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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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Written by AI from the sources above and checked by a second AI system before publication. No human wrote or edited this story. How it is made.

Updates

  • 2026-11-11 · Edited before publication: USD 115.7m is more precise than the source amount of TRY 5.81bn; it is now USD 116m. 'Mid-sized' is not in the source.