Kalekim's Nine-Month Net Sales Reached TRY 9.2 Billion

In the third quarter of 2026, Kalekim strengthened its production capacity and presence in international markets by focusing on domestic and international investments. The company, which established a strategic partnership in Kenya, implemented the Master Club structure in Iraq, and began serial production at its Trabzon facility, posted third-quarter net sales of TRY 3.7 billion. In the January-September period, total net sales reached TRY 9.2 billion, while the gross profit margin stood at 39 percent and the EBITDA margin at 18 percent.

Kalekim reported its financial results for the third quarter of 2026 to the Public Disclosure Platform (KAP). Continuing its cost management and operational efficiency efforts against changing market conditions, the company focused on developing its production infrastructure and strengthening its position in international markets in line with its long-term growth strategy.

Kalekim, which delivered a stronger performance in terms of sales and net profit growth in the third quarter of the year compared to the first two quarters, continued its investments and growth efforts.

"We balanced fluctuations through efficiency and cost management"

Evaluating Kalekim's third-quarter financial performance, Kale Grubu CFO Haluk Alperat drew attention to the effects of global geopolitical tensions and financing challenges on the sector.

Alperat stated that the company sought to balance the effects of market fluctuations through practices focused on cost management and operational efficiency, and said the following:

"The third quarter of 2026 was a period in which challenging conditions persisted for our sector and target markets due to the pressures created by global geopolitical tensions and financing difficulties. During this period, as Kalekim, we focused on balancing the effects of market fluctuations through our practices aimed at cost management and increasing operational efficiency. While maintaining our financial discipline, we also continued our investments in line with our long-term growth targets. In the third quarter of the year, our net sales reached TRY 3.7 billion. Through our pricing policy and efficiency-focused approach, we kept our gross profit margin at the level of 39 percent. In the first nine months of the year, our net sales reached TRY 9.2 billion, with domestic sales at TRY 7 billion and international sales at TRY 2.2 billion. In the coming period, with the contribution of our new investments, we aim to support our financial performance through effective use of our resources and to complete the year in line with our expectations."

"We are creating a lasting structure in regional markets"

Kalekim General Manager Soner Çetinkaya made assessments regarding the company's strategic steps in African and Middle Eastern markets and its international growth approach.

Stating that they are taking lasting steps in the geographies they focus on in line with their "Global Deepening" strategy, Çetinkaya noted that they established a strategic partnership with TACC Limited, their long-standing distributor in Kenya. Çetinkaya explained that, within this scope, they took over 50 percent of the shares of Kalekim East Africa Limited and assumed management control, and stated that with the facility, which has an annual production capacity of 25,000 tons, they created a supply infrastructure closer to customers in the region.

Noting that they strengthened their regional manufacturer identity through their facility in Duhok, Iraq, and their partnership with Lyksor Maroc in Morocco, Çetinkaya emphasized that they aim to create lasting value in local markets.

Çetinkaya also stated that they brought the ecosystem that brings together more than 200,000 craftsmen in Türkiye to Iraq, noting that they launched the "Iraq Kalekim Master Club" organization and mobile application. He noted that through this structure, they aim to support quality, cooperation, and professional development in the construction sector in the region.

Regional supply power increased with Trabzon investment

Kalekim General Manager Soner Çetinkaya stated that serial production began in July at the Trabzon facility, which was established within the subsidiary Kalekim Lyksor. With an annual production capacity of 50,000 tons, the facility is aimed at contributing to faster reach to customers, particularly in the Eastern Black Sea region and the northern part of Eastern Anatolia.

Çetinkaya stated that, in addition to strengthening regional production infrastructure, the investment aims to optimize logistics costs and manage supply processes more effectively, and made the following assessment:

"We began serial production in July at our Trabzon facility, which we established within our subsidiary Kalekim Lyksor. With our facility, which has an annual production capacity of 50,000 tons, we aim to reach our customers more quickly, particularly in the Eastern Black Sea region and the northern part of Eastern Anatolia. With this investment, while strengthening our regional production infrastructure, we aim to optimize our logistics costs and manage our supply processes more effectively. We will continue to increase our operational efficiency and provide faster and more effective service to our customers by developing our production and distribution processes in line with market needs."