Akin Tekstil AS operates within the Knitting mills sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Akin Tekstil AS with three other
fabric manufacturers in Europe:
Selected Textile Industries Assoc SA
sales of 40.24 million Euro [US$54.38 million]
of which 84%
Dogi International Fabrics SA
(40.46 million Euro [US$54.68 million]
of which 65%
was Underwear), and
based in France
(42.98 million Euro [US$58.08 million]
of which 52%
During the year ended December of 2013, sales at
Akin Tekstil AS were 122.31 million Turkish Liras (US$57.74 million).
a very small
increase of 2.0%
versus 2012, when the company's sales were 119.92 million Turkish Liras.
Despite this increase, sales are still
below the level achieved in 2011, when Akin Tekstil AS
reported sales of 166.91 million Turkish Liras.
The sales level in 2013 was fairly close to the level five years ago: in 2008, Akin Tekstil AS had sales
of 135.02 million Turkish Liras.
Sales of Textile saw an increase
that was more than double the company's growth rate: sales were up
36.4% in 2013, from
55,990.00 Turkish Liras to 76,353.00 Turkish Liras.
Not all segments of Akin Tekstil AS experienced an increase in sales in 2013:
sales of Confection fell 19.8% to 47,756.00 Turkish Liras.
(However, this segment's sales were only a very small portion of the company's overall sales).