Dardanel achieved an 89% increase in revenue in the first quarter of 2022.
Dardanel, Turkey's expert in fish and seafood, has announced its consolidated financial results for the first quarter of 2022. As the brand of firsts since 1984, Dardanel, following its successful performance in 2021, made a swift entry into 2022, continuing its growth in the first quarter and maintaining its leading position in the industry.
In the first three months of the year, the company's Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) margin increased to 16%. Dardanel managed to increase its consolidated sales revenue by 89%, reaching 530 million TL compared to the same period of the previous year when it was 281 million TL.
As a global Turkish brand expanding its export geography day by day, the company increased its exports by 70% in dollars in the first quarter of 2022. Accelerating its growth plans in exports, Dardanel continues to contribute foreign currency income to the Turkish economy with the momentum it has gained.
In the first three months of the year, the company's Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) margin increased to 16%. Dardanel managed to increase its consolidated sales revenue by 89%, reaching 530 million TL compared to the same period of the previous year when it was 281 million TL.
As a global Turkish brand expanding its export geography day by day, the company increased its exports by 70% in dollars in the first quarter of 2022. Accelerating its growth plans in exports, Dardanel continues to contribute foreign currency income to the Turkish economy with the momentum it has gained.
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