Ulker net income climbs 45.5% YoY to TL 1.4 billion in 2Q FY26; revenue drops 11.4% to TL 27.0 billion

Reuters2026/08/19 11:34

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Ulker Biskuvi posted 2Q’26 revenue of TL 27 billion, down 11.4% year-on-year.
Net income climbed 45.5% to TL 1.4 billion, despite EBITDA falling 37.1% to TL 2.8 billion.
EBITDA margin narrowed 4.2 percentage points to 10.4%, while consolidated volume rose 1.3% to 163,447 tons.
International volumes increased 6% year-on-year; covenant net debt/EBITDA stood at 1.17x in June 2026.
2026 guidance was revised to a low single-digit net sales decline, while EBITDA margin guidance was maintained at 13.5% ±1.5%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ulker Biskuvi Sanayi AS published the original content used to generate this news brief on August 19, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Ulker net income climbs 45.5% YoY to TL 1.4 billion in 2Q FY26; revenue drops 11.4% to TL 27.0 billion

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