Ülker's Revenue Reached TRY 5.9 Billion in the First Quarter of 2022

Ülker's Revenue Reached TRY 5.9 Billion in First Quarter of 2022 Ülker Bisküvi disclosed its financial results for the first quarter of 2022. According to the disclosed data, Ülker Bisküvi continued its growth in the first quarter of this year and increased its revenue to TRY 5.9 billion. Ülker Bisküvi shared its financial results in a statement sent to the Public Disclosure Platform (KAP). According to the shared information, the company's sales reached TRY 5.9 billion in the first quarter of this year. The company's Turkey operations accounted for 60% of revenue, while exports and overseas operations accounted for 40% of revenue.

Ülker CEO Mete Buyurgan Comments on Company Performance

Ülker CEO Mete Buyurgan provided information on the company's performance and noted that Ülker Bisküvi continues to contribute to the country through its production, exports, employment and investments. Buyurgan stated: "While the impact of the pandemic is diminishing, it continues. We closely monitor fluctuations in global economies, increases in input costs, potential risks in the supply chain, and war and geopolitical developments in the region. With our strong and proactive risk structure, our agile organization ready for every scenario, our workforce across wide geographies and successful management in light of our strategies, our company closed the first quarter of 2022 with revenue of TRY 5.9 billion."

"We Introduced More Than 150 New Products to Our Consumers in Turkey Over the Last Two Years"

In his statement, Mete Buyurgan also noted that the company maintained its strong market position and steady growth in all geographies where it operates, including Turkey, the Middle East, North Africa and Central Asia, Saudi Arabia, Egypt and Kazakhstan. Buyurgan said: "Taking into account trends and demands, we introduced more than 150 new products to our consumers in Turkey over the last two years. Our factories in Turkey have become the production and export hub of all our snacking business. We produce in Turkey and export our products to more than 100 countries around the world. With the strength we draw from our leadership and our brands, we will continue our stable growth strategy this year by contributing to stakeholders."