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News Akçansa’s sales rise by 13% to Euro285m in 2018

Akçansa’s sales rise by 13% to Euro285m in 2018

Written by Global Cement staff 27 February 2019
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Turkey: Akçansa’s sales revenue grew by 13% year-on-year to Euro285m in 2018 from Euro252m in 2017. Its net profit increased by 21% to Euro29.8m from Euro24.7m. The joint venture between Sabancı Holding and Germany’s HeidelbergCement attributed its sales growth to continued efforts to protect its domestic market against competition and its growth overseas. Umut Zenar, Akçansa General Manager, said that the company started exporting products from Ambarlı Port in 2018. The cement producer aims to double its exports during 2019.

Published in Global Cement News
Tagged under
  • Turkey
  • Akçansa Çimento
  • Results
  • HeidelbergCement
  • Sabancı Holding
  • GCW393

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