Eksun Gıda Increases EBITDA by 26.8% in First Quarter of the Year

Eksun Gıda announced its financial results for the first quarter of 2026 to the Public Disclosure Platform (KAP). According to data compiled under TMS 29 inflation accounting, the company generated TRY 3 billion in revenue over the first three months of the year, while continuing to increase operational profitability.

Operating in the flour and food sector under the Sinangil and Sinangil Gluten YOK brands, Eksun Gıda reported that its strategies focused on operational efficiency, digitalization, product diversification and sustainability have had positive reflections on financial results.

Strong growth in EBITDA and margins
According to the disclosed financial results, Eksun Gıda's gross profit rose 3.2% compared to the same period last year, reaching TRY 417 million. Gross profit margin increased from 11.3% to 14.1%.

In the same period, the company's EBITDA grew 26.8% to TRY 139 million, while EBITDA margin rose from 3.1% to 4.7%.

According to data compiled without inflation accounting, the company's gross profit rose 34.5% to TRY 565.9 million, EBITDA grew 45% to TRY 257.4 million, and net profit increased approximately three-fold to TRY 101.8 million.

Improvement in financial leverage
Eksun Gıda's debt-to-equity ratio declined from 1.68 at the end of 2025 to 1.43 at the end of the first quarter of 2026. The company stated that this decline supports improvements in financial risk management.

"We are progressing steadily toward our 2026 targets"
Eksun Gıda Group Chairman and CEO Hasan Abdullah Özkan, commenting on the financial results, said that the increase in profitability stems from disciplined cost management and operational efficiency.

Özkan said, "Based on data prepared under TMS 29, in the first quarter we improved our margins and strengthened our financial structure."

Data-driven management and supply strength
Emphasizing the critical role of field organization and data-driven management approach in the company's performance, Özkan stated:

"In addition to our ERP systems, we implement a multi-layered management model leveraging real-time data from the field and artificial intelligence-supported analytical capabilities. By managing raw material supply at the right time and with the right quality, we increase our operational strength."

Exports to over 20 countries
Noting that Eksun Gıda continues to grow at a global scale, Özkan stated that the company conducts exports to over 20 countries.

Stating that they operate with a sales network spanning all 81 provinces of Turkey, Özkan said they conduct exports across a wide geography, primarily including Europe, America, Central Asia and Africa.

Research and development and sustainable production investments
Eksun Gıda continues development activities on whole wheat flour and new flour varieties as part of its research and development work. The company also assumed an active role in the "Whole Wheat Bread Promotion Campaign" conducted by the Ministry of Agriculture and Forestry.

As part of sustainability investments, the company has begun investments in a wind power plant (RES) with total capacity of 18.9 MW in Izmir, aiming to increase the use of renewable energy in production processes.

Listed in Brand Finance ranking
Eksun Gıda was included in the 2025 Turkey's Most Valuable Brands list published by Brand Finance, registering its brand value at an international scale.

About Eksun Gıda
Operating within Eksim Holding since 1996, Eksun Gıda produces flour with an annual wheat processing capacity of 600,000 tonnes at its production facilities in Tekirdağ and Konya.

With over 200 product varieties under the Sinangil, Sinangil Gluten YOK and subsidiary brands, the company is listed on Borsa Istanbul Main Market.