Company Karsan Otomotiv Sanayii ve Ticaret

Equities

KARSN

TRAKARSN91H7

Auto & Truck Manufacturers

Market Closed - Borsa Istanbul 16:09:52 30/04/2024 BST 5-day change 1st Jan Change
15.16 TRY +4.41% Intraday chart for Karsan Otomotiv Sanayii ve Ticaret +13.73% +77.73%

Business Summary

Karsan Otomotiv Sanayii ve Ticaret AS (Karsan) is a Turkey-based company that is principally engaged in the production of light commercial vehicles. The Company serves such brands, as Renault - Trucks, Peugeot and Citroen. Its product portfolio comprises Karsan minibuses and buses, BredaMenarinibus buses, and Hyundai Truck pickups and light trucks. It has two production facilities, namely the Akcalar factory, which manufactures buses, as well as is engaged in welding and painting activities, among others, and the OSB (Industrial Zone) factory, which manufactures and paints tractor cabins, as well as manufactures spare parts. It has two subsidiaries, namely the wholly owned KARSAN USA LLC and the 83%-owned KIRPART OTOMOTIV PARCALARI SAN. VE TIC. A.S., as well as owns 25% shares of KARSAN OTOMOTIV SANAYI MAMULLERI PAZARLAMA A.S. The Company is a part of the Kiraca Group of Companies.

Number of employees: 2,494

Sales per Business

TRY in Million2021Weight2022Weight Delta
Karsan
58.5 %
608 29.4 % 1,724 58.5 % +183.64%
Other Branded Sales
30.6 %
982 47.4 % 902 30.6 % -8.08%
Industrial and Spare Part
6.8 %
442 21.4 % 201 6.8 % -54.57%
Other
4.2 %
38 1.8 % 123 4.2 % +222.36%

Sales per region

TRY in Million2021Weight2022Weight Delta
Turkey
48.4 %
1,066 50.8 % 1,450 48.4 % +36.02%
Romania
15.2 %
51 2.4 % 454 15.2 % +789.59%
Luxembourg
12.0 %
-- 359 12.0 % -
France
9.2 %
297 14.2 % 274 9.2 % -7.67%
Bulgaria
3.6 %
10 0.5 % 107 3.6 % +973.23%
Italy
3.5 %
66 3.2 % 105 3.5 % +59.28%
Spain
2.5 %
-- 74 2.5 % -
Canada
2.2 %
-- 66 2.2 % -
Portugal
1.7 %
42 2.0 % 52 1.7 % +24.81%
Greece
0.6 %
6 0.3 % 17 0.6 % +161.54%
Other
0.5 %
1 0.1 % 13 0.5 % +1,157.04%
Poland
0.4 %
1 0.0 % 12 0.4 % +1,345.95%
Germany
0.3 %
38 1.8 % 9 0.3 % -75.77%

Managers

Managers TitleAgeSince
Chief Executive Officer - 30/06/16
Investor Relations Contact - -

Members of the board

Members of the board TitleAgeSince
Chairman 87 -
Director/Board Member 84 -
Director/Board Member 67 12/04/17
Director/Board Member - 18/06/20
Director/Board Member 77 -
Director/Board Member - -
Director/Board Member - 18/06/20
Chief Executive Officer - 30/06/16
Director/Board Member - 26/04/21

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 900,000,000 64,576,200 ( 7.175 %) 0 7.175 %

Shareholders

NameEquities%Valuation
Kiraça Holding AS
58.51 %
526,618,813 58.51 % 164 M ₺
Mori Capital Management Ltd.
0.3556 %
3,200,000 0.3556 % 996 032 ₺
State Street Global Advisors Ltd.
0.0221 %
198,503 0.0221 % 61 786 ₺
AK Asset Management AS
0.0111 %
100,000 0.0111 % 31 126 ₺
QNB Finans Portföy Yönetimi AS
0.001850 %
16,646 0.001850 % 5 181 ₺
DFA Australia Ltd.
0.001042 %
9,374 0.001042 % 2 918 ₺

Company contact information

Karsan Otomotiv Sanayii ve Ticaret AS

Hasanaga Organize Sanayi Bölgesi Sanayi Caddesi

16225, Bursa

+90 224 484 21 70

http://www.karsan.com.tr
address Karsan Otomotiv Sanayii ve Ticaret(KARSN)
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