Turkish grocer Sok Marketler rises after Q3 earnings beat

Sok Marketler Ticaret AS

06/11/2025 07:39

** Shares in Sok Marketler SOKM.IS rise more than 5% after the Turkish discount retailer reported Q3 earnings beat

** Brokerage İs Yatirim says strong EBITDA performance, improvement in operational outlook, and increasing cash generation provide positive signals, although net profit came in slightly below estimates due to tax expenses

** "Despite the weak sector outlook, the company continued its operational recovery for the fourth consecutive quarter, maintaining its turnaround from the bottom," it adds

** Q3 EBITDA rose to 3.095 billion lira, beating the 2.201 billion consensus estimate cited by İs Yatirim

** The stock is among the best performers on Turkey's main BIST 100 .XU100 index, which is up 0.69%

(Reporting by Canan Sevgili)

((canan.sevgili@thomsonreuters.com))