{"id":429,"date":"2025-12-23T21:43:13","date_gmt":"2025-12-23T18:43:13","guid":{"rendered":"https:\/\/tabildot.com.tr\/marketrisk\/?p=429"},"modified":"2025-12-23T21:43:13","modified_gmt":"2025-12-23T18:43:13","slug":"%f0%9f%94%b4%f0%9f%87%b9%f0%9f%87%b7-ozrdn-ozerden-ambalaj-sanayi-2025-9-bilanco-analizi-sonuclar-%f0%9f%a7%bf","status":"publish","type":"post","link":"https:\/\/tabildot.com.tr\/marketrisk\/429","title":{"rendered":"\ud83d\udd34\ud83c\uddf9\ud83c\uddf7 #OZRDN | \u00d6zerden Ambalaj Sanayi 2025\/9 Bilan\u00e7o Analizi | Sonu\u00e7lar \ud83e\uddff"},"content":{"rendered":"<p><iframe loading=\"lazy\" title=\"\ud83d\udd34\ud83c\uddf9\ud83c\uddf7 #OZRDN | \u00d6zerden Ambalaj Sanayi 2025\/9 Bilan\u00e7o Analizi | Finansal ve Operasyonel Sonu\u00e7lar \ud83e\uddff\" width=\"858\" height=\"483\" src=\"https:\/\/www.youtube.com\/embed\/YGBAk_Ag4Sk?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h1>Bir Faaliyet Raporunun Ard\u0131ndaki 5 \u015ea\u015f\u0131rt\u0131c\u0131 Ger\u00e7ek: \u00d6zerden Ambalaj&#8217;\u0131n Bilinmeyen Y\u00f6nleri<\/h1>\n<h3>Giri\u015f: Rakamlar\u0131n \u00d6tesindeki Hikaye<\/h3>\n<p>Kurumsal faaliyet raporlar\u0131 genellikle rakamlar, tablolar ve yasal zorunluluklarla dolu, yo\u011fun ve ilgi \u00e7ekici olmayan belgeler olarak g\u00f6r\u00fcl\u00fcr. Ancak bazen bu belgelerin sat\u0131r aralar\u0131nda bir \u015firketin inovasyon, stratejik derinlik ve dayan\u0131kl\u0131l\u0131kla dolu b\u00fcy\u00fcleyici hikayesi gizlidir. \u00d6zerden Ambalaj Sanayi A.\u015e.&#8217;nin 2025 y\u0131l\u0131 ara d\u00f6nem faaliyet raporu, rakamlar\u0131n arkas\u0131na saklanm\u0131\u015f bir sanayi devinin stratejik DNA&#8217;s\u0131n\u0131 ve 65 y\u0131ll\u0131k evrimini g\u00f6zler \u00f6n\u00fcne seriyor. Bu rapor, tam da bu t\u00fcrden \u015fa\u015f\u0131rt\u0131c\u0131 ve ilham verici detaylar bar\u0131nd\u0131ran m\u00fckemmel bir \u00f6rnek te\u015fkil ediyor.<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h3>1. Her G\u00fcn G\u00f6rd\u00fc\u011f\u00fcn\u00fcz O \u00dcr\u00fcn\u00fcn Arkas\u0131ndaki 65 Y\u0131ll\u0131k Dev: &#8220;Balonlu Naylon&#8221;un \u00d6nc\u00fcs\u00fc<\/h3>\n<p>\u00d6zerden Ambalaj, 65 y\u0131l\u0131 a\u015fk\u0131n k\u00f6kl\u00fc ge\u00e7mi\u015fiyle T\u00fcrkiye&#8217;de koruyucu ambalaj sekt\u00f6r\u00fcn\u00fcn \u00f6nc\u00fclerinden biri konumunda. Belki de en \u015fa\u015f\u0131rt\u0131c\u0131 olan, hepimizin bildi\u011fi ve s\u0131kl\u0131kla kulland\u0131\u011f\u0131 &#8220;Balonlu Naylon&#8221;un arkas\u0131nda b\u00f6ylesine derin bir end\u00fcstriyel miras\u0131n yatmas\u0131d\u0131r. \u015eirketin yenilik\u00e7i end\u00fcstriyel ser\u00fcveni 1958 y\u0131l\u0131nda \u0130stanbul Topkap\u0131\u2019da ba\u015flam\u0131\u015f, 1969 y\u0131l\u0131nda Ayaza\u011fa\u2019daki tesisine ta\u015f\u0131narak modernle\u015fmi\u015f ve bu yolculuk, 2021\u2019de Kocaeli Dilovas\u0131\u2019nda faaliyete ge\u00e7en son teknoloji \u00fcretim tesisiyle zirveye ula\u015fm\u0131\u015ft\u0131r. Bu tarihsel geli\u015fim, sadece uzun bir ge\u00e7mi\u015fi de\u011fil, ayn\u0131 zamanda s\u00fcrekli modernizasyona olan ba\u011fl\u0131l\u0131\u011f\u0131 da ortaya koyuyor.<\/p>\n<p>Ambalaj sekt\u00f6r\u00fcnde en \u00e7ok bilinen \u00fcr\u00fcn\u00fc Balonlu Nalyon olan firmam\u0131z, kuruldu\u011fu y\u0131ldan bu yana AR-GE \u00e7al\u0131\u015fmalar\u0131na \u00f6nem vermi\u015f olup Koruyucu Ambalaj segmentinde \u00fclkemizde bir\u00e7ok ilke imza atman\u0131n hakl\u0131 gururunu ya\u015famaktad\u0131r.