Yataş's 2026 Target: 41% Revenue Growth is Expected

Yataş Sets a Target for 41% Revenue Growth in 2026

Yataş (YATAS) CEO Nuri Öztaşkın announced that the company aims for a 41% growth in revenue by 2026. Evaluations indicated that following the successful performance achieved by Yataş in the last quarter, there is an expectation for losses to turn into profits by the end of the year.

Innovative Investments and Energy Efficiency

Öztaşkın stated that the company has completed its investment in the sponge factory and opened its doors. He expressed that the roofs of this facility are entirely equipped with solar panels, which will allow them to meet a large part of their energy needs from this source and additionally generate income through energy sales.

Export Goals and Market Strategy

The CEO said, “Our main goal is to increase exports in line with the sponge investment,” emphasizing that it will take 3-4 years to fully utilize the capacity. While targeting growth in nearby regions, Yataş identified the United States, Germany, and Russia as strategic markets. Öztaşkın added that they will focus more on Russia and continue their efforts to grow in the Middle East and Africa markets.

Yataş aims to increase its exports under all circumstances with its current strategy and investment plans. The company's growth targets may present noteworthy opportunities for investors.