Sabancı Holding Announces 5-year Guidance at London Capital Markets Day, Targeting to Double Net Asset Value by 2029
Sabancı Holding, Türkiye’s leading investment holding company engaged in a wide variety of business activities, revealed its ambitious plan to double its Net Asset Value by 2029 at the Capital Markets Day held in London on October 9. The conference, which was attended by over 100 representatives from the world’s leading financial institutions, brought together top executives, including Chair Güler Sabancı, CEO Cenk Alper, CFO Orhun Köstem, Group Presidents, and company CEOs and finance teams to discuss the company’s 5-year strategic plan focused on increasing shareholder returns and reducing emissions.
The conference, themed “Sustainable, Digital, Scalable”, focused on Sabancı’s long-term commitment to sustainability and innovation, paving the way to transform its portfolio with scalable investments to enhance value. Under the banner of its Group Purpose, "We unite Türkiye and the World for a sustainable life with leading enterprises," Sabancı Holding detailed its focus on its core and 4 key growth areas, Energy and Climate Technologies, Material Technologies, Mobility Solutions, and Digital Technologies.
“Alongside its challenges, Türkiye holds tremendous potential”
At the conference, emphasizing her confidence in Türkiye's economy, Sabancı Holding Chair Güler Sabancı stated: 'With nearly a century of history, we are a community driven by a strong purpose. Since our founding, we have always believed that human capital is our most valuable asset. Our qualified workforce, combined with our unwavering commitment to sustainability, forms the cornerstone of Sabancı’s century-long legacy and future. Despite the challenges Türkiye’s economy has faced, we are seeing encouraging signs of stabilization. The prioritization of inflation is something that greatly pleases us as the business community. On the other hand, it is important to remember that Türkiye is an emerging market. Being an emerging market brings certain challenges within the current global context. However, alongside these challenges, Türkiye holds tremendous potential. With our vision of being 'Sabancı of the World,' we are determined to realize this potential both domestically and on a global scale."
“We are positioning Sabancı as a global game changer”
“Our goal is to lead the global transition towards a more sustainable future. We are committed to creating value for all stakeholders by integrating sustainability into the core of our business strategy,” said Cenk Alper, CEO of Sabancı Holding. “In each of these high-potential sectors, we are positioning Sabancı as a global game changer, fully committed to our ‘Sabancı of the World’ vision.”
Cenk Alper outlined the strategic investments driving the Holding’s growth, with a particular emphasis on renewable energy, advanced materials, mobility solutions and digital transformation. “We are ready to seize opportunities in the new economy, where sustainability and technology converge. Our focus on energy and climate technologies, along with material technologies, digital and mobility solutions, places us at the forefront of the global sustainable economy,” Alper said.
Sabancı Holding’s ongoing investment strategy has already allocated over $2 billion to these sectors, with significant progress being made in renewable energy and material technologies. The Group has set a clear path to reduce its carbon footprint, aiming for a 42% reduction in Scope 1 and 2 emissions by 2030, in line with global sustainability targets. The Holding has also adopted a target of net zero emissions and net zero waste by 2050.
Accelerating portfolio transformation through scalable investments
The conference also highlighted Sabancı’s robust financial performance, with its Net Asset Value increasing from $6 billion in 2019 to $10 billion today.
As part of its strategic plan to accelerate portfolio transformation through scalable investments, Sabancı Holding plans to further strengthen its global position, with a target to double its Net Asset Value to $20 billion by 2029. Additionally, the Group aims to increase the share of foreign currency revenue from 19% in 2024 to over 30%, further reinforcing its global presence.
As part of the 2029 guidance, Sabancı Holding plans to increase its Capex-to-Revenues ratio from 11% in 2024 to 15-20% by 2029, underscoring its commitment to accelerating investments. The portfolio’s return is also targeted to increase significantly, with the Weighted Average Cost of Capital (WACC) adjusted return expected to rise from +20 basis points in 2024 to +120 -150 basis points by 2029—an increase of at least 100 basis points, reflecting the Group’s strategic focus on value creation.
“Our transformation is not just about financial growth, but about making Sabancı a global leader in sustainable business,” Alper added. “With a strong foundation and a clear focus on innovation and sustainability, we are well-positioned to deliver long-term value to our investors.”
Sabancı Group companies supply their products and services around the globe with more than 60.000 employees in 15 countries worldwide. Sabancı Holding’s multinational business partners include leading global companies such as Ageas, Bridgestone, Carrefour, E.ON, Heidelberg Materials, and Skoda.