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Şişecam: net sales up to TRY 58 billion in the first half of 2023

Şişecam announced its financial results for the first half-year of 2023. Consolidated net sales totalled TRY 58 billion (USD 2.9 billion) in the period. The company’s international sales – comprising the total of exports made from Türkiye and sales from out of Türkiye production – accounted for 64 percent of its consolidated sales. Şişecam’s total investment in the first half of the year amounted to TRY 7.1 billion (USD 357 million). Its exports totalled USD 560 million. In the first half of the year Şişecam produced 2.5 million tonnes of glass, 2.3 million tonnes of soda ash, and 1.8 million tonnes of industrial raw materials.

Şişecam’s CEO Görkem Elverici made the following statement regarding the company’s financial results for the first half-year of 2023: “While the business world continues to struggle with ongoing economic and geopolitical risks on a global scale, Şişecam is forging ahead on its growth journey. We are driven by our ability to adapt swiftly to an ever-evolving market environment along with our transformation efforts and data-driven decision-making approach.

“Şişecam differentiates from the competition with its use of smart technology and its highly skilled human resources. We are continuously developing by capitalizing on the unique experience we have acquired as a well-established global industrial enterprise of 88 years. We move forward on our development journey with promising investments that support our goal of ranking among the world’s top manufacturers in our core business areas.”

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