Borusan Boru raised its 2026 outlook: what it means for Borusan Boru stock
Published on 10/14/2026 at 00:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSOrder growth and margin outlook
- Borusan Boru reported USD 360 million in new sales orders on August 14, 2026.
- First-half 2026 EBITDA margin reached 9.20 percent.
- Borusan Boru had a TRY 93.6 billion market capitalization on October 13, 2026.
Borusan Boru raised its 2026 revenue and profitability outlook in a September 14, 2026 update, after first-half revenue rose 26.00 percent year over year to USD 977.00 million. For Borusan Boru stock, the key question is whether the improved order visibility can support the higher outlook as deliveries accelerate.
What changed in the outlook?
SteelOrbis reported on September 14, 2026 that Borusan Boru had raised its full-year 2026 revenue and profitability expectations. The company linked the change to faster second-half deliveries, energy-pipe demand and efficiency initiatives.
The first-half figures provide the operating base for that revision. Sales volume reached 603,000 tons, up 3.00 percent from the same period a year earlier, while net profit increased 166.00 percent to USD 40.00 million and EBITDA margin improved by 2.30 percentage points to 9.20 percent, according to SteelOrbis.
Orders extend into 2028
The order book in the Infrastructure and Projects segment extends into 2028, giving the company a longer revenue planning horizon. That visibility matters because the segment is the largest contributor to sales and the company expects delivery activity to accelerate in the second half of 2026.
Borsa Gündem reported on August 14, 2026 that Borusan Boru's US subsidiary had received new sales orders totaling USD 360 million from multiple customers. The same page also reported a USD 742 million order on July 2, 2026, showing how large project awards have become part of the company's growth narrative.
Three dated operating milestones
On July 2, 2026, the company was reported to have received a USD 742 million US order. On August 14, 2026, new US sales orders totaled USD 360 million, according to Borsa Gündem. On September 14, 2026, the company presented first-half revenue of USD 977.00 million and a 9.20 percent EBITDA margin in the SteelOrbis interview.
Borsa Istanbul context
Borusan Boru's BRSAN listing was last quoted at TRY 660.00 on Borsa Istanbul on October 13, 2026. The 52-week range was TRY 383.50 to TRY 789.00, while market capitalization stood at TRY 93.6 billion on the same date.
Borusan Boru key facts
- Company: Borusan Birlesik Boru Fabrikalari Sanayi ve Ticaret A.S.
- Ticker: BRSAN
- Primary exchange: Borsa Istanbul
- Market capitalization: TRY 93.6 billion (as of October 13, 2026)
- 52-week range: TRY 383.50-789.00 (as of October 13, 2026)
- Sector / Industry: Materials / steel tubes
