Company Kordsa Teknik Tekstil

Equities

KORDS

TRAKORDS91B2

Tires & Rubber Products

Market Closed - Borsa Istanbul 10:59:59 2024-03-29 am EDT 5-day change 1st Jan Change
88 TRY +2.27% Intraday chart for Kordsa Teknik Tekstil -4.14% +13.55%

Business Summary

Kordsa Teknik Tekstil AS, formerly Kordsa Global Endustriyel Iplik ve Kord Bezi Sanayi ve Ticaret AS, is a Turkey-based company engaged in the production of industrial nylon and polyester yarn, tire cord fabric and single end cord. It offers carcass and industrial fabrics that are used in the structure of vehicle tires; rubber and plastic materials; denier fiber, and connection fabrics. The Company also produces and markets fabrics for mechanical rubber goods and other rubber reinforcement materials; converts various types of yarns into cord fabrics, and provides nylon six, nylon 6.6 for use in tires and mechanical rubber goods, and polyethylene-terephthalate high modulus low shrinkage polyester, as well as rayon heavy decitex yarns. The Company's operations are divided into the following geographic segments: Europe, Middle East and Africa; North America; South America, and Asia. The Company is a subsidiary of Haci Omer Sabanci Holding AS.

Number of employees: 4,614

Sales per Business

TRY in Million2022Weight2023Weight Delta
Industrial Yarn and Cord Cloth
77.1 %
15,396 83.5 % 18,122 77.1 % +17.70%
Advanced Composite
20.0 %
2,087 11.3 % 4,703 20.0 % +125.35%
Other
2.9 %
957 5.2 % 679 2.9 % -29.06%

Sales per region

TRY in Million2022Weight2023Weight Delta
Europe, Middle East and Africa
36.9 %
6,330 34.3 % 8,678 36.9 % +37.10%
North America
30.9 %
5,309 28.8 % 7,269 30.9 % +36.92%
Asia
22.6 %
4,818 26.1 % 5,318 22.6 % +10.36%
South America
9.5 %
1,983 10.8 % 2,238 9.5 % +12.89%

Managers

Managers TitleAgeSince
Chief Executive Officer 54 97-12-31
Director of Finance/CFO - 02-12-31
Chairman - 04-12-31
Chief Tech/Sci/R&D Officer - 07-12-31
Director/Board Member 62 85-12-31
Public Communications Contact - -
Investor Relations Contact - 15-10-13
Sales & Marketing - 08-12-31
Corporate Officer/Principal 54 17-03-31
Corporate Officer/Principal - 21-10-03

Members of the board

Members of the board TitleAgeSince
Director/Board Member - 21-05-11
Chairman - 04-12-31
Director/Board Member 62 85-12-31
Director/Board Member - 21-05-11
Director/Board Member - 21-03-23
Director/Board Member - 22-03-23

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 194,529,076 194,529,076 ( 100.00 %) 0 100.00 %

Shareholders

NameEquities%Valuation
138,327,614 71.11 % 426 M ₺
ESALIENS TFI SA
0.7197 %
1,400,000 0.7197 % 4 M ₺
BN Securities AB
0.6935 %
1,349,154 0.6935 % 4 M ₺
OP Asset Management Ltd.
0.3455 %
672,039 0.3455 % 2 M ₺
Quantex AG
0.1141 %
222,000 0.1141 % 683 001 ₺
SEB Varahaldus AS
0.1112 %
216,367 0.1112 % 665 670 ₺
Swedbank Robur Fonder AB
0.1036 %
201,615 0.1036 % 620 285 ₺
State Street Global Advisors Ltd.
0.0958 %
186,263 0.0958 % 573 053 ₺
Metzler Asset Management GmbH
0.0877 %
170,600 0.0877 % 524 865 ₺
Union Bancaire Privée, UBP SA (UK)
0.0680 %
132,298 0.0680 % 407 025 ₺

Holdings

NameEquities%Valuation
277,193,068 61.59% 104,069,365 $

Company contact information

Kordsa Teknik Tekstil AS

Alikahya Fatih Mahallesi Sanayi Card No. 90

41310, Izmir

+90 262 316 70 00

http://www.kordsaglobal.com
address Kordsa Teknik Tekstil(KORDS)

Group companies

NameCategory and Sector
Textiles
Textiles
Textiles
Textiles

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
6
Last Close Price
86.05 TRY
Average target price
112.2 TRY
Spread / Average Target
+30.38%
Consensus

Quarterly revenue - Rate of surprise