Financial Performance - Sisecam achieved consolidated net sales of TRY 45 billion in the first three months of 2025, with international sales accounting for 63% of total sales [2][3] - The company reported total investments of TRY 7.7 billion and exports amounting to USD 230 million during the same period [2][3] - Production figures included 1.3 million tons of glass, 1.1 million tons of soda ash, and 0.8 million tons of industrial raw materials [2] Market Environment - The CEO highlighted increased global risks and uncertainties, particularly due to escalating trade tensions between the United States and China, which could disrupt global supply chains [3] - Sisecam generates 12% of its total sales from manufacturing operations in the U.S., with 8% of exports directed to the U.S. market, necessitating close monitoring of these developments [3] Strategic Approach - The company emphasizes a measured and prudent approach to agility, focusing on making timely decisions while managing risks [4] - Sisecam is actively tracking global developments, developing multidimensional scenarios, and ensuring decisions are based on solid foundations [4] - Key areas of focus include cost management, budget alignment, operational efficiency, and financial resilience [4] Adaptability and Future Focus - Production performance remained stable in the first quarter, with capacity utilization preserved and efficiency-focused projects gaining momentum [5] - The company is leveraging its geographical diversity to spread risks and tap into different markets, potentially benefiting from varying tariff obligations [5] - Sisecam is committed to not only addressing current challenges but also positioning itself as a leader for the future [5]
Sisecam’s net sales amounted to 45 billion TRY in the first three months of the year
GlobeNewswire·2025-05-13 07:28