Report
Erdem Hafizoglu
EUR 104.02 For Business Accounts Only

BGC Partners: KORDS-POSITIVE: Highlights from our meeting with Kordsa <KORDS TI> management…

Kordsa is a global player operating mainly in tire reinforcement (85% of 2019E revs) and composite technologies (15% of revs). The company operates in five countries (Turkey, Brazil, Indonesia, Thailand, and USA) with its 12 production facilities.
Underlying
Kordsa Global Endustriyel Iplik ve Kord Bezi Sanayi ve Ticaret A.S.

Kordsa Sabanci Dupont Endustriyel lplik ve Kord Bezi Sanayi ve Ticaret is engaged in the manufacture and trade of tyre cord fabric used as raw material for tyres, conveyor belt fabrics, chafer fabrics and other industrial fabrics used in industrial textiles industry. Co.'s predominant focus of operations is on products manufactured from nylon and polyester yarn, cord fabric and single end cord production. Co. serves the tire reinforcement and mechanical rubber markets with its wide product range. Co. serves its customers through operations in 10 facilities in nine countries spread over five continents.

Provider
BGC Partners
BGC Partners

BGC has been one of the major market players in Turkish OTC debt, FX and swaps markets since 1998.

We started offering corporate finance and investment banking services to our clients in 2013. We offer a complete range of financial services to help our clients achieve their goals. Our main areas of activity within investment banking are as follows:

  • Mergers & Acquisitions
  • Equity Capital Markets
  • Debt Finance & Advisory

Analysts
Erdem Hafizoglu

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