Earnings Report /

Petkim: Stronger than expected results due to one-offs…

  • Petkim posted TL1,702mn net income in 3Q21, higher than our estimate of TL959mn and consensus estimate of TL980mn

  • The company posted TL1,335mn EBITDA in 3Q21, slightly lower than our estimate of TL1,383mn

  • We believe that the initial reaction to the results will be positive thanks to strong performance in 3Q21

Zeynep Erman
Zeynep Erman

Equity Research Analyst

ATA Invest
10 November 2021
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