Guidance.
Guidance
| 2021 | 2022 | 2023 | 2024 | 1Y25 | 2025 Guidance |
2025 Revized Guidance |
|
| Sales Volume (million tons) | 0,76 | 0,85 | 1,06 | 1,17 | 0,58 | 1,05-1,20 | - |
| Revenue ($ billion) | 0,8 | 1,3 | 1,7 | 1,7 | 0,8 | 1,6-1,8 | - |
| EBITDA Margin (%) | %9,8 | %14,9 | %18,2 | %6,0 | %6,9 | %5-%7 | - |
- In 2Q25, financial results were in line with expectations, supported by improved profitability driven by the positive pricing environment—particularly in the U.S. market—and operational efficiency initiatives implemented across all plants.
- The positive trend is expected to continue in 3Q25.
- In 4Q25, the favorable pricing environment observed in OCTG products in the U.S. market is expected to normalize. In the U.S., the potential impact of possible changes in tariffs applied to steel product imports on operational profitability will be closely monitored. In Turkish operations, cost increases driven by inflation and exchange rate fluctuations are expected to continue to adversely affect the overall competitiveness of the sector in the coming period.
- At this stage, no revisions have been made to the year-end 2025 guidance.
- In line with its outlook for the remainder of the year, Borusan Pipe expects to achieve a sales volume of between 1.05 and 1.20 million tons, revenue in the range of $1.6 - 1.8 billion, and an EBITDA margin between 5% and 7% in 2025.
- Under normal circumstances, guidance is disclosed four times a year, in conjunction with quarterly financial disclosures.