Brief: Turk Traktor Q1 Net Result Turns To Loss Of 1.3 Bln Lira YoY, Revises 2026 Guidance

Turk Traktor ve Ziraat Makineleri

30/04/2026 06:59

April 30 (Reuters) - TÜRK TRAKTÖR VE ZİRAAT MAKİNELERİ TTRAK.IS:

SAID ON WEDNESDAY Q1 LOSS OF 1.3 BILLION LIRA VS NET PROFIT OF 309.2 MILLION LIRA YEAR AGO

Q1 REVENUE OF 10.1 BILLION LIRA VERSUS 16.6 BILLION LIRA YEAR AGO

TURK TRAKTOR SEES DOMESTIC TRACTOR SALES AT 8,000–10,000 FOR 2026 (PREVIOUS EXPECTATION: 11,500-14,500)

TURK TRAKTOR MAINTAINS TRACTOR EXPORTS GUIDANCE AT 11,000–13,500 FOR 2026

TURK TRAKTOR SEES CAPEX OF 60-70 MILLION DOLLARS FOR 2026 (PREVIOUS GUIDANCE :75-100 MILLION DOLLARS)

TURK TRAKTOR REVISES ITS EXPECTATION FOR THE SIZE OF THE TURKISH TRACTOR MARKET TO 20,000–26,000 UNITS, DOWN FROM A PREVIOUS FORECAST OF 27,000–33,000 UNITS

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 (Gdansk Newsroom)

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