company with the fastest, best production and wide variety of products of the highest quality. Our new goal is to raise the bar higher with the contribution of new investments.” Mehmet Katmerci continued his statements as follows:

Katmerciler is the exportation leader of its industry with an exportation record of nearly 50 countries and a company that provides the widest range of products. We wil continue with our automation-adjuvant investments in production in accordance with our new goal. As a company whose production is completely local, we have established the most powerful R&D center of our industry. Our R&D Company will improve the competitive capacity by playing an important role in new product development. Our investments regarding the defense industry which holds the power of being a new course of expand and profitability for our company are in progress. Our new factory being built in Ankara financed by the assets of our company to largely serve for the production regarding this industry is about to be completed. Our market researches in Europe for our products with high added value. To summarize, our feet are on the ground, but we move fast.”

SUMMARY OF THE ANNUAL FINANCIAL PERFORMANCE OF KATMERCILER(2014-2015)