Brief: Tofas Q2 Net Profit Up At 1.75 Bln Lira YoY, Revises Guidance

Tofas Turk Otomobil Fabrikasi

29/07/2025 06:11

July 29 (Reuters) - TOFAŞ TÜRK OTOMOBİL FABRİKASI TOASO.IS:

SAID ON MONDAY, Q2 NET PROFIT OF 1.75 BLN LIRA VERSUS NET PROFIT OF 1.74 BLN LIRA YEAR AGO

Q2 REVENUE OF 69.44 BLN LIRA VERSUS 32.10 BLN LIRA YEAR AGO

SEES 2025 LOCAL SALES AT 300,000-330,000 UNITS INCLUDING STELLANTIS-TURKEY(PREVIOUS: 110,000-130,000 UNITS)

SEES 2025 PRODUCTION AT 150,000-160,000 UNITS (PREVIOUS: 150,000-170,000 UNITS)

SEES 2025 EXPORTS AT 70,000-80,000 UNITS (PREVIOUS: 70,000-90,000 UNITS)

SEES 2025 EBIT AT AROUND 3%, 2028 EBIT AT 5-8%

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