Brief: Tofas Q1 Net Result Turns To Profit Of 3.0 Bln Lira YoY, Revises 2026 Guideline
06/05/2026 06:56
May 6 (Reuters) - Tofas Turk Otomobil Fabrikasi TOASO.IS: SAID ON TUESDAY, Q1 NET PROFIT OF 3.0 BLN LIRA VS LOSS OF 183.8 MLN LIRA YEAR AGO TOFAS - Q1 REVENUE OF 95.1 BLN LIRA VS 31.7 BLN LIRA YEAR AGO TOFAS SEES 2026 EXPORTS AT 70,000 - 80,000 UNITS (PREVIOUS FORECAST: 65,000-75,000 UNITS) TOFAS SEES 2026 LOCAL SALES AT 320,000 - 350,000 UNITS (PREVIOUS FORECAST: 350,000-370,000 UNITS) TOFAS SEES 2026 PRODUCTION AT 145,000 - 155,000 UNITS (PREVIOUS FORECAST: 140,000-150,000 UNITS) TOFAS KEEPS 2026 INVESTMENTS TARGET AT 250 MILLION EUROS) Source text: nIKANnGXW nIKA2w2FB0 Further company coverage: TOASO.IS (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
Recent news on Tofas Turk Otomobil Fabrikasi
See all newsBrief: Tofas Updates 2026 Guidance
Brief: Tofas Q2 Net Profit Up At 3.1 Bln Lira YoY
Brief: Tofas Says It Is To Suspend Production At Bursa Factory From July 30 To August 16 Due To The Planned Maintenance-Repair Works
Brief: Tofas Says It Increases Annual Vehicle Production Capacity By 50,000 Units To 500,000 Units
Brief: Tofas Q1 Net Result Turns To Profit Of 3.0 Bln Lira YoY, Revises 2026 Guideline