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BAK Ambalaj

Broader sector Borsa Istanbul: BAKAB
Headquarters
Izmir, TR
Segment
Speciality Plastics
Stories held
1
Last story
10 Nov 2026

BAK Ambalaj is a Turkish flexible packaging producer founded in 1973 and based in Izmir, making printed, unprinted and laminated packaging for food, hygiene and chemical goods. It is listed on Borsa Istanbul and majority owned by Bakioglu Holding.

1 stories · 2026

BAK Ambalaj swings to nine-month net profit in 2026

Turkish flexible packaging manufacturer BAK Ambalaj reported net profit attributable to shareholders of TRY 151.1m (USD 3.0m) for the first nine months of 2026, against a TRY 194.6m (USD 3.9m) loss a year earlier. Inflation-adjusted revenue rose 5.7% to TRY 5.81bn (USD 116m), and EBITDA rose 58.2% to TRY 546.6m (USD 10.9m).

Why this mattersBAK Ambalaj's return to profit, with EBITDA up 58% on 5.7% inflation-adjusted revenue growth, shows margin recovery at a Turkish flexible packaging converter.

  • Nine-month net profit of TRY 151.1m (USD 3.0m), versus a TRY 194.6m (USD 3.9m) loss a year earlier.
  • Inflation-adjusted revenue rose 5.7% to TRY 5.81bn (USD 116m).
  • EBITDA rose 58.2% to TRY 546.6m (USD 10.9m), with EBITDA margin at 9.4%.
  • Operating profit rose 425.1% to TRY 249.9m (USD 5.0m).
  • Third-quarter net profit was TRY 104.4m (USD 2.1m), against a TRY 31.6m (USD 0.6m) loss a year earlier.
  • Net debt stood at TRY 451.4m (USD 9.0m) at period end, with cash of TRY 441.2m (USD 8.8m).
BAK Ambalaj
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