R&D and Innovation in Energy Efficient Products

May 2020 Strong & Sustained Profitability . Sustainable Margins Despite all the ups and downs in the macro conditions, Arcelik managed to deliver a sustainable profitability thanks to its global sourcing power, prudent management and strong position in key markets Arcelik AS. 31,8% 32,0% 33,2% 29,8% 30,1% 30,5% 31,2% 31,8% 32,1% 28,9% 11,4% 11,0% 10,8% 11,0% 10,2% 10,4% 10,4% 10,5% 9,6% 9,4% 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 EBITDA Margin -Gross Margin Arçelik

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