Ülker announced its first half-year financials

Ülker Bisküvi closed the first half of 2023 with a sales revenue of 19.6 billion TL. The share of Turkiye operations in the sales revenue was 66%; while, the share of export and international operations in the sales was 34%

Ülker Bisküvi* announced in a statement sent to the Public Disclosure Platform (KAP) that its sales revenue for the first half of the year was 19.6 billion TL. The share of the company's Turkey operations in the sales revenue was 66%, while the share of export and international operations in the turnover was 34%.

Ülker CEO Mete Buyurgan stated that the company continues to grow and made the following assessment: “As Turkey's leading food company, we continue to invest in our brands, bring our new products to our consumers, and add value to our country with our exports and employment. In the first six months of the year, 24 of our new products took their place on the shelves. Our goal is to always be the leading brand that understands its consumers and pioneers trends best. We perform successfully in all categories. While we are present with our products in every household in Turkey, we export to more than 100 countries. We are a strong player in our region, and our biscuit brands maintain their leadership position in Saudi Arabia and Egypt. Our strong growth trend continues in Kazakhstan and Central Asian countries.

On our way becoming a net zero company by 2050

Buyurgan reminded that in the first quarter of the year, they made their first sustainability-related loan agreements of 330 million dollars and added, “We carry out our sustainability works with the zero waste company model. We also launched the carbon management program, addressing the entire value chain, from sustainable raw material supply to packaging management, from logistics management to waste recycling. By taking under control greenhouse gas emissions in every field, we are taking firm steps towards becoming a net zero company by 2050 with emission reduction projects.”

*A subsidiary of pladis Foods Limited

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