Turkish companies report H1 2026 financial results

Several major Turkish companies have released their financial results for the first half of 2026, prompting various analyst revisions.

Bim Birleşik Mağazalar reported significant growth, with net profit increasing by 103% to 14.9 billion TL in the first half of the year. For the second quarter specifically, net profit rose 125% to 8 billion TL, exceeding market expectations. Consequently, Vakıf Yatırım revised its target price for BIMAS upward from 515 TL to 552 TL.

Şişecam reported net sales of 122 billion TL, with international sales making up 61% of the total. While net profit saw a 2% increase to 5.36 billion TL, the company experienced a decline in gross profit and EBITDA. Following these results, Alnus Yatırım revised its target price for SISE downward from 69.65 TL to 62.87 TL, though it maintained a “buy” recommendation.

Enka İnşaat (ENKAI) reported a 31% increase in revenue to 84.74 billion TL for the first half of 2026. Despite a decrease in operating profit, net period profit rose 18.50% to 18.45 billion TL due to positive tax changes. Alnus Yatırım revised its target price for ENKAI to 141.33 TL and maintained a “buy” rating.