<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h3>2. Sadece Yerel De\u011fil, Global Bir Oyuncu: \u0130hracat, Yurt \u0130\u00e7i Sat\u0131\u015flar\u0131 Geride B\u0131rakt\u0131<\/h3>\n<p>\u00d6zerden Ambalaj&#8217;\u0131n sadece yerel bir g\u00fc\u00e7 olmad\u0131\u011f\u0131n\u0131, ayn\u0131 zamanda k\u00fcresel pazarda da iddial\u0131 bir oyuncu oldu\u011funu g\u00f6steren en \u00e7arp\u0131c\u0131 verilerden biri, ihracat rakamlar\u0131n\u0131n yurt i\u00e7i sat\u0131\u015flar\u0131n\u0131 geride b\u0131rakm\u0131\u015f olmas\u0131d\u0131r. 2025&#8217;in ilk dokuz ay\u0131na ait net sat\u0131\u015f rakamlar\u0131, bu stratejik ba\u015far\u0131y\u0131 net bir \u015fekilde ortaya koyuyor:<\/p>\n<ul>\n<li>Yurtd\u0131\u015f\u0131 Sat\u0131\u015flar: 212.158.153 TL<\/li>\n<li>Yurti\u00e7i Sat\u0131\u015flar: 194.678.673 TL<\/li>\n<\/ul>\n<p>Bu global vizyonun somut bir kan\u0131t\u0131 ise \u015firketin Almanya&#8217;da bulunan ve %100&#8217;\u00fcne sahip oldu\u011fu &#8220;Bizofol GmbH&#8221; adl\u0131 ba\u011fl\u0131 ortakl\u0131\u011f\u0131d\u0131r. \u0130hracat\u0131n, ana pazar olan yurt i\u00e7i sat\u0131\u015flar\u0131n\u0131 a\u015fmas\u0131, \u00d6zerden&#8217;in \u00fcr\u00fcn kalitesi ve rekabet g\u00fcc\u00fcn\u00fcn uluslararas\u0131 arenada ne denli kabul g\u00f6rd\u00fc\u011f\u00fcn\u00fcn g\u00fc\u00e7l\u00fc bir g\u00f6stergesidir.<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h3>3. Ambalajdan \u00c7ok Daha Fazlas\u0131: S\u00fcrd\u00fcr\u00fclebilir Gelece\u011fin Yal\u0131t\u0131m \u00c7\u00f6z\u00fcmleri<\/h3>\n<p>\u00d6zerden&#8217;in faaliyet alan\u0131, bir\u00e7ok ki\u015finin sand\u0131\u011f\u0131n\u0131n aksine, sadece ambalaj \u00fcr\u00fcnleriyle s\u0131n\u0131rl\u0131 de\u011fil. \u015eirket, &#8220;Yal\u0131t\u0131m Sekt\u00f6r\u00fc&#8221;nde de g\u00fc\u00e7l\u00fc bir varl\u0131k g\u00f6stererek stratejik bir \u00e7e\u015fitlilik yaratm\u0131\u015f durumda. \u00c7at\u0131, cephe ve zemin yal\u0131t\u0131m\u0131 i\u00e7in y\u00fcksek performansl\u0131 ve dayan\u0131kl\u0131 membranlar \u00fcreten \u015firket, bu alanda ithal \u00fcr\u00fcnlere \u00f6nemli bir yerli alternatif olu\u015fturuyor. Bu i\u015f kolu, \u015firketin enerji verimlili\u011fi, s\u00fcrd\u00fcr\u00fclebilirlik ve &#8220;ye\u015fil gelecek&#8221; hedefleriyle de do\u011frudan \u00f6rt\u00fc\u015f\u00fcyor. \u015eirketin &#8220;Laminasyon konusundaki tecr\u00fcbesi&#8221;, hem koruyucu ambalaj hem de y\u00fcksek performansl\u0131 yal\u0131t\u0131m membranlar\u0131 \u00fcretiminde ortak bir teknik yetkinlik olu\u015fturarak bu iki sekt\u00f6r aras\u0131nda g\u00fc\u00e7l\u00fc bir sinerji yarat\u0131yor. Bu \u00e7e\u015fitlendirme, \u00d6zerden&#8217;in pazar konumunu g\u00fc\u00e7lendiren ve riskleri da\u011f\u0131tan ak\u0131ll\u0131 bir stratejidir.<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h3>4. Halka A\u00e7\u0131k Ama Kontrol Ailede: \u0130mtiyazl\u0131 Paylar\u0131n G\u00fcc\u00fc<\/h3>\n<p>\u015eirketin ortakl\u0131k yap\u0131s\u0131, kurumsal y\u00f6netim a\u00e7\u0131s\u0131ndan olduk\u00e7a ilgi \u00e7ekici bir detay bar\u0131nd\u0131r\u0131yor. \u00d6zerden hisselerinin %58,81&#8217;i halka a\u00e7\u0131k olmas\u0131na ra\u011fmen, \u015firketin kontrol yap\u0131s\u0131 imtiyazl\u0131 paylar sayesinde korunuyor. Ana s\u00f6zle\u015fmeye g\u00f6re, &#8220;A Grubu&#8221; paylar, toplam sermaye i\u00e7indeki oranlar\u0131 daha d\u00fc\u015f\u00fck olsa da, genel kurul toplant\u0131lar\u0131nda her bir pay i\u00e7in 15 oy hakk\u0131na sahip. Bu durum, halka a\u00e7\u0131k bir \u015firketin stratejik kontrol\u00fc ve uzun vadeli vizyonunu nas\u0131l koruyabildi\u011fine dair ders niteli\u011finde bir \u00f6rnek sunuyor ve kurumsal y\u00f6netimin inceliklerini g\u00f6zler \u00f6n\u00fcne seriyor.