Turkey's Ulker slide after Q4 miss

Ulker Biskuvi Sanayi AS

11/03/2026 08:01

** Ulker Biskuvi's ULKER.IS shares fall more than 5% after the Turkish confectionary reported Q4 results below expectations

** Company posted a Q4 net profit of 81 million lira  ($1.84 million), below market expectation of 1.11 billion

** Brokerage Is Yatirim notes company's full-year EBITDA margin fell 5.6 points to 12.4%, missing its guidance

** Is Yatirim says it expects the guidance miss and weaker‑than‑expected results to weigh on the stock

** Company's shares are the worst performer of the day among Istanbul's .XU100 index

($1 = 44.0823 liras)

 (Reporting by Miraç Eren Dereli)

 ((miraceren.dereli@thomsonreuters.com))