Sisecam Group reported consolidated net sales of TL 8 billion
Sisecam Group reported consolidated net sales of TL 8 billion and a net profit of TL 1.2 billion in the first nine months of 2017. The Group's consolidated EBITDA reached TL 2.2 billion for the same period.
Sisecam Group, a global actor in business fields including all main areas of glass industry - flat glass, glassware, glass packaging and glass fiber - as well as soda and chromium chemicals increased its total consolidated net sales revenue by 32.2% year-over-year in the first nine months of 2017, reaching TL 8 billion. The Group reported a net profit of TL 1.2 billion for the same period.
In the same period, Sisecam, a group with manufacturing activities in 13 countries in three continents and sales in all over the world, produced 3.6 million tons of glass, 1.7 million tons of soda and 2.7 million tons of industrial raw materials.
The share of international sales is 58%
"In the first nine months of 2017, our consolidated net sales have reached TL 8 billion. The share of our international sales representing the total amount of exports from Turkey and sales from overseas production is 58% in our consolidated sales. During the same period, international sales volume reached TL 4.6 billion. Thanks to ongoing efforts to optimize the cost structure and the geographical distribution of production activities, consolidated EBITDA reached TL 2.2 billion in the same period,” Prof. Ahmet K?rman, Vice Chairman and Chief Executive Officer, said.
Sisecam Group reported total investments o...
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