Business · Companies · 3 hrs ago
Anadolu Group revenue rises, but profit falls in third quarter
Turkey’s Anadolu Group reported mixed third-quarter results for 2026, with revenue rising but profit falling from a year earlier.
The group’s businesses include retail, drinks, automotive, and agriculture, energy and industry.
Revenue rose 2% to 246.8 billion lira, with retail bringing in the largest share.
Operating profit fell 13% to 28.5 billion lira, as weaker alcohol sales, higher energy prices and other costs squeezed margins.
Net profit was 2.4 billion lira, above the 2.2 billion lira market expectation, but 46% lower than a year earlier.
The group said its net debt fell from 102.9 billion lira in the previous quarter to 85.6 billion lira.
Its chief executive said revenue grew 3.4% in the first nine months, but the company gave no further plans in its results.
Anadolu Group’s third-quarter revenue rose 2% year on year to 246.8 billion Turkish lira.
Consolidated EBITDA fell 13% to 28.5 billion lira, and the EBITDA margin narrowed to 11.6%.
Net profit fell 46% year on year to 2.4 billion lira, but exceeded the 2.2 billion lira market expectation.
The company attributed pressure on profitability to weaker alcoholic-drink volumes, higher energy prices and rising costs.
Net debt declined from 102.9 billion lira in the previous quarter to 85.6 billion lira.
- Who
- Anadolu Group Holding A.Ş.
- What
- Third-quarter revenue rose, while EBITDA and net profit fell year on year.
- When
- The third quarter of 2026; results were reported on November 8, 2026.
- Where
- Not stated
- Why
- Higher energy prices, rising costs and weaker alcoholic-drink volumes pressured profitability.
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- Third-quarter revenue
- 246.8 billion Turkish lira, up 2% year on year
- Third-quarter EBITDA
- 28.5 billion Turkish lira, down 13% year on year
- Third-quarter net profit
- 2.4 billion Turkish lira, down 46% year on year
- Net debt
- 85.6 billion Turkish lira, down from 102.9 billion in the previous quarter
- Nine-month international sales share
- 22%, up from 19% in the same period last year
What people are saying
Despite the challenging macroeconomic environment, we achieved solid financial and operational results in the first nine months of the year.
Ongoing geopolitical tensions in our region significantly changed macroeconomic conditions compared with our forecasts at the beginning of the year, while the weakening in consumption dynamics in Türkiye became the most important factor shaping our operating environment in the first nine months of 2026.