Sasa Polyester's growing debt in Q2 weighs on shares

SASA Polyester Sanayi

20/08/2025 08:31

** Turkish polyester maker Sasa SASA.IS slides more than 6% after Q2 results

** The company posts Q2 loss of 10.34 bln lira ($252.8 mln) with finance costs reaching 24.46 bln lira ($597.9 mln)

** Brokerage Gedik Yatirim notes 83% of company's debt is in euros with 5.62% interest and 13% is in dollars with 8.3%

** Gedik Yatirim says it expects climbing debt levels and continuing weak operational performance to reflect negatively on shares

** The stock is the worst performer on Istanbul's biggest 30 companies index .XU30

($1 = 40.9165 lira)

 (Reporting by Miraç Eren Dereli)

 ((miraceren.dereli@thomsonreuters.com))