Turkish retailer Migros soars following Q3 results

Migros Ticaret AS

07/11/2025 07:49

** Shares in Migros MGROS.IS rise as much as 6% after the Turkish retailer of food and consumer goods released its Q3 report

** Q3 net profit came at 3.95 billion lira  ($94.15 million), up from 4.21 billion lira year ago

** Brokerage Is yatirim, cites that they expect the market reaction to the results to be positive

** The brokerage also cites that the company "demonstrated strong operational profitability, margin growth, and resilient net profit performance despite a challenging base year and slowing inflation"

** Is yatirim also states, "the upward revision of the EBITDA margin and the advance dividend announcement" shows the management's confidence in "profitability and sustainability"

** The stock is among the best performers on Turkey's main BIST 100 .XU100 index, which is down 0.09%

($1 = 41.9551 liras)

 (Reporting by Arda Dipova)

 ((arda.dipova@thomsonreuters.com))