Soke Degirmencilik Sanayi ve Ticaret AS
BBIST:SOKE7.26
TRY
-0.14
(-1.89%)
ISIN
TRESOKE00029
Return %
Stock
S&P 500
1Y
-35.35
14.20
3Y
-62.69
81.12
5Y
- -
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
- Full Time Employees
- 437
- Sector
- Process industries
- Industry
- Agricultural commodities/Milling
- Address
- Aydin Turkey
- IPO Date
- Jan 12, 2023
- Website
- soke.com.tr
- Similar Companies
- Business
- Söke Değirmencilik Sanayi ve Ticaret A.Ş. is a Turkey-based food processing and milling company engaged in the manufacturing, blending, packaging, and distribution of wheat flour, specialty flour mixes, and packaged bakery products. Founded in 1963 and headquartered in Söke, Aydın, Turkey, the company operates as a core subsidiary of Ulusoy Un Sanayi ve Ticaret A.Ş. and is listed on the Borsa Istanbul. Söke Değirmencilik operates advanced, automated milling and production facilities in Aydın and Ankara, distributing products to retail consumers, the commercial bakery and food service (HoReCa) sectors, and industrial food manufacturers across Turkey and international export markets. The company's product and service portfolio comprises retail packaged flours, including all-purpose wheat flour, whole wheat flour, einkorn (siyez) flour, rye flour, spelt flour, and yellow wheat flour; dietary and specialized flours, including certified gluten-free flours and multigrain blends; ready baking mixes, comprising artisan bread mixes, pizza mixes, and cake mixes; professional culinary and industrial flours, featuring high-performance bakery flours, baklava and pastry dough flours, pizza flours, and custom grain blends tailored for industrial food processors; prepared dry mixes, including branded and private-label pudding and dessert powders; packaged sweet baked goods, including ready-to-eat cookies; and private-label manufacturing and customized packaging services for supermarket chains and commercial partners. In recent corporate developments, Söke Değirmencilik completed its initial public offering on Borsa Istanbul in 2023 to fund production enhancements and portfolio diversification. Strategically expanding into international health and wellness food markets, the company acquired an equity stake in US-based Rudi's Organic and Gluten Free Brands Inc., strengthening its footprint in North American organic and gluten-free bakery segments. The company also broadened its consumer product portfolio by entering the ready-to-eat sweet baked goods category with the launch of branded cookies. In operational sustainability, Söke Değirmencilik developed and commissioned a 14.13 MWp solar photovoltaic power plant in Ilgın, Konya, supplying renewable energy to cover approximately 97 percent of the annual electricity requirements across its Aydın and Ankara milling facilities.