Ülker's export and international operations grew by 61.1% in the second quarter of 2019.

Ülker Biscuit increased its sales by 38.7% in the second quarter of 2019 compared to the same period of the previous year, reaching TL 1.8 billion.

Turkish operations grew by 27.6%, with export and international operations growing by 61.1%. The company’s operating profit reached TL 275 million, with an EBITDA of TL 319 million in the second quarter. The company's consolidated EBITDA margin was 17.5%.

In a statement sent to the Public Disclosure Platform (KAP), Ülker Biscuit announced it had increased its turnover by 38.7% in the second quarter of 2019 compared to the previous year, reaching TL 1.820 billion. The company's Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) increased by 59% to TL 318.6 million in the second quarter of 2019.

The share of exports and international operations in turnover increased from 33.2% in the second quarter of 2018 to 38.5% in 2019, with its share of EBITDA increasing 5.4 points compared to 2018, reaching 45.6%.

Emphasizing the importance of the food industry for Türkiye's economy and its exports especially, Ülker’s CEO Mehmet Tütüncü stated that Ülker Biscuit is working at full strength to benefit both the country's economy and the company’s stakeholders:

“Food exports reflect on society more than other sectors. An important factor for this is that Türkiye hosts the main raw materials used in the sector. This, in turn, increases the added value of the sector to the country. Ülker Biscuit closed 2018 with a turnover of TL 5.9 billion, transferring 55.8% of our net sales to producers, the majority of whom are our farmers. In 2019, we’re continuing to grow and add value to our country."

Pointing out that Ülker Biscuit continued to grow in the second quarter of 2019, Tütüncü said, "We increased our total turnover by 38.7% in the second quarter of 2019 compared to the previous year. Our Turkish operations grew by 27.6%, with export and international operations growing by 61.1%. We raised our company’s consolidated EBITDA margin for the second quarter to 17.5%. We attribute this growth to our exports and foreign trade, which get their strength from two things: Our first and most important strength comes from our brands. We are a company with local, regional, and global brands, which allow us to grow organically. The second factor is our distribution network, which enables us to export to more than 100 countries. Export is strategically important both for our country and for us, so we made Türkiye our production and export base. Türkiye is taking firm steps towards becoming a global power, and we are working hard to provide added value to our country with our production, exports, and employment."

    • Ülker Supports “Atalık Kavılca” Wheat with Limited Edition Product

      Ülker, a leading food company in Türkiye known for its commitment to sustainable raw material sourcing, has introduced a limited edition product called "Saklıköy Kavılca Buğday," made with Atalık Kavılca Wheat, one of Anatolia's oldest agricultural products with a history dating back 13,000 years....

    • Ülker invest in supplementary food products

      A new brand from Ülker: Everwell Ülker, which stepped into the food supplement industry for the first time with "Pastil", further strengthens its claim in this category with the "Everwell" brand. Food supplement products developed by Ülker in cooperation with TÜBİTAK and released under the Everwell brand will be sold with a widespread distribution strategy....

    • Ülker's 2022 Sustainability Report has been published

      Ülker, operating with a waste-free company model since established, has published its 2022 Sustainability Report. Ülker meets approximately 43% of its electricity consumption from renewable sources, and has initiated a carbon management program that encompasses the entire value chain, from sustainable raw material sourcing to packaging management, logistics, and waste recycling. The company continues its efforts to control greenhouse gas emissions in all areas with the goal of becoming a "net zero company by 2050. ...

    • 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% ...