Yet another TürkTraktör record!

Undisputed Turkish market leader for fifteen years in a row, TürkTraktör breaks yet another record with a 26% increase in export sales according to first-quarter 2022 financial results.
 
According to its first-quarter 2022 financial results, TürkTraktör produced 11,427 tractors in the three months to end-March, of which number it sold 6,753 units in its home market and exported another 4,394. According to Turkish Statistical Institute (TurkStat) figures published as of end-February, TürkTraktör machines sporting the New Holland badge held onto their Turkish market leadership while the company’s Case IH premium line of tractors was once again the market’s second-place runner-up. Drawing attention to the growth in export sales in the first quarter of the year, TürkTraktör CEO Aykut Özüner said “Of the 11,427 tractors that we produced in the first three months of 2022, we shipped more than 4,000 abroad. Compared with the company’s first-quarter foreign sales in previous years, this represents yet another recordbreaking export performance on TürkTraktör’s part.”
 
The 26% increase in export sales that TürkTraktör registered according to its first-quarter 2022 financial results break a new record in the company’s quarter-on-quarter export sales performance. Also the undisputed leader of its home market for fifteen years in a row, TürkTraktör booked a Q1 2022 net profit of 477 million TL along with operating and EBITDA margins of 13.2% and 14.3% respectively, while its total turnover also rose to 3,988 million TL.