Sabancı Holding Increases Its Revenues by 10 Percent

Sabancı Holding Increases Its Revenues by 10 Percent

Sabancı Holding's revenues increased by 10 percent in 2019 compared to the previous year and reached 60 billion TL.  Sabancı Holding has announced its 2019 financial results. Accordingly, the group's consolidated sales, which increased its revenues by 10 percent compared to last year, amounted to 60 billion TL. The views in a statement, the Sabancı Holding CEO) Cenk Alper, of 2019 strategic roadmap identified in dissociates from the growing competition in businesses and throwing many of my name was a year, noting that a long-term perspective with disciplined financial management that they created reflected the positive results of this period of noted. Strong operational profitability, efficient cash management and strong financial performance with a ratio of indebtedness the year, complete with falling and transmits Alper, "our strong financial management approach, as well as environmental and sustainability issues, renewable resources to invest in our long-term perspective had positive reflections. We have continued to be a pioneer in all sectors where we exist with our focus on technology and digitisation and we have achieved growth., "he said. "OUR ENERGY BUSINESS ARM CREATED THE HIGHEST VALUE IN OUR NON-BANK PORTFOLIO"   Cenk Alper stated that Akbank made significant investments in digital banking in line with technological trends while maintaining its strong balance sheet structure in 2019, adding: "This year, we have provided a loan support of 269 billion TL to our economy. Our energy business line is again the highest value in our non-bank portfolio. We continued our distribution investments at Enerjisa Energy, and at Enerjisa Production, we saw the positive results of our balanced production portfolio and our effective processes. Thus, we added half of the 1000-megawatt capacity to the Enerjisa Production portfolio, which was opened for allocation in the tender.We focused on value-added production in the industry and completed our fourth company acquisition in the composite of future business with Axiom Materials. yLeM by Kordsa has become a strategic supplier of key players in the aerospace and civil aviation. " "WE WILL CONTINUE TO TAKE CARE OF OUR SUSTAINABLE RESPONSIBILITIES"  Sabanci Holding CEO Alper, 40 years for more than noting the cement sector, they ran the global leadership with Cimsa white cement, used the following phrases: "In Akçansa logistical advantage we had and efficient port management with our in 2019 as Turkey's history of cement, we realized the highest exports. Retail jobs in our arm We focused on multi-channel experience, customer relationship management, digitalization, and data analytics. One of the most important elements that enable us to achieve all these successful results is the ongoing cultural transformation of our community. We will add more value to our community in the coming period by developing the competencies of our most important asset, our human resources, according to the world of the future and leveraging the power of the ecosystem. Dynamic Strategic Portfolio Management will continue to be our focus of technological and cultural transformation. Share performance will be our top priority. We will continue to take care of our sustainability responsibilities in all our activities by prioritizing the environmental and climate change sensitivities that are also included in our long-term strategy."