In the first half, Group’s net profit increased by 83% and reached USD 136 million.
Şişecam Group, a global actor in business fields including all main areas of glass (flat glass, glassware, glass packaging and fiberglass) as well as soda and chrome compounds, announced USD 1.6 billion consolidated net sales for the January-June 2014 period. The share of international sales, which represent the exports from Turkey and the sales from overseas production, in total sales was 51%. In the first half of 2014, the Group produced a total of 1.8 million tons of glass, 1 million ton of soda and 1.9 million tons of industrial raw materials at its domestic and overseas facilities.
“Şişecam made an investment spending of USD 314 million in the first half of the year. The high amount of liquid resources that we have is an advantage in the financing of investments. Our aim is to further strengthen our financial structure so that the Group can maintain its continuous growth and we can be supported in our growth efforts in the future. We constantly assess the necessary policies required to achieve our goals while taking the circumstances of the global economy into consideration.”
Şişecam Group
One of the most established enterprises in Turkey, Şişecam Group is a global actor in business fields including all main areas of glass, i.e. flat glass, glassware, glass packaging and fiberglass, as well as soda and chrome compounds. Şişecam, 2nd largest glassware, 3rd largest flat glass and 4th largest glass packaging manufacturer in Europe in terms of production capacity, has manufacturing activities in Turkey, Germany, Italy, Bulgaria, Romania, Slovakia, Hungary, Bosnia-Herzegovina, the Russian Federation, Georgia, Ukraine, Egypt and India. An international Group with an experience of 79 years, more than 20.000 employees, manufacturing activities in 13 countries and sales in 150 countries, Şişecam aims at becoming one of the three largest global manufacturers in line with its vision for 2020.
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