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Kıraç Galvaniz reaches 75.8% of 2026 revenue target in nine months

Kıraç Galvaniz reaches 75.8% of 2026 revenue target in nine months

Turkish company Kıraç Galvaniz reported revenue of TRY 6.07 billion ($121.5 million) for January–September 2026, up 184.4% year on year. The company achieved 75.8% of its full-year revenue target of TRY 8 billion ($160.1 million).

Net profit increased 144.4% to TRY 1.96 billion ($39.2 million). Operating profit rose 535.3%, from TRY 342.5 million to TRY 2.18 billion. EBITDA reached TRY 2.26 billion, while its margin climbed from approximately 24% to 37%.

Exports generated TRY 2.44 billion, or about 40% of total revenue. Kıraç Galvaniz sells its products in approximately 30 countries.

The company is building a new facility in the Başköy neighborhood of Nilüfer district in Bursa. The project is intended to expand production infrastructure and diversify its range, including for the energy and defense sectors. Construction is targeted for completion by the end of 2026. The company will announce the production start-up schedule after finalizing timelines for equipment installation, permits and testing.

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