G

Global Yatirim Holding AS
IST:GLYHO.E

Watchlist Manager
Global Yatirim Holding AS
IST:GLYHO.E
Watchlist
Price: 15.98 TRY -1.42% Market Closed
Market Cap: ₺31.2B

Global Yatirim Holding AS
Investor Relations

Global Yatirim Holdings AS engages in business of asset management and investment activities. GIH is an investment vehicle focuses on a variety of nascent business sectors and traditional non-banking financial service providers.

Show more
Loading
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q1 2020
Call Date
Jun 10, 2020
AI Summary
Q1 2020

Revenue Growth: Consolidated net revenues reached TRY 323 million in Q1 2020, up 24% year-on-year, driven by strong performance in the Power and Ports divisions.

COVID-19 Impact: The Ports division was hit hardest by the pandemic, especially cruise operations, but management implemented aggressive cost-cutting, reducing operating expenses by up to 60% for the year.

Liquidity & Solvency: The group maintains adequate liquidity and solvency, with management confident the business can withstand no cruise ship calls until mid-2022 without raising new capital.

Antalya Port Sale: Negotiations are ongoing for the Antalya Port sale, with the timeline and outcome still uncertain.

Naturelgaz IPO: The Naturelgaz IPO is planned for September, with further steps underway and alternative private equity interest also being considered.

Power Division Strength: Power division revenues more than doubled and EBITDA turned positive, with expectations for around $13 million EBITDA for the full year if current conditions persist.

Eurobond Refinancing: Eurobond refinancing is being actively worked on, with multiple strategies under evaluation, but the process is tied to other potential asset sales.

Inorganic Opportunities: Management sees significant acquisition opportunities in the cruise port sector due to industry distress.

Key Financials
Revenue
TRY 323 million
EBITDA
TRY 85.1 million
Net Loss
TRY 131 million
Net Debt
TRY 515.1 million
Cost Savings
TRY 128 million
Ports Division Revenue
TRY 130.5 million
Ports Division EBITDA
TRY 62.9 million
Gas Division Revenue
TRY 84.9 million
Gas Division EBITDA
TRY 14.2 million
Power Division Revenue
TRY 54.8 million
Power Division EBITDA
TRY 10.9 million
Mining Division Revenue
TRY 24 million
Mining Division EBITDA
TRY 4.5 million
Real Estate Revenue
TRY 9.8 million
Real Estate EBITDA
TRY 3.9 million
Brokerage & Asset Management Revenue
TRY 19.5 million
Brokerage & Asset Management EBITDA
TRY 4.7 million
Other Earnings Calls

Management

Mr. Mehmet Kutman
Chairman & CEO
No Bio Available
Mr. Erol Göker
Executive Vice Chairman
No Bio Available
Ferdag Ildir
Chief Financial Officer
No Bio Available
Ms. Asli G. Su Ata
Chief Investor Relations Officer
No Bio Available
Mr. Ugur Aydin
Chief Legal Advisor
No Bio Available
Mr. Atay Arpaciogullari
Head of Group - Business Development
No Bio Available
Yonca Yücel
Human Resources Director
No Bio Available
Mr. Serdar Kirmaz
Executive Director
No Bio Available
Mr. Çagri Kutlu
Head of Trading - Corporate Governance Officer & Treasurer
No Bio Available

Contacts

Address
Istanbul
Esentepe Mahallesi Buyukdere Caddesi 193 Apt Blok No: 193 Ic Kapi No: 2 Sisli
Contacts
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett