Ulker closed the year 2023 with a turnover of ₺56 billion with strong growth in the markets

Ulker Biskuvi, Turkiye’s leading food company, closed 2023 with a turnover of ₺56 billion. The company aims to continue its leadership and strong growth in the markets in which it operates in 2024.

Ulker Biskuvi* completed the year 2023 with very successful business results and increased its turnover to ₺56 billion. According to the statement sent by the company to the Public Disclosure Platform (KAP), Ulker Biskuvi, whose export and foreign operations have a 32% share in the turnover, has managed to maintain its leadership in the biscuit market in Turkiye, Saudi Arabia and Egypt, and its strong growth in Kazakhstan and Central Asian countries.


Reminding that Ulker Biskuvi exports to more than 100 countries around the world and continues its production in 13 factories, 9 in Turkiye and 4 abroad, with more than 9 thousand employees, Ulker CEO Mete Buyurgan gave the following information about 2023: “We ended a difficult year with important and first-breaking achievements. At the beginning of the year, we completed Ulker Biskuvi’s first sustainability-related loan agreement for a total of $330 million. We continued our understanding of sustainability, which is at the center of our way of doing business, in the field of financing.

We expanded our work on sustainable raw material supply with our Water Risks and More than Hazelnut projects. According to the environmental, social and governance (ESG-Environmental, Social & Governance) performance evaluation results of public companies conducted by the international financial analysis and reporting organization LSEG (London Stock Exchange Group), we ranked first among the companies evaluated worldwide in our category in January 2024 with our performance.

While our leadership in the market continues, last year we introduced a total of 47 new products to our consumers in Turkiye in the biscuit, chocolate and cake categories. Innovation and digitalization continued to be very important priorities this year. We commissioned 20 autonomous mobile robots in our Gebze Factory. Robots, which can transport 2,600 types of materials, especially raw materials and packaging, will provide cost advantages by increasing production efficiency in the factory.

We will continue our strong performance in 2024 and contribute to our country, our economy, our employees, our consumers and all our stakeholders. We will continue our work with our waste-free company culture. “In addition to improving our product range, it will be our priority to use innovation at many points, from digitalization to product supply to further strengthening our distribution network.”

Source: Sabah / Prepared by Irem Yildiz

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