Şişecam maintains steady performance amid global uncertainty

05/13/2025 | Print view

Şişecam announced financial results for the first three months of 2025. In the three-month period, Şişecam’s consolidated net sales totalled EUR 1.5 billion. International sales – comprising the total of exports made from Türkey and sales from production facilities outside Türkey accounted for 63 percent of consolidated sales.

In the first quarter of 2025, Şişecam reported EUR 257 million in investments and USD 230 million in exports. Production volumes included 1.3 million tonnes of glass, 1.1 million tonnes of soda ash and 0.8 million tonnes of industrial raw materials.

CEO Can Yucel noted that growing global risks – particularly rising trade tensions between the US and China and potential new tariffs – pose challenges to international supply chains. With 12% of sales and 8% of exports linked to the US, Şişecam is watching these developments closely. Nevertheless, Yucel said the company remains focused and strategic, confident in its ability to respond when the situation stabilises.

Şişecam reported stable capacity utilisation and progress in efficiency, digitalisation and sustainability projects. Yucel also pointed to the advantages of the group’s global production footprint, which helps mitigate risk and unlock opportunities in shifting trade conditions.