<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h3>5. Rakamlar\u0131n Anlatt\u0131\u011f\u0131 Farkl\u0131 Hikaye: B\u00fcy\u00fcme Stratejisi ve Finansal Ger\u00e7ekler<\/h3>\n<p>Faaliyet raporlar\u0131, sadece ba\u015far\u0131 hikayelerini de\u011fil, ayn\u0131 zamanda ekonomik ger\u00e7ekleri de d\u00fcr\u00fcst\u00e7e ortaya koyar. \u00d6zerden&#8217;in g\u00fc\u00e7l\u00fc tarihi ve b\u00fcy\u00fcme anlat\u0131s\u0131na ra\u011fmen, 2025 y\u0131l\u0131n\u0131n ilk 9 ayl\u0131k konsolide gelir tablosu 44.189.875 TL&#8217;lik bir net d\u00f6nem zarar\u0131 g\u00f6steriyor. Bu zarar\u0131n ard\u0131ndaki en \u00f6nemli kalemlerden biri ise 37.442.130 TL&#8217;lik &#8220;Parasal Kay\u0131p&#8221; (\u015firketin nakit varl\u0131klar\u0131n\u0131n ve alacaklar\u0131n\u0131n y\u00fcksek enflasyon kar\u015f\u0131s\u0131nda reel olarak de\u011fer kaybetmesini ifade eden bir muhasebe d\u00fczeltmesi). Bu durum, \u015firketin operasyonel olarak b\u00fcy\u00fcd\u00fc\u011f\u00fcn\u00fc (ihracat\u0131n yurt i\u00e7i sat\u0131\u015flar\u0131 ge\u00e7mesiyle kan\u0131tland\u0131\u011f\u0131 gibi) ancak bu b\u00fcy\u00fcmenin y\u00fcksek enflasyon ortam\u0131n\u0131n yaratt\u0131\u011f\u0131 finansal bask\u0131 taraf\u0131ndan g\u00f6lgelendi\u011fini g\u00f6steren kritik bir ayr\u0131m\u0131 ortaya koyuyor. Bu, reel b\u00fcy\u00fcme ile muhasebesel k\u00e2rl\u0131l\u0131k aras\u0131ndaki fark\u0131 anlamak i\u00e7in m\u00fckemmel bir \u00f6rnektir.<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h3>Sonu\u00e7: Bir Vizyonun Anatomisi<\/h3>\n<p>\u00d6zerden Ambalaj&#8217;\u0131n faaliyet raporu, ilk bak\u0131\u015fta g\u00f6r\u00fclemeyecek, birbiriyle i\u00e7 i\u00e7e ge\u00e7mi\u015f katmanlardan olu\u015fan bir ba\u015far\u0131 ve dayan\u0131kl\u0131l\u0131k hikayesi anlat\u0131yor. Bu portre; k\u00f6kl\u00fc bir miras\u0131 k\u00fcresel hedeflerle, stratejik \u00e7e\u015fitlili\u011fi ak\u0131ll\u0131 bir y\u00f6netim yap\u0131s\u0131yla ve t\u00fcm bu dinamizmi finansal zorluklar\u0131n sober ger\u00e7ekli\u011fiyle harmanl\u0131yor. Rakamlar\u0131n ve tablolar\u0131n ard\u0131nda, gelece\u011fe y\u00fcr\u00fcyen bir vizyonun anatomisi yat\u0131yor. Peki, bir \u015firketin ger\u00e7ek de\u011feri, yaln\u0131zca k\u00e2r hanesinde mi, yoksa 65 y\u0131ll\u0131k bir miras\u0131 modern d\u00fcnyan\u0131n zorluklar\u0131na uyarlayarak gelece\u011fe ta\u015f\u0131ma becerisinde mi yatar?<\/p>\n<p>&nbsp;<\/p>\n<h1><span style=\"color: #0000ff;\">\u00d6zerden Ambalaj Sanayi A.\u015e. 2025 \u00dc\u00e7\u00fcnc\u00fc \u00c7eyrek Faaliyet Raporu Bilgilendirme Notu<\/span><\/h1>\n<h2>Y\u00f6netici \u00d6zeti<\/h2>\n<p>Bu bilgilendirme notu, \u00d6zerden Ambalaj Sanayi A.\u015e. ve ba\u011fl\u0131 ortakl\u0131\u011f\u0131n\u0131n 1 Ocak 2025 &#8211; 30 Eyl\u00fcl 2025 ara d\u00f6nemine ait faaliyet raporu ve finansal tablolar\u0131n\u0131 sentezleyerek temel bulgular\u0131 ve stratejik \u00e7\u0131kar\u0131mlar\u0131 sunmaktad\u0131r.