Bursa Cimento operates within the Cement, hydraulic sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Bursa Cimento with three other
companies in this sector in Turkey:
sales of 1.17 billion Turkish Liras [US$197.66 million]
of which 99%
was Construction Equipments),
Cimentas Izmir Cimento Fabrikasi A.S.
(970.25 million Turkish Liras [US$163.99 million]
of which 58%
was Cement), and
Baticim Bati Anadolu Cimento Sanayii A.S
(980.81 million Turkish Liras [US$165.78 million]
of which 50%
was Stones and Soil Goods).
During the year ended December of 2018, sales at
Bursa Cimento were 1.19 billion Turkish Liras (US$201.06 million).
increase of 29.0%
versus 2017, when the company's sales were 922.01 million Turkish Liras.
This was the third consecutive year of growth at Bursa Cimento.
Sales of Steel saw an increase
that was more than double the company's growth rate: sales were up
67.5% in 2018, from
456.47 million Turkish Liras to 764.73 million Turkish Liras.
Not all segments of Bursa Cimento experienced an increase in sales in 2018:
sales of Ash fell 23.1% to 7.93 million Turkish Liras.
(However, this segment's sales were only a very small portion of the company's overall sales).
Bursa Cimento also experienced decreases in sales in
Ready-Mix Concrete (down 12.3% to 269.28 million Turkish Liras)
Cement (down 8.1% to 245.76 million Turkish Liras)