Tekfen Anonim Sirketi : Company Presentation August 2023
August 15, 2023 at 08:40 am EDT
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Tekfen Holding Investor Presentation August 2023
Tekfen Group
At a glance
1956 Feyyaz Berker, Nihat Gökyiğit and Necati Akçağlılar formed an engineering consulting company
1957 The three partners establish Tekfen Construction Ltd.
1963 Tekfen Industry and Trading Co., Inc. is founded to produce incandescent lamps.
1970 Foundation of
1981 Toros Fertilizer
2000
Tekfen Real Estate
2007 Partnership with
2012 Sale of Eurobank
Tekfen Manufacturing
starts production
Development Group
Eurobank EFG in
Tekfen
Tekfenbank
1971 Foundation of
1984 Foundation of
2001
Acquisition of Bank
2019 Acquisition of 10%
Tekfen Holding
Tekfen Engineering
Ekspres
Acquisition of EFG
share of SOCAR Polimer
Istanbul Securities
1975 Iraq-Turkey
1989 Tekfenbank
2003
Tekfen Tower
Acquisition of Gonen
pipeline
Acquisition of Akgübre
opens
IPO of Tekfen Holding
Yenilenebilir Enerji
fertilizer
1978 Tekfen
2005
Acquisition of
Construction goes
1992 Tekfen
Samsun Gübre fertilizer
overseas
Philarmonics
plant
2006
Completion of BTC
2
crude oil pipeline
Tekfen Group
Engineeing & Contracting
Agricultural
Industry
Investment
www.tekfen.com.tr
Tekfen Group
Corporate Governance
Ownership structure
Share Classes
Akçağlılar,
6,65%
Berker,
23,55%Free Float,
49,74%
Gökyiğit,
20,06%
Single type of shares (one share one vote)
Composition of the Board
4 out of 11 members are independent. Board members to be elected for max. of three years
Dividends
30% of the distributable income has to be paid out
Ownership Structure
No cross ownership within the group
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Tekfen Group
At a glance
Engineering & Contracting
Agricultural Industry
Investment
Main Operations:
Construction
Engineering
Fabrication
Real Estate Development
Main Companies:
Tekfen Construction
Tekfen Engineering
Tekfen Manufacturing & Engineering
GATE Construction
HMB Hallesche Mitteldeutsche Bau-A.G. (HMB)
Revenues: TRY11.0bn
EBITDA: TRY661mn
Share in consolidated revenues*: 35.7%
Main Operations:
Fertilizer production & distribution
Terminal services
Free zone operations
Seed, sapling and seedling production & distribution
Agricultural production & trade
Main Companies:
Toros Agri Industry & Trade
CFS Petrochemicals
Gonen Energy
Agroport
TAYSEB
Toros Shipping
Tekfen Agriculture & Trade
Alanar Fruit & Alanar Sapling
Revenues: TRY19.6bn
EBITDA: TRY2.7bn
Share in consolidated revenues*: 63.8%
Main Operations:
Venture Capital
Petrochemical
Real Estate Investment
Rental Activities
Insurance
Main Companies:
Tekfen Ventures
Tekfen Holding
Tekfen Real Estate Investment
Socar Polymer
Tekfen Insurance
Tekfen Tourism
Revenues: TRY149mn
EBITDA: -TRY105mn
Share in consolidated revenues*: 0.5%
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* As of 31.12.2022
Tekfen Group
Tekfen's Sustainability Vision
Tekfen's sustainability vision is conceptually embodied in the group's "Bridging Prosperity" motto. The primary goals of all economic activity are to increase social wellbeing and to improve the quality of life of the individuals who make up a society. Through its operations, Tekfen serves as a bridge that gives individuals access to the essential elements of material comfort while also paving the way to a sustainable future.
The goal of Tekfen's "Bridging Prosperity" vision is to be able to respond sustainably and flexibly to the changes implied by the redefinition of its business practices which driven by the Megatrends such as Demographic Change, Rise of Technology, and Climate Change/Resource Scarcity.
Tekfen's vision is also to develop a sustainable business model that embraces its entire value-creation chain and thereby to help contribute to the fulfillment of the United Nations' Sustainable Development Goals.
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Disclaimer
Tekfen Holding AS published this content on 15 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 August 2023 12:39:03 UTC.
Tekfen Holding AS (Tekfen) is a Turkey-based holding company active in various sectors, such as construction, agriculture, finance and real estate through its affiliates and subsidiaries. The Company operates five segments: Contracting, Agri-Industry, Real Estate Development, Banking and Investment and Services. Tekfenâs Contracting Groupâs activities include infrastructural and industrial projects in several countries, like Saudi Arabia, Azerbaijan, Georgia, Kazakhstan, Morocco, United Arab Emirates, Qatar, Oman and Bulgaria. Tekfen also engages in the production of chemical fertilizers, seed and seedlings, along with power generation and terminal operations. The Companyâs Real Estate Development Group is primarily involved in the design, construction, renting and marketing of shopping centers, office buildings, flats and hotels.