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XIST
KORDS
Market cap3.84bUSD
Nov 12, Last price  
51.30TRY
Name

Kordsa Teknik Tekstil AS

Chart & performance

D1W1MN
XIST:KORDS chart
P/E
—
P/S
6.06
EPS
—
Div yield, %
—
Shrs. gr., 5y
80.20%
Rev. gr., 5y
47.15%
Revenues
31.30b
+2.13%
1,001,216,8001,203,637,6631,140,013,8261,014,874,1141,264,097,0911,627,181,6791,491,915,6451,546,095,3381,701,845,4171,734,757,8371,908,345,1312,485,165,6233,946,724,1885,137,361,3944,536,336,4397,891,054,56318,439,743,90723,503,080,72130,642,886,98331,295,861,047
Net income
-1.49b
L+36.05%
55,171,82025,125,92346,240,37741,721,08749,521,31687,694,43239,655,34830,822,80877,159,97899,250,907143,080,801165,102,073292,457,708339,755,071152,970,598768,560,8781,289,197,611183,323,316-1,096,131,983-1,491,314,822
CFO
3.71b
+102.35%
109,498,100147,026,12568,506,554146,099,78845,633,816-53,771,571280,744,74056,922,44455,093,668215,610,277271,653,943183,269,281340,842,897705,528,225902,162,580485,771,396928,366,2103,213,212,4121,833,683,2983,710,435,000
Dividend
Mar 29, 20230.29302 TRY/sh

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Profile

Kordsa Teknik Tekstil A.S. manufactures and sells vehicle tires and related products in North America, South America, Europe, the Middle East, Africa, and Asia. It is involved in the manufacturing of industrial cloths, transmission belts, v-belts, rubber hoses, and rubber and plastic products; industrial single cord with industrial fabrics in the structure of the material; heavy denier fiber and connection fabrics; and the processing and marketing of guide cloths and other rubber reinforcement materials. The company also provides rubber cord and mechanical rubber good fabrics. In addition, it offers advanced composites to the civil aviation sector and offers nylon 6, nylon 6.6, and polyethylene terephthalate high modulus low shrinkage polyester, as well as rayon heavy decitex yarns for use in tires and mechanical rubber goods. Further, the company offers composites technologies such as polymeric matrix prepregs, ceramic matrix prepregs, slittape, towpreg, films, honeycomb, biobased prepreg, natural fiber prepregs, flame retardant prepregs, and water based phenolic honeycomb and sandwich panels. The company was formerly known as Kordsa Endüstriyel Iplik ve Kord Bezi Sanayi ve Ticaret Anonim Sirketi and changed its name to Kordsa Teknik Tekstil A.S. in March 2017. The company was incorporated in 1973 and is headquartered in Izmit, Turkey. Kordsa Teknik Tekstil A.S. is a subsidiary of Haci Ömer Sabanci Holding A.S.

Related entities

Parent
Subsidiaries (2)
Kordsa Inc
MICROTEX COMPOSITES S.R.L.

Key people

Chief Executive Officer · since 2025
Chief Executive Officer · since 2022
Non-Executive Deputy Chairperson of the Board · since 2022
Sermin Mutlu
Chief Financial Officer · since 2024
Eray Karaduman
Chief Human Resources Officer and North America Regional General Manager · since 2024
Muge Yenmez
Chief Technology Officer and Composite EMEA General Manager, Deputy General Manager · since 2024
Dogan Sevim
Chief Global Sales and Marketing Officer, Deputy General Manager · since 2024
Deniz Korkmaz
Deputy General Director, Global Chief Operating Officer, Composite · since 2024
Deputy General Manager, Global Chief Operating Officer - Tire · since 2024
Burak Orhun
Chairman of the Board · since 2024
Non-Executive Board Member · since 2021
Yesim Ozlale Onen
Non-Executive Board Member · since 2023
Independent Non-Executive Board Member · since 2025
Serife Ebru Dogruol Aygil
Independent Non-Executive Board Member · since 2022
IPO date
Jan 03, 1986
Employees
Domiciled in
TR
Incorporated in
TR
Legal address
ALİKAHYA FATİH MAHALLESİ SANAYİCİ CAD. NO: 90/ İZMİT/KOCAELİ
KOCAELİ 41310
TR
Headquarters
Alikahya Fatih Mahallesi Sanayici Caddesi No: 90 İZMİT
KOCAELİ 41310
TR
Previous name
KORDSA TEKNİK TEKSTİL A.Ş.

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