Ülker's Revenue Reaches TRY 32 Billion

Ülker reached TRY 32 billion in revenue during the first nine months of 2023, continuing growth across Turkey, exports and international operations. Ülker Bisküvi announced its financial performance for the nine-month period of 2023. In its disclosure to the Public Disclosure Platform (KAP), the company stated that it reached TRY 32 billion in revenue during the nine months of 2023, representing a 67% increase compared to the same period of the previous year, with Turkey operations accounting for 65% of revenue and exports and international operations accounting for 35% of revenue. Ülker Chief Executive Officer Mete Buyurgan said the company continues to maintain market leadership in biscuits and chocolate in Turkey.

Noting that the strong operational performance and new product launches in biscuits, chocolate and cake categories contributed to Ülker Bisküvi's nine-month performance, Buyurgan made the following remarks:

'We are a strong player in our region, maintaining our leadership in the biscuit market in Saudi Arabia and Egypt. We are continuing our strong growth trend in Kazakhstan and Central Asian countries. We are working to advance our company further with the strength provided by our agile management approach and to contribute to Turkey's sustainable development vision. Our consumers remain at the center of our focus in every step we take. We continuously improve our production, supply and logistics infrastructure while increasing our investments in R&D, innovation, digitalization and sustainability. The success we have achieved under these areas is reflected positively in our company's growth figures. In the 100th year of our republic, we continue to sustain our growth performance, creating added value for our employees, consumers and stakeholders.'