Interim report
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ŞİŞECAM EARNINGS RELEASE 14.08.2026 Şişecam ( BIST - 100 : SISE ) reported financial results for the second quarter ended June 30 , 2026 Can Yücel , CEO of Şişecam , commented : In the first half of 2026 , volatility in the global economy persisted . Geopolitical developments and fluctuations in energy and logistics costs continued to impact production and supply costs . Developments in trade routes and ongoing pressures in global markets also influenced the business world . At Şişecam , we have leveraged our global footprint , wide customer portfolio , strong supply chain , and agile management approach to diligently maintain our operational and financial performance , while also focusing on evaluating alternative opportunities . In the first six months of the year , our priorities were cost management , efficiency , and operational agility . While shaping our production and sales plans according to market dynamics , we managed logistics risks through alternative solutions developed in our supply chain . In line with our goal of a strong balance sheet and healthy cash flow , we prioritized cash generation and liquidity management . We maintained a disciplined approach to working capital management and continued our simplification efforts . During this period , we also continued our value - creating investments : We took another step towards our goal of transforming the Tarsus facility into one of the world's leading glass production centers . In addition to the flat glass furnace and energy glass lines previously commissioned , we have successfully completed our new coated glass line . With this investment , which has an annual capacity of 7 million m² , Şişecam's total coated glass capacity has increased by 17 % to 48.1 million m² per year . Later this year , we will complete our first coated glass line investment in India , with an annual capacity of 4.5 million m² . We implemented these investments in line with our disciplined capital expenditure policy . Through these steps , we will strengthen our presence across a wide region , from neighboring countries to the US . We have completed a significant phase in our Hungary investment , our first glass packaging production facility in Europe . We ignited our first furnace , with an annual gross capacity of 198,000 tons , to begin trial production . We are continuing our efforts to ensure this facility provides added value to our commercial product portfolio as an effective and efficient production base . In addition to our ongoing natural soda ash production activities in the USA , we have reached the final stage in the permitting processes for our Pacific Soda investment in the same region , which holds potential with solution mining . In the context of changing market conditions , we are meticulously advancing our efforts to continue the investment under the most favorable terms . In line with our sustainability vision and decarbonization goals , we are continuing our renewable energy investments . We added a new 20 MW solar power plant in Manisa , established in collaboration with İş Enerji , to our existing solar power investments totaling 25 MW of installed capacity . Our total installed solar power capacity has now nearly doubled to 45 MW . With the new 61 MW solar power plant investment we plan to 1