Turkey

Turk Traktor: 2Q22 earnings in line with our expectations

  • Turk Traktor recorded TL483mn net income in 2Q22, 2% above consensus estimate and 2% above our estimate.

  • The company posted TL731mn EBITDA, 6% above our estimate and 6% above consensus estimate

  • EBITDA margin of 14.9% was 46ps higher than our estimate of 14.5%

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Zeynep Erman @ ATA Invest
August 5th, 2022
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ATA Holding is a third-generation family-owned conglomerate, primarily active in financial services, food & retail, technology and rea estate. ATA Group consists of more than 20 companies, with a total consolidated sales figure exceeding US$2.0bn.

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