Ülker Announces Financial Results for the Nine Months of 2025
07.11.2025
Ülker Bisküvi closed the nine months of 2025 with revenues of 80.9 billion TL. Ülker Bisküvi* announced in a statement to the Public Disclosure Platform (KAP) that it closed the nine months of 2025 with revenues of 80.9 billion TL. The company also reported an EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) margin of 17,8% for the same period.
Ülker CEO Özgür Kölükfakı emphasized their commitment to consistent, competitive, profitable, sustainable, and people-oriented growth. Kölükfakı continued:
“Closely monitoring developments, trends, and risks and taking swift action is one of our key strengths. We are the market leader in our sector in Türkiye. We maintain this leadership through our strong financial foundation and our innovative, consumer-focused approach. We have sustained our leadership in the biscuit market in Saudi Arabia and Egypt. With Ülker as our main brand and all our sub-brands, we embrace our principle of ‘Happiness in Every Bite’ and act with the philosophy of ‘Make happy, be happy.’
Innovation is an other key drivers of Ülker’s success. We continued to develop new products at this period. A few of them include the limited-edition Saklıköy Field-Enriched Grain Biscuit, Hanımeller Milk Chocolate Cookie, Ülker Chocolate Dolu Dolu, Dido Nut Milk Chocolate with Hazelnuts, and Dankek Banana Roll Cake. We also introduced our new flavor Ülker Chocolate İstanbul filled with hazelnuts, crispy baklava and baklava chocolat . Investments in areas ranging from R&D to digitalization enable us to develop new products and services that meet consumer expectations.”
Five-Year Syndicated Loan Agreement
Kölükfakı also shared that Ülker signed a new five-year syndicated loan agreement with principal repayment at maturity, to refinance the 250 million USD syndicated loan obtained in 2023 with a three-year term:
“This transaction represents the first 5-year bullet syndicated loan refinancing executed by a private sector company in Turkiye in the last five year. We see this as a reflection of Ülker’s stable growth strategy and its strong relationships with international financial institutions. We believe this long-term agreement is a significant sign of confidence in both our company and our country. With our zero waste corporate culture adopted since our foundation, we continue our efforts to contribute to the transformation of the global food system. Through our sustainability initiatives, which we consolidated under long-term goals in 2014, we continuously improve our governance structure and focus on increasing our resilience to risks. In addition to our 2024 Sustainability Report, we also published our first compliance report prepared in accordance with the Türkiye Sustainability Reporting Standards (TSRS). The report outlines our climate-related risks and opportunities in line with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), sharing our approach and progress in governance, strategy, risk management, and metrics-targets.”
*A subsidiary of pladis Foods Limited.