Akin Tekstil A.S.
BBIST:ATEKS78.40
TRY
-3.55
(-4.33%)
ISIN
TRAATEKS91B5
Return %
Stock
S&P 500
1Y
6.09
14.20
3Y
-6.44
81.12
5Y
155.54
68.34
Capital Structure
TRY
•
in mil. unless spec.Working Capital
TRY
•
in mil. unless spec.Growth Rates
TRY
•
in mil. unless spec.Quarterly Revenue
TRY
•
in mil. unless spec.Quarterly Earnings Per Share
TRY
•
in mil. unless spec.Quarterly Dividends Per Share
TRY
•
in mil. unless spec.Company Description
- CEO
- Dursun Ali Yilmaz
- Sector
- Process industries
- Industry
- Textiles
- Address
- Istanbul Turkey
- IPO Date
- May 2, 1996
- Website
- akintekstil.com.tr
- Similar Companies
- Business
- Akın Tekstil A.Ş. is a Turkey-based integrated textile manufacturing company that produces, finishes, and distributes woven fabrics, technical textiles, and apparel products. Founded in 1956 and headquartered in Bakırköy, Istanbul, Turkey, the company operates within the Akın Holding group and is publicly listed on Borsa Istanbul under the ticker symbol ATEKS. The company manufactures a comprehensive range of textile solutions structured across distinct product and service categories: woven apparel fabrics, encompassing 100% cotton, cotton-elastane, cotton-polyester, polyester-viscose, cotton-polyamide, modal, Tencel, linen, hemp, and recycled fiber blends; high-grade shirting fabrics, featuring fine-count yarn-dyed and piece-dyed cotton constructions; technical and protective textiles, including inherently flame-retardant yarns, heat-resistant fabrics, aircraft and marine interior textiles, anti-static fabrics, and military-grade performance materials; specialized textile finishing and chemical treatments, offering water-repellent, oil-repellent, stain-resistant, antimicrobial, UV-blocking, and moisture-management finishes; and garment confection operations, covering design, cutting, and finished apparel production for menswear and womenswear trousers, shirts, jackets, skirts, and dresses. Akın Tekstil conducts its primary industrial operations at an integrated manufacturing complex in Lüleburgaz, Kırklareli, integrating spinning, weaving, dyeing, printing, and finishing units certified under OEKO-TEX Standard 100, Global Organic Textile Standard (GOTS), Global Recycled Standard (GRS), and ISO quality standards. The company markets its products domestically and exports extensively to international apparel retailers and corporate clients across Western Europe and North America. In recent developments, Akın Tekstil has undertaken strategic restructuring to optimize operations and strengthen financial liquidity. In late 2024, the company formally ceased labor-intensive confection production at its Lüleburgaz facility to consolidate resources around high-margin fabric manufacturing and technical textile lines. Following a period under court-supervised concordat debt restructuring initiated in 2025, the legal concordat status was formally terminated and resolved in mid-2026, allowing the company to normalize debt management and establish new secured credit facilities. Concurrently, the company has advanced sustainable manufacturing initiatives through capital investments in industrial solar photovoltaic energy installations and modern high-efficiency weaving machinery.