
CEO's Message
Dear Stakeholders, The first quarter of 2025 has been a period in which decisive steps were taken in pursuit of economic stability in our country, and the effects of anti-inflationary policies began to be felt. With the continuation of tight monetary policy, a healthier balance between market mechanisms and implemented practices has been established; a limited but steady improvement has been observed in inflation indicators. Despite operating in a financial environment where access to credit has become more challenging, Alarko Holding has successfully continued all its operations thanks to strong cash management and financial discipline. In line with our budget targets, we have managed our resources meticulously and shaped our investment decisions with a selective and controlled perspective. In the first quarter of 2025, our total investment amount, including Alarko Holding’s share, reached 4 billion TL. This amount constitutes a relatively limited portion of our investment plans for the entire year. The investments made during this period include not only new areas but also improvement and transformation projects aimed at increasing the effectiveness and efficiency of our existing operations. Our approach that prioritizes sustainability in our financial structure has continued to support our profitability during this period; our low debt ratio and strong balance sheet have enabled us to maintain our stability. As a result of our consolidated activities, our EBITDA approached 2 billion TL, and the contribution of new investment areas continued to increase during this period. Within the scope of our sustainable business model and diversified business lines, we continue to create value in key sectors of development such as energy, industry, contracting, construction, infrastructure, tourism, modern agriculture, and aviation, while also expanding our international operations in a planned manner. As an extension of our geographic diversification strategy, our ongoing modern greenhouse investment in Kazakhstan serves as a significant example of transferring the innovative business models, effective management capacity, and technical expertise we have developed in Turkey to the international arena. Creating value in economic, environmental, and social dimensions with a responsible investor perspective constitutes a core component of our corporate philosophy. In line with this vision, we will resolutely continue our investments that contribute meaningfully to our country’s economy, as well as the projects within our digitalization, innovation, and sustainability roadmap across the Group. As a well-established Group of Companies with a history spanning over 70 years, we will continue to carry forward our experience and expertise with future-oriented investments. I sincerely thank our colleagues, Board of Directors, business partners, and shareholders who empower us on this meaningful journey.
Read MoreWe Take Every Step for a Solid Future
Founded in 1954 as a limited partnership by İshak Alaton and Üzeyir Garih, Alarko Holding is one of the most respected enterprises of the Turkish economy with its leading brands, extensive knowledge and experience in various fields, high-technology driven R&D investments, national sales network, international projects and ambition for global competition.
3
Public Company
46
Billion TL Combined Turnover
1974
Public Opening
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