Şişecam announced its financial results for the first half of 2025. In this period, consolidated net sales reached TRY 101 billion. International sales, representing the sum of exports from Türkiye and sales from production facilities outside Türkiye, accounted for 62 percent of total sales. In the same period, Şişecam’s total investment amounted to TRY 14.6 billion, and exports reached USD 483 million. During this period, Şişecam produced 2.8 million tonnes of glass, 2.2 million tonnes of soda ash, and 1.9 million tonnes of industrial raw materials.
Şişecam CEO, Can Yücel, stated that the global macroeconomic and geopolitical forces that emerged in 2024 continue to be key drivers shaping the business environment as the company navigates 2025.
Commenting on Şişecam’s first-half performance, Yücel said, “The slowdown in global demand, rising production costs and the impact of tight monetary policies continue to put pressure on the profitability of exporters and global players. Under these challenging conditions, Şişecam remains committed to sustainable growth, profitability and value creation for all stakeholders, and continues its operations with resilience.
“We continue to see the positive outcomes of the actions we have taken to enhance cost control and efficiency in line with the requirements of the current business environment. As these conditions are expected to persist for a while, we are carefully maintaining our optimisation approach and strategic focus on high value-added areas to strengthen our financial resilience. We consider this approach not only as a driver of our short-term performance, but also as a strategic opportunity to shape a stronger, more resilient Şişecam for the medium and long term.”
Yücel emphasised that the decisions made during this period went beyond addressing immediate circumstances, playing a key role in strengthening Şişecam’s long-term resilience and continued his remarks: “In 2025, we launched our ‘Efficiency Management Program’ to implement a more comprehensive and systematic approach to improve efficiency. In line with our priority to safeguard cash flow and maintain a strong, healthy balance sheet, we will remain focused on cost-saving and simplification initiatives, while prioritising assets and areas that generate revenue and deliver high added value.
“We are also realigning our business plans and organisational structure to enhance agility in response to changing market conditions, while updating our go-to-market strategies, pricing policies, and customer engagement approach to ensure full alignment with Şişecam’s core strategic priorities. In today’s rapidly evolving business environment, marked by diverse and complex risks, it is essential to allocate Şişecam’s resources and capabilities to the right portfolios and deploy them in the most efficient and impactful way.
“In this regard, improvements in production efficiency, reductions in operational costs, and more effective resource utilisation have all contributed positively to our profitability. Supported by price improvements, particularly in the European market, these efforts have enabled us to deliver stronger financial results.”
The full report is available here.