<\/p>\n<p><b>Genel De\u011ferlendirme:<\/b> Ambalaj ve yal\u0131t\u0131m sekt\u00f6rlerinde 65 y\u0131l\u0131 a\u015fk\u0131n tecr\u00fcbesiyle faaliyet g\u00f6steren \u00d6zerden Ambalaj, 2025 y\u0131l\u0131n\u0131n ilk dokuz ayl\u0131k d\u00f6neminde sat\u0131\u015f gelirlerini bir \u00f6nceki y\u0131l\u0131n ayn\u0131 d\u00f6nemine g\u00f6re korumu\u015ftur. Yurtd\u0131\u015f\u0131 sat\u0131\u015flardaki art\u0131\u015f, yurti\u00e7i sat\u0131\u015flardaki d\u00fc\u015f\u00fc\u015f\u00fc dengelemi\u015ftir. Ancak, artan sat\u0131\u015f maliyetleri ve faaliyet giderleri br\u00fct k\u00e2rl\u0131l\u0131\u011f\u0131 ve esas faaliyet k\u00e2rl\u0131l\u0131\u011f\u0131n\u0131 olumsuz etkilemi\u015f, \u015firket bu d\u00f6nemi net zararla kapatm\u0131\u015ft\u0131r. \u015eirket, m\u00fc\u015fteri odakl\u0131 \u00fcretim anlay\u0131\u015f\u0131, Ar-Ge yat\u0131r\u0131mlar\u0131, s\u00fcrd\u00fcr\u00fclebilirlik ilkeleri ve k\u00fcresel pazarlara a\u00e7\u0131lma stratejileriyle sekt\u00f6rdeki lider konumunu peki\u015ftirmeyi hedeflemektedir.<\/p>\n<p><b>Finansal \u00d6zet (01.01.2025 &#8211; 30.09.2025 D\u00f6nemi):<\/b><\/p>\n<ul>\n<li><b>Net Sat\u0131\u015flar:<\/b> Bir \u00f6nceki y\u0131l\u0131n ayn\u0131 d\u00f6nemine g\u00f6re hafif bir art\u0131\u015fla 402,6 milyon TL&#8217;ye ula\u015fm\u0131\u015ft\u0131r (2024 9A: 398,7 milyon TL).<\/li>\n<li><b>Esas Faaliyet K\u00e2r\u0131\/Zarar\u0131:<\/b> Ge\u00e7en y\u0131l\u0131n ayn\u0131 d\u00f6nemindeki 51,8 milyon TL&#8217;lik k\u00e2ra kar\u015f\u0131l\u0131k, bu d\u00f6nemde 11,9 milyon TL esas faaliyet zarar\u0131 kaydedilmi\u015ftir. Bu durum, genel y\u00f6netim ve pazarlama giderlerindeki art\u0131\u015ftan kaynaklanmaktad\u0131r.<\/li>\n<li><b>Net D\u00f6nem Zarar\u0131:<\/b> Parasal kay\u0131plar\u0131n da etkisiyle net zarar, ge\u00e7en y\u0131l\u0131n ayn\u0131 d\u00f6nemindeki 19,0 milyon TL&#8217;den 44,2 milyon TL&#8217;ye y\u00fckselmi\u015ftir.<\/li>\n<li><b>Finansal Durum:<\/b> 30 Eyl\u00fcl 2025 itibar\u0131yla \u015firketin toplam varl\u0131klar\u0131 403,1 milyon TL, \u00f6zkaynaklar\u0131 ise 323,3 milyon TL olarak ger\u00e7ekle\u015fmi\u015ftir. \u015eirketin borca bat\u0131kl\u0131k durumu s\u00f6z konusu de\u011fildir ve sermayesini korumaktad\u0131r.<\/li>\n<\/ul>\n<p><b>Stratejik ve Operasyonel Vurgular:<\/b><\/p>\n<ul>\n<li><b>Sekt\u00f6rel Konum:<\/b> \u015eirket, koruyucu ambalaj segmentinde liderli\u011fini s\u00fcrd\u00fcrmekte ve yal\u0131t\u0131m sekt\u00f6r\u00fcnde ithal \u00fcr\u00fcnlere alternatif yerli \u00e7\u00f6z\u00fcmler sunarak \u00fclke ekonomisine katk\u0131 sa\u011flamaktad\u0131r.<\/li>\n<li><b>Kurumsal Yap\u0131:<\/b> \u015eirketin hisselerinin %58,81&#8217;i halka a\u00e7\u0131kt\u0131r. Naci Tamer \u00d6zerden, A Grubu imtiyazl\u0131 paylar arac\u0131l\u0131\u011f\u0131yla y\u00f6netimde \u00f6nemli bir etkiye sahiptir. \u015eirketin, sat\u0131\u015f ve pazarlama faaliyetleri i\u00e7in Almanya&#8217;da kurulmu\u015f Bizofol GmbH ad\u0131nda %100 oran\u0131nda bir ba\u011fl\u0131 ortakl\u0131\u011f\u0131 bulunmaktad\u0131r.<\/li>\n<li><b>Yat\u0131r\u0131mc\u0131 \u0130li\u015fkileri:<\/b> \u015eirket, 25 Haziran 2025&#8217;te 2024 y\u0131l\u0131 Ola\u011fan Genel Kurul toplant\u0131s\u0131n\u0131 ger\u00e7ekle\u015ftirmi\u015f ve 29 A\u011fustos 2025&#8217;te ikinci \u00e7eyrek mali sonu\u00e7lar\u0131na ili\u015fkin bir analist sunumu yay\u0131nlam\u0131\u015ft\u0131r.<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>1. Kurumsal Genel Bak\u0131\u015f ve Strateji<\/h2>\n<h3>1.1. \u015eirket Profili ve Tarih\u00e7e<\/h3>\n<p>1958 y\u0131l\u0131nda \u0130stanbul Topkap\u0131&#8217;da end\u00fcstriyel ser\u00fcvenine ba\u015flayan \u00d6zerden Ambalaj Sanayi A.