He announced the financial results of the first 2020 months of 6. TürkTraktör, the leading producer of the sector, performed successfully in the first half of the year, with increases in production, domestic sales and turnover during a challenging period when the corona virus was seriously affected.
TürkTraktör continued its production at its factories in Ankara and Erenler, in all its work areas, with measures taken against the corona virus and registered with the TSE Safe Facility Certificate, and unloaded 6 thousand 12 tractors from the production lines in the first 357 months of the year. The company increased its production by 23% compared to the same period last year.
TürkTraktör, according to preliminary figures 5 months, 71% of Turkey's total tractor production also achieved alone.
Increasing domestic sales strengthened its position in the market.
While the tractor giant increased its sales by 7% compared to the same period of last year, with a total of 326 thousand 68 tractors sold domestically; it also strengthened its position in the tractor market, where it has been the leader for 13 years.
More than 130 countries exporting TürkTraktör made the first 6 months, 5 thousand 786 tractor units with exports alone 86% of Turkey's total exports tractors.
TürkTraktör closed the first six months of the year with a total turnover of 2 billion 179 million TL. The company's gross profit was 380 million TL, its gross profit margin was 17,4%, while its operating profit was 211 million TL and EBITDA amounted to 278 million TL. Operating profit margin and EBITDA margin of the company were 9,7% and 12,8%, respectively. The net profit of TürkTraktör was recorded as 161 million TL.
TürkTraktör General Manager Aykut Özüner: “Although we have been through a difficult period, we continue our contribution to production and economy”
Evaluating the financial results of the first half of 2020, TürkTraktör General Manager Aykut Özüner said, “For the last 2 years, we have carried our leadership to the 13th year despite the challenging market conditions. The epidemic process that started to be experienced brought different difficulties. However, with our experience of more than 65 years and our strong financial structure, while returning to our production activities, which we paused with our road map that we have drawn in line with new conditions, quickly; We also managed to exceed our production level before the epidemic and strengthened our position in the market. ” said.
Our crisis plan against the epidemic was ready in February
Speaking about the measures taken against the corona virus in his statements, Aykut Özüner also pointed out that these measures played a significant role in the successful results of the first half of the year: “In February, we created our pandemic board and prepared our crisis plan. Against the spread risk of Covid-19, we have implemented many applications that cover our entire ecosystem from our customers to our dealers.
With the epidemic, while working from home, the production was interrupted at our factories. Before starting production again, we rearranged all processes in the employee life cycle in accordance with the physical distance rule and on the basis of traceability. As a result of these efforts, our 'Ankara and Erenler Factories' were entitled to receive the 'TSE Covid19 Safe Production Certificate', a first in our industry. ”
We tried to be with everyone, from farmers to healthcare workers during the epidemic period.
Özüner added that they quickly implemented projects for farmers, who played a critical role in food supply during the epidemic period, and summarized these efforts as follows: “In order to ensure the sustainability of production in agriculture, we provided Mobile Road Support where our farmers can benefit from service services at the location of their farmers. While we are offering Tarlam Cepte mobile application, which is the first in the sector to increase agricultural productivity, we continued to support our farmers with online trainings that we offered for free. In addition, our group company Tat A.Ş., so that seasonal workers can do the work in the fields under hygienic conditions. We cooperated with. ”
Stating that Aykut Özüner acted in order to support different segments of the society during the difficult epidemic days; “We also worked on medical equipment deficit in the health sector. In this context, we quickly started to manufacture the “intubation and biological sampling” cabinets that our healthcare workers who struggle with in the front lines in the front line in the epidemic need, in our Sakarya Erenler and Ankara factories and delivered them to our pandemic hospitals. ”
Our successes are a result of the trust that all our stakeholders have in us.
Aykut Özüner stated that at the end of their explanations, they will continue their efforts in the second half of the year, from production to sales and exports to achieve the targets set for this year; “Behind our achievements lies in the trust of the TürkTraktör brand in the eyes of all our stakeholders. We will continue to continue our contribution to the economy through the employment we create, the production we produce and the exports we make with the motivation provided by this trust. ”
Hibya News Agency
Be the first to comment