Turkey Morning Call - November 8, 2017
> Market comment> Soda Sanayi 3Q17: Operating performance better than expected
> Trakya Cam 3Q: Strong bottom line on low opex, non-operating factors
> Anadolu Cam 3Q17: Solid net income mostly on non-operating factors
> Ulker 3Q17: Better than expected operating margins
Anadolu Cam Sanayii AS (Anadolu Cam) is the glass packaging Company of Sisecam Group, based in Turkey. It manufactures and markets glass packages in various volume and colors for different industries. These are food, water, mineral water, milk, beer, wine and beverages including high alcohol ones as well as pharmaceuticals and cosmetics sectors. The product portfolio includes green, amber and forehearth-colored containers ranging from six to 8,000 cubic centimeters. Production is carried out in four countries, with a total of 10 production facilities, three of which are located in Istanbul, Mersin and Yenisehir, Turkey, whereas the foreign production facilities are located in Russia, Ukraine and Georgia.
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