\u015e., 65 y\u0131l\u0131 a\u015fk\u0131n s\u00fcredir sekt\u00f6r\u00fcnde faaliyet g\u00f6steren k\u00f6kl\u00fc bir kurulu\u015ftur. Ambalaj sekt\u00f6r\u00fcnde en \u00e7ok bilinen \u00fcr\u00fcn\u00fc &#8220;Balonlu Naylon&#8221; olan \u015firket, koruyucu ambalaj segmentinde bir\u00e7ok ilke imza atm\u0131\u015ft\u0131r. 2021 y\u0131l\u0131nda Kocaeli Dilovas\u0131&#8217;nda son teknoloji ile donat\u0131lm\u0131\u015f yeni \u00fcretim tesisini tamamlayan \u015firketin merkez ofisi \u0130stanbul, Sar\u0131yer&#8217;deki Windowist Tower&#8217;da bulunmaktad\u0131r.<\/p>\n<h3>1.2. Vizyon ve Misyon<\/h3>\n<ul>\n<li><b>Vizyon:<\/b> Her biri konusunda uzmanla\u015fm\u0131\u015f profesyonellerle \u00e7al\u0131\u015farak, yenilik\u00e7i bak\u0131\u015f a\u00e7\u0131lar\u0131 sunmak ve \u00f6nc\u00fc projeler hayata ge\u00e7irmek.<\/li>\n<li><b>Misyon:<\/b> Yar\u0131m asr\u0131 a\u015fan ticari ve sanayi tecr\u00fcbesini \u00fclkenin de\u011ferli kaynaklar\u0131yla birle\u015ftirerek, uzmanl\u0131k alan\u0131nda d\u00fcnyan\u0131n \u00f6nde gelen firmalar\u0131yla rekabet etmek.<\/li>\n<\/ul>\n<p>\u015eirket, yal\u0131t\u0131m ve ambalaj \u00e7\u00f6z\u00fcmleri konusunda global hizmeti yerel destek olarak sunmay\u0131 ve d\u00fcnyan\u0131n say\u0131l\u0131 \u00fcreticilerinden biri olmay\u0131 hedeflemektedir.<\/p>\n<h3>1.3. Stratejik Konumland\u0131rma ve Rekabet Avantaj\u0131<\/h3>\n<p>\u00d6zerden&#8217;in ba\u015far\u0131s\u0131n\u0131n ard\u0131nda m\u00fc\u015fteri odakl\u0131 ve verimlili\u011fi merkeze alan bir y\u00f6netim anlay\u0131\u015f\u0131 bulunmaktad\u0131r. \u015eirketi farkl\u0131 k\u0131lan temel unsurlar \u015funlard\u0131r:<\/p>\n<ul>\n<li><b>M\u00fc\u015fteri Odakl\u0131 \u00dcretim:<\/b> Son teknoloji \u00fcretim parkuru ve Ar-Ge g\u00fcc\u00fc ile esnek \u00fcretim ve inovatif \u00e7\u00f6z\u00fcmler sunma kabiliyeti.<\/li>\n<li><b>Payda\u015flara Sa\u011flanan G\u00fcven:<\/b> 65 y\u0131l\u0131 a\u015fk\u0131n s\u00fcredir hesap verebilirli\u011fi, g\u00fcvenilirli\u011fi ve adil olmay\u0131 ticari kazanc\u0131n \u00f6n\u00fcnde tutan bir ilke benimsemesi.<\/li>\n<li><b>Y\u00fcksek Kalite Standartlar\u0131:<\/b> Kalite standartlar\u0131n\u0131 s\u00fcrekli olarak en \u00fcst seviyeye ta\u015f\u0131ma \u00e7abas\u0131.<\/li>\n<\/ul>\n<h3>1.4. Sekt\u00f6rdeki Yeri<\/h3>\n<ul>\n<li><b>Ambalaj Sekt\u00f6r\u00fc:<\/b> \u015eirket, koruyucu ambalaj alan\u0131nda lider konumdad\u0131r. Plastik ve ka\u011f\u0131t malzemelerden \u00fcretti\u011fi s\u00fcrd\u00fcr\u00fclebilir ve \u00e7evreye duyarl\u0131 ambalaj \u00e7\u00f6z\u00fcmleriyle \u00f6ne \u00e7\u0131kmaktad\u0131r. \u00d6zellikle e-ticaret ve g\u0131da sekt\u00f6rlerindeki b\u00fcy\u00fcmeye paralel olarak artan dayan\u0131kl\u0131 ve fonksiyonel ambalaj talebini esnek \u00fcretim kapasitesiyle kar\u015f\u0131lamaktad\u0131r.<\/li>\n<li><b>Yal\u0131t\u0131m Sekt\u00f6r\u00fc:<\/b> G\u00fc\u00e7l\u00fc \u00fcretim altyap\u0131s\u0131 ile \u00e7at\u0131, cephe ve zemin yal\u0131t\u0131m\u0131 i\u00e7in y\u00fcksek performansl\u0131 membranlar \u00fcretmektedir. Bu \u00fcr\u00fcnler, ithal \u00fcr\u00fcnlere alternatif olu\u015fturarak \u00fclke ekonomisine katk\u0131 sa\u011flamaktad\u0131r. \u015eirket, binalarda \u0131s\u0131 ve ses yal\u0131t\u0131m\u0131 sa\u011flayan yenilik\u00e7i \u00e7\u00f6z\u00fcmler geli\u015ftirmektedir.