OYAK Çimento Stands Out in Sector with First-Quarter Results

OYAK Çimento achieved net sales of TRY 10,355 million in the first quarter of 2025, continuing its sustainable growth trajectory supported by strong operational performance and a sustainability-focused approach, as global economic structures began to have deeper and more pronounced local effects.

OYAK Çimento announced its financial results for the first quarter of 2025. According to a disclosure made to the Public Disclosure Platform (KAP), OYAK Çimento recorded net sales of TRY 10,355 million in the first quarter of 2025, while EBITDA for the period reached TRY 2,752 million.

"We Are a Local Player on a Global Scale"
Eralp Tunçsoy, Vice Chairman of the Board of OYAK Çimento and Global CFO of CIMPOR, noting that CIMPOR-OYAK Çimento consolidated its operations under the global cement giant TCC Group Holdings in the previous year, evaluated the first quarter 2025 financial results as follows: "As CIMPOR, despite challenging economic conditions and tightening in financial markets, we continued to see the positive effects of being a 'Local Player on a Global Scale' in the first quarter of 2025 as we did in the previous year, and we maintained growth and demonstrated successful financial performance.

Our partnership with TCC Group Holdings has further strengthened OYAK Çimento's position worldwide, and as a result of the strong financial and operational performance of our OYAK Çimento brand in the Turkish market, which is an important part of our growth strategy, we achieved sustainable growth and high profitability this quarter as well. At our large-scale gathering in Istanbul with TCC Group Holdings in April, we once again emphasized our strong partnership and confidence in the country.

Along with the strong performance in our domestic cement and concrete sales volumes, thanks to our ongoing investments without pause and the direct contribution we provide to the country's economy, strong cash flow and effective working capital management, we differentiated ourselves positively from other players in the sector, particularly in terms of profitability. Our global-scale focus on flexibility, efficiency and sustainability objectives, combined with our investments and actions in Turkey, stand out as the most significant factors in achieving the financial and operational results we obtained this quarter. Looking at the current situation, in light of the challenging conditions that we believe will span a short-term period ahead, we are maintaining our positive expectations for the future and continuing to implement our strategies."
 
Murat Sela, General Manager of OYAK Çimento, expressed the following views regarding the first quarter financial results: "As OYAK Çimento, we are proud to rank among the world's leading players in the cement sector, which makes significant contributions to the global economy with its broad commercial volume and high employment. We are extremely pleased with the financial results we achieved in the first quarter of 2025. These results reflect the performance we have delivered through our activities carried out in line with our confidence and responsibility towards the country's economy, our investments focused on sustainable growth, and our successfully executed digital transformation.

We believe that our activities, which place Occupational Health and Safety and Sustainability at the forefront, will continue to create high value for our stakeholders in the coming periods with our agile management approach and innovative outlook. As OYAK Çimento and CIMPOR, we will continue to achieve success not only in financial matters but also in the field of corporate social responsibility. I extend my deepest gratitude to all our employees and business partners for their contributions to this success."