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TAB Gıda reports 2026 first nine-month financial results
TAB Gıda has released its operational and financial results for the first nine months of 2026. The company reported a sales volume of 64 billion TL, with total revenue reaching 48.7 billion TL and an EBITDA of 10.2 billion TL. Net profit for the period was recorded at 2.5 billion TL.
During this period, the company expanded its network by opening 151 new restaurants. Digital channels have become increasingly significant, now accounting for 56 percent of total sales. Additionally, the company has initiated international expansion by launching the Usta Dönerci brand in the Chinese market.
Gedik Yatırım evaluated the results, noting that while operational performance was positive, rising financing expenses and low financial income pressured net profit. Consequently, Gedik Yatırım lowered its 12-month target price for TAB Gıda from 405.60 TL to 350.80 TL, while maintaining an “Outperform” recommendation.
Entities
China · Gedik Yatırım · TAB Gıda · Turkey · Usta Dönerci