Eregli Demir ve Celik Fabrikalari TAS
IST:EREGL.E

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Eregli Demir ve Celik Fabrikalari TAS Logo
Eregli Demir ve Celik Fabrikalari TAS
IST:EREGL.E
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Price: 24.44 TRY -2.71% Market Closed
Market Cap: 171.1B TRY

Eregli Demir ve Celik Fabrikalari TAS
Investor Relations

Eregli Demir ve Celik Fabrikalari TAS, commonly known as Erdemir, stands as a prominent pillar in Turkey's industrial landscape, nestled along the Black Sea coast. It was founded in 1965 and has grown to symbolize the nation's robust commitment to steel production. The company's operations are rooted in a sprawling integrated steel plant in Eregli, which acts as the heart of its operations. Here, Erdemir navigates the intricate processes of iron-making and steel-making, refining raw materials to produce a diverse portfolio of products. Its offerings range from hot and cold-rolled sheets, plates, to tin, chrome, and zinc-coated steels, catering to sectors as critical as automotive, manufacturing, and construction. This vertical integration, from raw material processing to finished product manufacturing, is a cornerstone of Erdemir's operational efficacy, ensuring control over quality and cost.

Erdemir's financial viability thrives on this comprehensive supply chain framework, driving its revenue through both domestic sales and growing exports. As the demand for steel surges globally, fueled by infrastructural developments and industrial advancements, Erdemir is strategically positioned to capitalize. Its competitive edge is further sharpened by continuous technological advancements and strategic partnerships, fostering an environment of innovation and sustainability. By investing in cutting-edge technology and adopting eco-friendly practices, Erdemir not only shaves production costs but also aligns with global sustainability trends. This blend of traditional metallurgical practices with modern efficiency mechanisms assures a steady revenue stream, reinforcing its status as one of Turkey's industrial champions.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Oct 21, 2025
AI Summary
Q3 2025

Revenue & Profit: Erdemir reported $3.8 billion in revenue, $341 million EBITDA, and $62 million net profit for the first 9 months of 2025.

Sales Volumes: Crude steel capacity utilization improved from 75% to 90% in Q3, and the company expects to finish 2025 with about 7.8 million tonnes of sales.

EBITDA Per Tonne: Full-year EBITDA per tonne guidance was revised down to $60–$65 from a previous $70, citing weaker market conditions.

CapEx Outlook: 2025 CapEx is expected at $800–$850 million, but will drop to $600–$650 million per year for 2026 and 2027, with a potential increase if gold mine investment proceeds.

Regulatory Protection: Management believes Turkey’s updated inward processing regime and antidumping measures will shield domestic producers from import surges.

Investment Impact: Newly commissioned facilities contributed $20 per tonne to EBITDA in Q3, expected to rise to $40 per tonne by Q1 2026.

Key Financials
Revenue
$3.8 billion
EBITDA
$341 million
Net Profit
$62 million
EBITDA per tonne
$68
Crude Steel Capacity Utilization
90%
Sales Volume
7.8 million tonnes (expected for 2025)
Export Share of Sales (Q3)
19.2%
Export Share of Sales (9M)
23%
Capital Expenditures (CapEx)
$631 million (first 9 months 2025)
Dividend Payment
$43 million (Q3)
Net Debt/EBITDA Ratio
Below 3x (first 9 months 2025)
Other Earnings Calls

Management

Niyazi Askin Peker
General Manager of Eregli Demir ve Çelik Fabrikalari A.S.
No Bio Available
Mr. Gurtan Damar
Executive Vice Chairman
No Bio Available
Idil Onay Ergin
Manager of Investor Relations Department
No Bio Available
Sercan Buyukbayram
Group Vice President of Marketing & Sales
No Bio Available
Mr. Ercan Kaya
Group Vice President of Corporate Architecture & Human Resources
No Bio Available
Mr. Mustafa Serdar Basoglu
Executive Director
No Bio Available
Mr. Salih Cem Oral
General Manager of skenderun Demir ve Çelik A.S.
No Bio Available
Mr. Halil Yildirim
General Manager of Erdemir Madencilik Sanayi ve Ticaret A.S.
No Bio Available
Mr. Ibrahim Ozbunar
General Manager of Erdemir Çelik Servis Merkezi Sanayi ve Ticaret A.S.
No Bio Available
Hakan Korkmaz
General Manager of Kümas Manyezit Sanayi A.S.
No Bio Available

Contacts

Address
Istanbul
Barbaros Mahallesi Ardic Sok. No:6 Atasehir
Contacts
+902165788329.0
www.erdemir.com.tr