<\/li>\n<\/ul>\n<h2>2. Finansal Performans Analizi (01.01.2025 &#8211; 30.09.2025)<\/h2>\n<h3>2.1. Gelir Tablosu Analizi<\/h3>\n<p><b>Sat\u0131\u015f Gelirleri Kar\u015f\u0131la\u015ft\u0131rmas\u0131 (TL)<\/b> | Gelir Kalemi | 01.01.2025 &#8211; 30.09.2025 | 01.01.2024 &#8211; 30.09.2024 | De\u011fi\u015fim | | :&#8212; | :&#8212; | :&#8212; | :&#8212; | | Yurti\u00e7i Sat\u0131\u015flar | 194.678.673 | 217.914.276 | -10.7% | | Yurtd\u0131\u015f\u0131 Sat\u0131\u015flar | 212.158.153 | 184.122.825 | +15.2% | | \u0130skonto ve \u0130adeler | (4.252.015) | (3.289.379) | &#8211; | | <b>Net Sat\u0131\u015flar<\/b> | <b>402.584.811<\/b> | <b>398.747.722<\/b> | <b>+1.0%<\/b> |<\/p>\n<p>Net sat\u0131\u015flar, yurtd\u0131\u015f\u0131 sat\u0131\u015flardaki g\u00fc\u00e7l\u00fc art\u0131\u015f sayesinde ge\u00e7en y\u0131l\u0131n ayn\u0131 d\u00f6nemine g\u00f6re yatay kalm\u0131\u015ft\u0131r.<\/p>\n<p><b>K\u00e2rl\u0131l\u0131k Analizi (TL)<\/b> | K\u00e2rl\u0131l\u0131k Kalemi | 01.01.2025 &#8211; 30.09.2025 | 01.01.2024 &#8211; 30.09.2024 | | :&#8212; | :&#8212; | :&#8212; | | Br\u00fct K\u00e2r | 134.420.761 | 169.269.866 | | Esas Faaliyet K\u00e2r\u0131 \/ (Zarar\u0131) | (11.885.059) | 51.783.029 | | Parasal Kay\u0131p | (37.442.130) | (68.862.584) | | <b>Net D\u00f6nem K\u00e2r\u0131 \/ (Zarar\u0131)<\/b> | <b>(44.189.875)<\/b> | <b>(19.020.693)<\/b> | | Hisse Ba\u015f\u0131na Kay\u0131p | (0,60) | (0,91) |<\/p>\n<p>Sat\u0131\u015flar\u0131n maliyetindeki art\u0131\u015f br\u00fct k\u00e2r\u0131 d\u00fc\u015f\u00fcrm\u00fc\u015ft\u00fcr. Genel y\u00f6netim ve pazarlama giderlerindeki \u00f6nemli art\u0131\u015flar, \u015firketin esas faaliyet zarar\u0131n\u0131 a\u00e7\u0131klamaktad\u0131r. D\u00f6nem, 44,2 milyon TL net zararla sonu\u00e7lanm\u0131\u015ft\u0131r.<\/p>\n<h3>2.2. Finansal Durum Tablosu \u00d6zeti<\/h3>\n<p>A\u015fa\u011f\u0131daki tablo, \u015firketin 30 Eyl\u00fcl 2025 tarihindeki finansal durumunu 31 Aral\u0131k 2024 tarihiyle kar\u015f\u0131la\u015ft\u0131rmal\u0131 olarak \u00f6zetlemektedir.<\/p>\n<p><b>\u00d6zet Konsolide Finansal Durum Tablosu (TL)<\/b> | Kalem | 30.09.2025 | 31.12.2024 | | :&#8212; | :&#8212; | :&#8212; | | <b>VARLIKLAR<\/b> | | | | D\u00f6nen Varl\u0131klar | 246.874.121 | 276.504.709 | | Duran Varl\u0131klar | 156.236.911 | 170.782.696 | | <b>Toplam Varl\u0131klar<\/b> | <b>403.111.032<\/b> | <b>447.287.405<\/b> | | <b>KAYNAKLAR<\/b> | | | | K\u0131sa Vadeli Y\u00fck\u00fcml\u00fcl\u00fckler | 61.780.941 | 71.792.986 | | Uzun Vadeli Y\u00fck\u00fcml\u00fcl\u00fckler | 18.068.248 | 9.251.630 | | <b>Toplam Y\u00fck\u00fcml\u00fcl\u00fckler<\/b> | <b>79.849.189<\/b> | <b>81.044.616<\/b> | | <b>\u00d6zkaynaklar<\/b> | <b>323.261.843<\/b> | <b>366.242.789<\/b> | | <b>Toplam Kaynaklar<\/b> | <b>403.111.032<\/b> | <b>447.287.405<\/b> |<\/p>\n<p>D\u00f6nem zarar\u0131 nedeniyle \u00f6zkaynaklarda bir d\u00fc\u015f\u00fc\u015f ya\u015fanm\u0131\u015ft\u0131r. Toplam varl\u0131klardaki azalma temel olarak d\u00f6nen varl\u0131klardaki (stoklar ve pe\u015fin \u00f6denmi\u015f giderler) d\u00fc\u015f\u00fc\u015ften kaynaklanmaktad\u0131r.<\/p>\n<h3>2.3. Risk Y\u00f6netimi<\/h3>\n<p>Grup; kur, nakit ak\u0131m, faiz oran\u0131, sermaye, kredi ve likidite risklerine maruz kalmaktad\u0131r. Risk y\u00f6netimi politikas\u0131, Y\u00f6netim Kurulu taraf\u0131ndan onaylanan stratejiler do\u011frultusunda \u00dcst Y\u00f6netim ve Mali \u0130\u015fler B\u00f6l\u00fcm\u00fc taraf\u0131ndan y\u00fcr\u00fct\u00fclmektedir.<\/p>\n<ul>\n<li><b>D\u00f6viz Kuru Riski:<\/b> Grup, d\u00f6viz pozisyonunu dengeleme ama\u00e7l\u0131 bir politika izlemektedir. 30.09.2025 itibar\u0131yla 74,4 milyon TL net yabanc\u0131 para varl\u0131k pozisyonu bulunmaktad\u0131r.<\/li>\n<li><b>Likidite Riski:<\/b> Yeterli nakit ve kredi limitleri bulundurularak y\u00f6netilmektedir.<\/li>\n<li><b>Kredi Riski:<\/b> M\u00fc\u015fteri kredi kalitesi s\u00fcrekli de\u011ferlendirilmekte ve riskler k\u0131s\u0131tlanmaktad\u0131r.