Otokar Otomotiv ve Savunma Sanayi AS 2024 Annual Report with Sustainability Disclosures
Company: Otokar Otomotiv ve Savunma Sanayi AS
Sector: Manufacturing
Country: Turkey
Year: 2024
Type: Annual Report with Sustainability Disclosures
Pages: 208
The report describes Otokar's 2024 performance against a challenging macroeconomic backdrop, including a 13.8% decline in revenues and a net loss. It highlights the landmark Romanian contract for 1,059 armored vehicles and Otokar's continued position in European bus markets. The company launched zero-emission e-Kent and autonomous e-Centro models in Europe and expanded its electric vehicle portfolio. Sustainability disclosures cover governance, employees, energy, waste, water reuse and verified Scope 1, Scope 2 and Scope 3 emissions.
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