Pinar Sut
PROJECT REPORT
INTRODUCTION
Pinar Süt has the most stable ratios among our formerly selected five companies namely Pinar Sut, Turk Traktor, Nuh Cimento, Dyo Boya and Kelebek Mobilya. Throughout the report we will present the company profile and analyze free cash flows of Pinar Sut to value the company and give a concluding recommendation to potential investors of Pinar Sut.
C O M PA N Y P R O F I L E
Pınart süt was founded in 1975 in İzmir, with the largest manufacturing factory of Middle East, today; Pınar is the number one known company in its sector according to AC Nielsen. Besides milk, there are other product categories such as yogurt and cheese, that are produced by the company and company is known as an innovative producer. In 1981, Pıar Süt Company joined Yaşar Holding. After than Pınar Süt became an innovative company in the industry. Pınar Süt was the first company that opened a factory for producing water bottles with packing paper in 1984. One year after Pınar Süt was exporting bottled water to Germany. At that time, Pınar Süt introduced the first integrated modern meat plant, which produces salami, sausage and several other products in a hygienic environment. In the same year Pınar Süt also introduced the first marine aquaculture, and the company started to produce sea products. There were other leading innovations made by Pınar Süt such as, the first hamburger meat of Turkish Republic, the first pasteurized cheese, the first integrated turkey production, and the first organic milk in the market. 21% of total exports of Turkey on milk and milk products made by Pınar Süt, and Pınar Süt exports its products to over 29 countries including United States, European Union and Asia. Export sales are tripled since 2002. According to 2010 researches Pınar Süt exports $25 million worth of good annualy and Pınar Süt milks are entered to one of the two residents in Turkey. The total revenue of Pınar Süt in 2010 is almost 2.75 billion TL, and the company target of
INTRODUCTION
Pinar Süt has the most stable ratios among our formerly selected five companies namely Pinar Sut, Turk Traktor, Nuh Cimento, Dyo Boya and Kelebek Mobilya. Throughout the report we will present the company profile and analyze free cash flows of Pinar Sut to value the company and give a concluding recommendation to potential investors of Pinar Sut.
C O M PA N Y P R O F I L E
Pınart süt was founded in 1975 in İzmir, with the largest manufacturing factory of Middle East, today; Pınar is the number one known company in its sector according to AC Nielsen. Besides milk, there are other product categories such as yogurt and cheese, that are produced by the company and company is known as an innovative producer. In 1981, Pıar Süt Company joined Yaşar Holding. After than Pınar Süt became an innovative company in the industry. Pınar Süt was the first company that opened a factory for producing water bottles with packing paper in 1984. One year after Pınar Süt was exporting bottled water to Germany. At that time, Pınar Süt introduced the first integrated modern meat plant, which produces salami, sausage and several other products in a hygienic environment. In the same year Pınar Süt also introduced the first marine aquaculture, and the company started to produce sea products. There were other leading innovations made by Pınar Süt such as, the first hamburger meat of Turkish Republic, the first pasteurized cheese, the first integrated turkey production, and the first organic milk in the market. 21% of total exports of Turkey on milk and milk products made by Pınar Süt, and Pınar Süt exports its products to over 29 countries including United States, European Union and Asia. Export sales are tripled since 2002. According to 2010 researches Pınar Süt exports $25 million worth of good annualy and Pınar Süt milks are entered to one of the two residents in Turkey. The total revenue of Pınar Süt in 2010 is almost 2.75 billion TL, and the company target of