<\/li>\n<li><b>Sermaye Riski:<\/b> Grup, sermaye y\u00f6netimini bor\u00e7\/sermaye oran\u0131n\u0131 kullanarak izlemektedir. 30.09.2025 itibar\u0131yla net bor\u00e7 pozisyonu (74,1) milyon TL (net nakit pozisyonu) olup, net bor\u00e7\/toplam \u00f6zsermaye ve net bor\u00e7 oran\u0131 (%29,72) negatif seviyededir.<\/li>\n<\/ul>\n<h2>3. Kurumsal Y\u00f6netim ve Ortakl\u0131k Yap\u0131s\u0131<\/h2>\n<h3>3.1. Sermaye ve Ortakl\u0131k Yap\u0131s\u0131<\/h3>\n<p>\u015eirketin \u00e7\u0131kar\u0131lm\u0131\u015f sermayesi 73.500.000 TL, kay\u0131tl\u0131 sermaye tavan\u0131 ise 500.000.000 TL&#8217;dir.<\/p>\n<p><b>Ortakl\u0131k Yap\u0131s\u0131 (30.09.2025)<\/b> | Ortak | Pay Grubu | Ortakl\u0131k Pay\u0131 (%) | Pay Tutar\u0131 (TL) | \u0130mtiyaz | | :&#8212; | :&#8212; | :&#8212; | :&#8212; | :&#8212; | | Naci Tamer \u00d6ZERDEN | A | 6,36 | 4.674.657,44 | Var | | Naci Tamer \u00d6ZERDEN | B | 34,83 | 25.599.382,95 | Yoktur | | Di\u011fer (Halka A\u00e7\u0131k) | B | 58,81 | 43.225.959,61 | Yoktur | | <b>Toplam<\/b> | | <b>100,00<\/b> | <b>73.500.000,00<\/b> | |<\/p>\n<ul>\n<li><b>\u0130mtiyazl\u0131 Paylar:<\/b> Ana s\u00f6zle\u015fme uyar\u0131nca (A) grubu paylar\u0131n y\u00f6netim kurulu \u00fcyesi aday\u0131 g\u00f6sterme, genel kurulda her bir pay i\u00e7in 15 oy hakk\u0131 ve tasfiye memuru aday\u0131 g\u00f6sterme imtiyazlar\u0131 bulunmaktad\u0131r.<\/li>\n<\/ul>\n<h3>3.2. Ba\u011fl\u0131 Ortakl\u0131k<\/h3>\n<p>\u015eirketin, Almanya&#8217;da kurulu, ambalaj koruma \u00fcr\u00fcnleri sat\u0131\u015f\u0131 alan\u0131nda faaliyet g\u00f6steren ve sermayesinin %100&#8217;\u00fcne sahip oldu\u011fu Bizofol GmbH ad\u0131nda bir ba\u011fl\u0131 ortakl\u0131\u011f\u0131 bulunmaktad\u0131r.<\/p>\n<h3>3.3. Y\u00f6netim Kurulu ve Komiteler<\/h3>\n<p>Y\u00f6netim Kurulu, 25.07.2024 tarihli Ola\u011fan Genel Kurul&#8217;da \u00fc\u00e7 y\u0131l s\u00fcreyle se\u00e7ilmi\u015ftir.<\/p>\n<ul>\n<li><b>Y\u00f6netim Kurulu \u00dcyeleri:<\/b> Naci Tamer \u00d6ZERDEN (Ba\u015fkan), Ebru \u00d6ZERDEN (Ba\u015fkan Vekili), Mehmet BA\u011eIR (\u00dcye), Mustafa Mert \u00d6ZERDEN (\u00dcye), Eser TA\u015eCI (Ba\u011f\u0131ms\u0131z \u00dcye), G\u00fcldem ATABAY (Ba\u011f\u0131ms\u0131z \u00dcye).<\/li>\n<li><b>Komiteler:<\/b>\n<ul>\n<li><b>Denetim Komitesi:<\/b> Ba\u015fkan G\u00fcldem ATABAY, \u00dcye Eser TA\u015eCI.<\/li>\n<li><b>Kurumsal Y\u00f6netim Komitesi:<\/b> Ba\u015fkan Eser TA\u015eCI, \u00dcyeler Ebru \u00d6ZERDEN, \u0130lknur TA\u015eKIRAN.<\/li>\n<li><b>Riskin Erken Saptanmas\u0131 Komitesi:<\/b> Ba\u015fkan G\u00fcldem ATABAY, \u00dcye Ebru \u00d6ZERDEN.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h2>4. Raporlama D\u00f6nemindeki Di\u011fer Geli\u015fmeler<\/h2>\n<ul>\n<li><b>Genel Kurul Toplant\u0131s\u0131:<\/b> 2024 y\u0131l\u0131 Ola\u011fan Genel Kurul Toplant\u0131s\u0131 25 Haziran 2025&#8217;te yap\u0131lm\u0131\u015ft\u0131r.<\/li>\n<li><b>Pay Geri Al\u0131m Program\u0131:<\/b> 15.02.2023 tarihli karar ile ba\u015flat\u0131lan program, 90 g\u00fcnl\u00fck s\u00fcrenin dolmas\u0131yla 17.05.2023 tarihinde sonland\u0131r\u0131lm\u0131\u015ft\u0131r. Program kapsam\u0131nda 167.726 adet pay geri al\u0131nm\u0131\u015ft\u0131r.<\/li>\n<li><b>Ba\u011f\u0131\u015f ve Yard\u0131mlar:<\/b> D\u00f6nem i\u00e7inde Tema Vakf\u0131 ve T\u00fcrk E\u011fitim Vakf\u0131&#8217;na toplam 7.155 TL ba\u011f\u0131\u015f yap\u0131lm\u0131\u015ft\u0131r.<\/li>\n<li><b>Hukuki Durum:<\/b> 30.09.2025 itibar\u0131yla \u015firket aleyhine a\u00e7\u0131lm\u0131\u015f ve mali durumu etkileyebilecek nitelikte bir dava bulunmamaktad\u0131r.