OYAK Çimento Fabrikaları A.Ş. reported total net sales revenue of TRY 23.37 billion in the first half of 2025. According to the disclosure made to the Public Disclosure Platform (KAP), OYAK Cement’s EBITDA for the period stood at TRY 5.716 billion, maintaining its financial resilience.
Despite deteriorating local market conditions and a tightening cash cycle, OYAK Cement recorded net sales of TRY 23.37 billion in the first half of 2025, with a 10% growth in its concrete and aggregate operations. While strong sales volumes were achieved, the EBITDA margin stood at 24% due to price increases lagging behind inflation and rising cost pressures. The company’s net profit for the period reached TRY 3.6 billion.
“TRY 2.8 Billion in Capital Expenditures in the First Half of 2025”
Highlighting the company’s expanding footprint under the global cement brand CIMPOR and its continued international operations, OYAK Cement Vice Chairman of the Board and CIMPOR Global CFO, Eralp Tunçsoy, commented on the first half results:
“As CIMPOR, we closely monitored the short-term impacts of challenging economic conditions, a more constrained cash cycle compared to previous years, tighter financial markets, and geopolitical developments. In the first half of 2025, we continued our capital investments at full speed, reaching TRY 2.8 billion in capital expenditures by mid-year. These investments strengthen our leading position in the cement sector. We expect to reap the benefits of our recent high-value investments in energy efficiency and sustainability in the coming years. Together with these investments and our solid financial infrastructure, we will provide a significant dividend payout to our shareholders this year. Despite ongoing global market uncertainties, OYAK Cement is determined to expand its footprint in the global cement market. In all markets outside of Türkiye, we operate under our CIMPOR brand and continue working to open new export channels. Our global focus on flexibility, efficiency, and sustainability, along with the investments and strategic steps we have taken in Türkiye, remain the key factors behind our strong financial and operational results this half year.”
“TRY 23.37 Billion Net Sales in the First Half of the Year”
Commenting on the half-year financial performance, OYAK Cement CEO Murat Sela stated:
“The first half of the year marked a period of cautious growth for our sector. Despite mounting cost pressures, OYAK Cement maintained its agility and resilience, and we are pleased with the economic contribution we have made through our extensive commercial scale and high employment levels. In the first half of 2025, strong domestic demand—particularly in the Southeastern region—played a key role in maintaining our market position in Türkiye. While the effects of geopolitical developments and cost pressures on the sector persist, OYAK Cement continues its journey with a strong infrastructure and a vision for sustainable growth.
Despite challenging market conditions, we achieved TRY 23.37 billion in net sales in the first half of 2025 and recorded 10% growth in our concrete and aggregate operations. Alongside strong domestic cement and concrete sales volumes, our direct contribution to the national economy through ongoing investments, strong cash flow, and effective working capital management allowed us to sustain profitability. The tight monetary policies and domestic demand balancing measures implemented to combat inflation in the Turkish economy, along with rising costs, have resulted in a cautious outlook for construction and related industries. Nevertheless, our commitment to the national economy and our focus on sustainable growth investments are clearly reflected in our performance.
Our projects in sustainable energy, alternative fuel usage, digitalization, and efficiency are progressing rapidly. The installation phase of our FIZIX digital transformation project has been completed, and we have already begun to see the resulting efficiency gains. We believe these projects will continue to create significant value for our company and stakeholders in the future. As OYAK Cement and CIMPOR, we remain committed to achieving success not only in financial performance but also in social responsibility. By enhancing our investments and operational strength, OYAK Cement will continue to grow both in Türkiye and in global markets, reinforcing stakeholder confidence through a strong dividend policy and effective financial management. I would like to extend my sincere thanks to all our employees and business partners for their contributions to this success.”
