Kalekim's First-Half 2026 Net Sales Reached TRY 5.3 Billion

Kalekim announced its financial results for the first half of 2026. While the company's second-quarter net sales stood at TRY 2.97 billion, total net sales for the first half reached TRY 5.3 billion. The company's gross profit margin rose to 41 percent in the second quarter, while its first-half gross profit margin was 40 percent and EBITDA margin was 18 percent.

Kalekim, one of the leading companies in Türkiye's construction chemicals sector, reported its financial results for the second quarter of 2026 to the Public Disclosure Platform (KAP).

In the first half of the year, marked by global geopolitical developments, contraction in export markets and macroeconomic conditions, the company maintained its operations while preserving cost discipline. Kalekim's second-quarter 2026 net sales stood at TRY 2.97 billion, while total net sales for the first half of the year reached TRY 5.3 billion.

The company increased its gross profit margin to 41 percent in the second quarter compared to the same period last year. Due to the seasonal effect, improvements were also recorded in gross profit, EBITDA and net profit margins compared to the first quarter. As of the first half, gross profit margin stood at 40 percent, while EBITDA margin was 18 percent.

“We are maintaining our long-term growth targets”
Evaluating Kalekim's financial results, Kale Holding CFO Haluk Alperat stated that the first half of 2026 was challenging due to regional uncertainties and the contraction in export markets.

Alperat noted that the volume increase provided by seasonality in the second quarter, the strong distribution network and flexible cost structure supported financial performance, and made the following assessment:

“In the second quarter of 2026, our net sales stood at TRY 2.97 billion. With the contribution of our pricing power, we raised our gross profit margin above the same period last year to 41 percent. We recorded a strong improvement in our EBITDA and net profit margins compared to the first quarter. Despite periodic fluctuations, we continue to maintain our long-term organic and inorganic growth targets.”

Local structuring in Iraq being strengthened
Kalekim General Manager Soner Çetinkaya said that despite the contraction in export markets, operations in strategically important geographies continue to be pursued with a long-term perspective.

Drawing particular attention to the Iraqi market, Çetinkaya stated that the company aims to establish a lasting structure in this country not merely as an exporter and manufacturer, but with a brand- and quality-focused approach.

Noting that Kalekim's Usta Kulübü (Master Craftsman Club) ecosystem, which reaches more than 200,000 craftsmen in Türkiye, has also been extended to Iraq, Çetinkaya stated that relationships with local craftsmen are being strengthened through digital and physical channels.

Çetinkaya said, “While going through challenging periods, we are focusing on our operational efficiency and continuing on our path without compromising our vision of 'globalizing by localizing'.”

Emission reduction target exceeded 5 years early
Kalekim's sustainability efforts also stood out in the company's statements.

According to information provided by Çetinkaya, Kalekim achieved its 35 percent emission reduction target set for 2030 five years early, reaching 45 percent. It was stated that the company's Scope 2 emissions were reduced to zero thanks to the contribution of the Solar Power Plant located in Yozgat Yerköy.

It was noted that this performance was also reflected in international ESG assessments, and it was reported that Kalekim ranked 4th among 491 chemical companies worldwide and 1st in its sector in Türkiye in the LSEG ESG assessment.

In addition to financial performance, the company continues its efforts in environmental sustainability and operational efficiency as part of its long-term growth strategy.