2021 at a Glance

Sabancı Group achieved a record high growth in key financial metrics in 2021. Delivering a solid performance, Sabancı Group reached 23% consolidated ROE in 2021 while deleveraging improved further to 1.2x.

Summary Key Financials (TL Bn)

 

2017

2018

2019

2020

2021

CAGR (%)

Combined Revenue

65.6

88.1

97.6

104.0

151.6

23.3

Combined Revenue*

64.7

86.9

97.1

103.6

150.1

23.4

Combined EBITDA**

14.2

15.4

17.1

20.4

32.9

23.4

Consolidated Net Income (Share of Parent Company)

3.5

3.8

3.8

4.8

12.0

36.1

Consolidated Net Income** (Share of Parent Company)

3.6

3.6

3.8

5.2

10.1

29.4

Combined Operational Cash Flow ***

4.6

5.6

9.5

10.8

12.4

28.1

Holding Solo Net Cash

1.7

2.6

1.7

1.1

2.5

10.1

Combined Net Financial Debt/EBITDA****

 3.1x

 2.3x

 2.2x

 1.5 x

 1.2x

 

* Excludes holding dividend income
** Excludes non-operational and non-recurring one off items and IFRS16 impact in retail
*** Excludes Financial Services, Banking & Other segment
**** Non-bank; excludes Banking, net cash position of Financial Services, non-operational and non-recurring one-off items and IFRS16 impact in retail

 

2021 was exceptionally strong for Sabancı Group, underlining the benefits of having diversified business model which is a significant source of strength.

A well-balanced portfolio and accelerated strategic initiatives including sustainability were the enablers of Sabancı Group’s financial and non-financial success in 2021.

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