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Kardemir Çelik sets 2034 target: $1.3 billion in sales revenue

Izmir-based steel producer Kardemir Çelik Sanayi A.Ş. has announced its financial targets regarding its long-term growth plans. The company expects a significant increase in sales revenue and operating profitability in the coming years.

Kardemir Çelik sets 2034 target: $1.3 billion in sales revenue

According to the company’s projections, sales revenue, which is expected to reach $555.64 million in 2026, is targeted to increase to approximately $1.3 billion by 2034. Thus, the company plans to more than double its sales revenue over the eight-year period.

EBITDA Target Set at $189.69 Million

Kardemir Çelik’s expectations regarding operating profitability also stand out. EBITDA, which is projected to reach $57.17 million in 2026, is expected to rise to $189.69 million in 2034.

This target demonstrates that the company plans to significantly increase both its revenues and operating profitability in the long term.

Growth Strategy Extends Over the Long Term

Kardemir Çelik’s announced projections indicate that the company is focused on growth in areas such as capacity expansion, sales volume and operational efficiency. Increasing sales revenue to $1.3 billion by 2034 is among the key targets of the company’s long-term growth plan.

The company’s financial performance in the first half of 2026 also shows that the growth trend has continued. Revenue reached TRY 13.9 billion in the first six months, increasing by 26.28% compared to the same period of the previous year. During the same period, EBITDA rose by 10.37% to TRY 1.4 billion.

The long-term targets show that Kardemir Çelik aims not only to expand its production capacity and scale, but also to increase operational efficiency and strengthen its position in international markets.

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