<\/li>\n<li><b>Y\u00f6netici Sorumluluk Sigortas\u0131:<\/b> Y\u00f6netim Kurulu \u00fcyelerinin g\u00f6revleri s\u0131ras\u0131ndaki kusurlar\u0131 ile \u015firkette sebep olacaklar\u0131 zarara kar\u015f\u0131l\u0131k 1.000.000 USD limitli &#8220;Y\u00f6netici Sorumluluk Sigortas\u0131&#8221; poli\u00e7esi d\u00fczenlenmi\u015ftir.<\/li>\n<li><b>Personel:<\/b> 01.01.2025 \u2013 30.09.2025 d\u00f6neminde ortalama personel say\u0131s\u0131 105 ki\u015fidir.<\/li>\n<li><b>D\u00f6nem Sonras\u0131 Geli\u015fme:<\/b> \u015eirket merkez adresi 02.10.2025 tarihinde Re\u015fitpa\u015fa Mahallesi Eski B\u00fcy\u00fckdere Cad. Windowist Blok No 26\/24 Sar\u0131yer \u0130stanbul olarak de\u011fi\u015ftirilmi\u015ftir.<\/li>\n<\/ul>\n<h2>5. \u00dcr\u00fcn Portf\u00f6y\u00fc<\/h2>\n<h3>5.1. Ambalaj \u00dcr\u00fcnleri<\/h3>\n<ul>\n<li><b>Yal\u0131t\u0131m Ambalajlar\u0131:<\/b> Thermo Mailer, Thermo Bag, Thermo Pharma, Thermo Boxliner, Thermo Cover, Thermo Liner, Thermo Airsafe, Thermo Stretch.<\/li>\n<li><b>Koruyucu Ambalajlar:<\/b> Papersafe, Airsafe, Ranpak (Distrib\u00fct\u00f6rl\u00fck), Airbed, \u00c7ikolata Yast\u0131\u011f\u0131.<\/li>\n<li><b>Kutu \u0130\u00e7i Ambalajlar:<\/b> Balonlu Torba, Balonlu Naylon, Netkraft, Balond\u00fcla, PE K\u00f6p\u00fck Rulolar\u0131, PE Torbalar\u0131 ve Levhalar, Tamamlay\u0131c\u0131 \u00dcr\u00fcnler.<\/li>\n<\/ul>\n<h3>5.2. Yal\u0131t\u0131m \u00dcr\u00fcnleri<\/h3>\n<ul>\n<li><b>Radyan Bariyer Membranlar:<\/b> Bizo RX ASA 170, Bizo RX ASP 130, Bizo RX MSP 170, Bizo RX MSN 170, Bizo RX MWM 130.<\/li>\n<li><b>Yans\u0131t\u0131c\u0131 Yal\u0131t\u0131m:<\/b> Bizo THERMO AB 120, Bizo THERMO ABA 150, Bizo THERMO ABBA 240, Bizo THERMO MB2F 150, Bizo THERMO AB3FBA 320.<\/li>\n<li><b>Nefes Alabilen Membranlar:<\/b> Bizo Air 110, Bizo Air 130, Bizo Air Plus 190.<\/li>\n<li><b>Buhar Kontrol Membranlar\u0131:<\/b> Bizo Vape NP 100, Bizo Vape PSN 100, Bizo Vape PSP 160.<\/li>\n<\/ul>\n<button class=\"simplefavorite-button\" data-postid=\"429\" data-siteid=\"1\" data-groupid=\"1\" data-favoritecount=\"0\" style=\"\">Favorile <i class=<\/button>","protected":false},"excerpt":{"rendered":"<p>Bir Faaliyet Raporunun Ard\u0131ndaki 5 \u015ea\u015f\u0131rt\u0131c\u0131 Ger\u00e7ek: \u00d6zerden Ambalaj&#8217;\u0131n Bilinmeyen Y\u00f6nleri Giri\u015f: Rakamlar\u0131n \u00d6tesindeki Hikaye Kurumsal faaliyet raporlar\u0131 genellikle rakamlar, tablolar ve yasal zorunluluklarla dolu, yo\u011fun ve ilgi \u00e7ekici olmayan belgeler olarak g\u00f6r\u00fcl\u00fcr. Ancak bazen bu belgelerin sat\u0131r aralar\u0131nda bir&#8230; <\/p>\n","protected":false},"author":1,"featured_media":430,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[89],"class_list":["post-429","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bilancoanalizi","tag-ozrdn"],"_links":{"self":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/429","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/comments?post=429"}],"version-history":[{"count":1,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/429\/revisions"}],"predecessor-version":[{"id":431,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/429\/revisions\/431"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media\/430"}],"wp:attachment":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media?parent=429"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/categories?post=429"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/tags?post=429"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}