Migros Ticaret AS

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22 articles for Migros Ticaret AS

Turkey: Bargains are hard to come by anymore

We revised up our 12-month BIST-100 target to 6,800 from 4,800, indicating an upside of 30%. Considering high inflation, risks might be higher compared to potential rewards at current levels. Our top picks: BIMAS TI, CCOLA TI, MGROS TI, SISE TI, TAVH...
ATA Invest Zeynep
Zeynep Erman @ ATA Invest 26 January 2023

Migros: Another very impressive quarter. Stay tuned...

Migros realised TL807mn net income in 3Q22, better than our estimate of TL575mn and consensus estimate of TL567mn. The management revised its 2022E (1) topline growth guidance to “c.100%” from “c.80-85%” versus our estimate of 90.6%. We see upside ri...
ATA Invest Cemal
Cemal Demirtas @ ATA Invest 4 November 2022

Turkey Strategy: Election coming amid global slowdown

We revised up our 12-month BIST-100 target to 4,800 from 4,000, indicating an upside of 25%. Amid macro uncertainties, depending on signals in 4Q22, we might see lower levels in equitiesbefore it gets better. Our top picks: Bim, Coca Cola Icecek, Mi...
ATA Invest Zeynep
Zeynep Erman @ ATA Invest 20 October 2022

Migros: Very impressive results; new era for Migros

Migros realised TL441mn net income in 2Q22, better than our estimate of TL213mn and consensus estimate of TL190mn. Higher operational efficiency as well as lower financial expenses led to strong 2Q22 results. İn addition to strong 2Q22 results,  upwa...
ATA Invest Cemal
Cemal Demirtas @ ATA Invest 18 August 2022

Turkey: Earnings growth continues in 2022 helped by high inflation

ATA Invest Zeynep
Zeynep Erman @ ATA Invest 26 July 2022

Turkey: Earnings growth continues in 2022, helped by high inflation

ALERT** ATA INVEST RESEARCH - 1Q22 Earnings Estimates and Valuation Updates - Attractive valuations for selected blue chip companies. Earnings growth continues in 2022 helped by high inflation. Ahead of earnings season starting today, we revised up o...
ATA Invest Zeynep
Zeynep Erman @ ATA Invest 21 April 2022

Details

Turkey
MENA
Food & Staples Retailing
About
Migros Ticaret A.S owns and operates supermarkets and shopping malls. The Company sells food, household items, and other consumer goods at stores as well as on the Internet. Migros also rents out store space in its shopping malls. The Company operates in Turkey, Kazakhstan and Macedonia.

Associated topics

MENA Turkey Migros Ticaret AS Asia Equity Cemal Demirtas Consumer Staples Food & Staples Retailing Migros BIM Birlesik Magazalar AS Batuhan Ozsahin Consumer Discretionary Telecommunication Services Zeynep Erman