Akçansa Çimento Sanayi ve Ticaret A.Ş., commonly known as Akçansa, is a leading Turkish producer of cement and building materials. Listed on Borsa Istanbul, the company operates an integrated network including three cement plants, 26 ready-mixed concrete plants, five aggregate quarries, and five cement terminals across seaports in the Marmara, Aegean, and Black Sea regions. The Marmara region, which generates about 70% of Turkey’s economic output, forms the core of its operations.
Akçansa serves both domestic markets and exports to the Mediterranean Basin, Black Sea region, and US East Coast. In a recent development, Heidelberg Materials agreed to acquire Sabanci Holding’s 39.72% stake, increasing its ownership to 79.44% and securing majority control, subject to regulatory approvals. This move aims to enhance operational synergies and export capabilities from Turkey’s cost-competitive production base.
Also known as Akçansa Çimento Sanayi ve Ticaret A.Ş..
Revenue rose 6% to €6,044m and RCO to €1,086m. Strategic acquisitions in North America and Turkey; new 1.25 Mt kiln in France and Padeswood CCS on schedule.
Q1 revenue and RCO down; cost measures & Transformation Accelerator saved €405m; acquisitions in Australia and Turkey; new efficient kiln; dividend +9% and buyback continue; outlook confirmed.
Strengthens presence in Turkey and the Med; integrated cement, concrete, quarries and ports to unlock operational/logistical synergies and expand exports to the Black Sea and US East Coast.
