Sabancı Holding aims to increase its net asset value to 20 billion dollars by 2029 through strategic investments in diverse sectors, notably renewable energy and technology.

Information on the Target

Sabancı Holding is an eminent Turkish conglomerate, noted for its diverse portfolio across various industries such as banking, financial services, energy, and materials technology. Recently, the Holding reported its financial results for the third quarter of 2024, showcasing a robust balance sheet with a consolidated revenue of 868.3 billion TL in the first nine months of the year. The consolidated EBITDA for the same period reached 101.5 billion TL, reflecting a commendable quarterly profit margin, indicating the Holding's capability to navigate challenging market conditions.

Looking forward, Sabancı is determined to follow a strategic growth blueprint that aims to amplify its net asset value from approximately 10 billion dollars to 20 billion dollars by the year 2029. Emphasizing an increase in its foreign currency revenue proportion and a substantial boost in CAPEX relative to its income, the Holding's management plans to invest significantly in energy, climate technologies, materials technology, mobility solutions, and digital technology over the next five years.

Industry Overview in Turkey

The Turkish economy stands at a pivotal moment, marked by ambitious growth targets, particularly in sectors such as renewable energy, technology, and financial services. Turkey possesses a youthful demographic and strategic geographical posi