Polisan Holding Reports TRY 6.4 Billion Revenue in 2025

Polisan Holding announced its 2025 financial results. The company completed the year with consolidated revenue of TRY 6.4 billion and EBITDA of TRY 1.1 billion.

Despite challenging global and local economic conditions, Polisan Holding focused on maintaining operational efficiency and balance sheet discipline, while taking important restructuring steps in line with its strategic priorities in 2025.

In this context, the partial separation of paints group subsidiaries through demerger was completed, while operations at Polisan Hellas—which had faced operational performance pressures for some time—were suspended and a share sale process was initiated. The sale transaction was completed as of January 2026.

In a statement by the company, it was noted that the adjustments made to portfolio structure were intended to contribute to placing financial performance on a healthier footing in the medium term.

Developments affecting financial results
The 2025 financial results were impacted by foreign exchange losses resulting from the transfer of Polisan Hellas loans to the Holding, value decreases recorded in investment properties, and deferred tax expenses recorded as a result of inflation accounting under Turkish Commercial Code ending in the final quarter of the year.

In addition, losses recorded from investments valued using the equity method created pressure on the net period result. The widening gap between inflation and foreign exchange rates and demand contraction in both domestic and European markets were among the factors affecting operational profitability.

Polisan Hellas share sale process completed
Polisan Holding completed the sale process of shares in Polisan Hellas S.A., whose operations were suspended in June 2025, as of January 2026. In this context, all shares in Polisan Hellas were transferred via Polar Teknoloji Yatırım A.Ş. to the final buyers Ilvief S.A. and Sunrise Hellas M.I.K.E. Thus, Polisan Holding's shareholding in the company ended.

In a statement from the company, it was noted that Polisan Hellas had been exhibiting weak operational performance for some time due to demand contraction experienced in the European PET market in recent years, high energy costs and intensifying competition.

"We focused on our strategic priorities"
Esra Yazıcı, Executive Management Board Member of Polisan Holding, made the following statement in her assessment of 2025:

"2025 was a period during which the impact of challenging macroeconomic conditions continued at global and local levels. During this period, we took important steps to maintain our operational efficiency, strengthen our financial discipline and transform our portfolio into a more focused structure in line with our strategic priorities. We believe that the restructuring decisions we made during the year will create a solid foundation for sustainable growth with a leaner and stronger balance sheet structure in the coming period."