Annual Report 2023
SECRETS OF
HAPPINESS
n e | ||
t | ||
o | n | |
C |
t
s
About Ülker Bisküvi | |||
16 | About pladis | ||
10 | Ülker Bisküvi in 2023 | 18 | Key Financial and Operational Indicators |
19 | Sales Volume and Revenue Growth | ||
From the Management | 20 | Capital Structure | |
12 | Message from the Chairman | 21 | Ülker Bisküvi Production Facilities |
13 | Message from the CEO | 23 | Strategies |
It's worth all these years
We are a well-established, strong, local and national brand, having witnessed 80 years of the 100 years of the Republic of Türkiye. Ülker Bisküvi started its journey in a small workshop in 1944. Offering a wide range of products in the biscuit, cake and chocolate categories, today, in addition to our activities as the leading food company in Türkiye and the region, with our successfully growing overseas operations, we export more than 300 brands to over 100 countries worldwide. Striving to add happiness to the lives of our stakeholders and employees, we also focus on sustainability efforts directed towards leaving a livable world to future generations.
Corporate Governance and Risk Management | |||
60 | Corporate Governance Principles Compliance | ||
Report | |||
82 | Declaration of Compliance to Sustainability | ||
Activities in 2023 | Principles | ||
24 | 2023 at Ülker Bisküvi | 83 | Sustainability Principles Compliance Framework |
26 | Marketing | 84 | Risk Management |
28 | Production and Capacity | 87 | Other Issues Regarding Company Operations |
34 | Operational Excellence | 88 | Statement of Responsibility Regarding the Annual |
36 | Quality Assurance | Report | |
38 | Investments | 89 | Subsidiary Company Report Results |
40 | Subsidiaries and Financial Investments | 90 | Independent Audit Report |
42 | Sustainability | ||
50 | Human Resources | Financial Information | |
56 | Research, Development and Innovation | 93 | Consolidated Financial Statements and Independent |
58 | Social Responsibility | Audit Report for the Accounting Period January 1- | |
December 31, 2023 |
47
New Products
in Türkiye
Diversity
brings happiness
We focus on our consumers with a service approach that always seeks the best and the newest. We increase diversity with our iconic and new products in the biscuit, cake and chocolate categories, also contributing to the growth of the industry.
1944
Ülker was
founded in a
small workshop
Trust brings happiness
We are committed to fulfilling our promise of quality production and a unique customer experience for consumers. To show our gratitude for the trust placed in us, and to ensure the continuity of that trust, we stay updated on the latest trends, offering value-added products that meet the expectations of consumers by deploying all our resources, from production and technology to R&D and innovation.
81,552* tons of
Achievement brings happiness
Carbon
Emission
Reduction
Since 2014, we have achieved growth without increasing our carbon emissions. We consistently implement worthwhile projects, particularly in water and energy efficiency, waste reduction, food preservation, sustainable raw material supply and production quality. We introduced Aliağa Biscuit Wheat, and we now use it in our products. We continue to work
on the Biscuit Wheat Development Program to obtain new biscuit wheat varieties.
* Covers Ülker's 9 factories in Türkiye.

