{"id":42882,"date":"2025-12-18T14:24:06","date_gmt":"2025-12-18T14:24:06","guid":{"rendered":"https:\/\/kamucalisanlari.net\/?p=42882"},"modified":"2025-12-18T14:24:06","modified_gmt":"2025-12-18T14:24:06","slug":"migrostan-281-milyon-tl-kar","status":"publish","type":"post","link":"https:\/\/kamucalisanlari.net\/index.php\/2025\/12\/18\/migrostan-281-milyon-tl-kar\/","title":{"rendered":"Migros&#8217;tan 281 milyon TL k\u00e2r"},"content":{"rendered":"<p><p><b> SEVCAN ERS\u00d6ZL\u00dc\/BLOOMBERG HT ARA\u015eTIRMA <\/b><\/p>\n<p>Migros, 2025 y\u0131l\u0131n\u0131n 2. \u00e7eyrek bilan\u00e7osunu a\u00e7\u0131klad\u0131. \u015eirket piyasa beklentisinin alt\u0131nda 281 milyon TL net k\u00e2r a\u00e7\u0131klad\u0131. Piyasa beklentisi 938 milyon TL net k\u00e2r a\u00e7\u0131klamas\u0131 y\u00f6n\u00fcndeydi.<\/p>\n<p>\u015eirket, ge\u00e7en sene 6 ayl\u0131kta 1,9 milyar TL olarak a\u00e7\u0131klad\u0131\u011f\u0131 net k\u00e2r\u0131n\u0131, geriye d\u00f6n\u00fck, 2,6 milyar TL olarak d\u00fczeltti. Net k\u00e2r, y\u0131ll\u0131k bazda y\u00fczde 10,6 oran\u0131nda artarken, bir \u00f6nceki \u00e7eyre\u011fe g\u00f6re y\u00fczde 40,6 oran\u0131nda art\u0131\u015f g\u00f6sterdi. Net k\u00e2r marj\u0131 ise y\u0131ll\u0131k bazda 0,63 puanl\u0131k azal\u0131\u015fla y\u00fczde 0,31 seviyesinde ger\u00e7ekle\u015fti.<\/p>\n<p>Ciroda reel olarak kaydedilen b\u00fcy\u00fcme (y\u0131ll\u0131k y\u00fczde 5,7) , br\u00fct k\u00e2r\u0131n ge\u00e7en y\u0131l\u0131n ayn\u0131 d\u00f6nemine g\u00f6re y\u00fczde 10 artmas\u0131na katk\u0131 sa\u011flad\u0131. \u015eirket bu \u00e7eyrekte 1 milyar TL finansman gideri kaydetti. \u015eirketin net parasal pozisyon kazanc\u0131 4,5 milyar TL seviyesinde ger\u00e7ekle\u015fti. \u015eirket ilk \u00e7eyrekte 5,9 milyar TL net parasal pozisyon kazanc\u0131 kaydemi\u015fti.<\/p>\n<p>Y\u00fcksek finansman gideri, net parasal pozisyon kazanc\u0131ndaki gerileme ve operasyonel giderlerdeki art\u0131\u015f net k\u00e2r\u0131n bask\u0131lanmas\u0131na neden oldu.<\/p>\n<p><b> Sat\u0131\u015f geliri y\u00fczde 5 artt\u0131 <\/b><\/p>\n<p>\u015eirketin 2025 y\u0131l\u0131 2. \u00e7eyrek d\u00f6neminde sat\u0131\u015f gelirleri y\u00fczde 5,68 art\u0131\u015f g\u00f6stererek piyasa beklentisine paralel 92 milyar TL seviyesinde ger\u00e7ekle\u015fti. Bir \u00f6nceki \u00e7eyre\u011fe g\u00f6re sat\u0131\u015f gelirleri y\u00fczde 16,9 artt\u0131. 2. \u00e7eyrekte br\u00fct k\u00e2r y\u0131ll\u0131k y\u00fczde 10 art\u0131\u015fla 21,9 milyar TL olurken, br\u00fct k\u00e2r marj\u0131 y\u0131ll\u0131k 0,95 puan art\u0131\u015fla y\u00fczde 23,86 seviyesinde ger\u00e7ekle\u015fti.<\/p>\n<div>\n<p>Faiz, amortisman ve vergi \u00f6ncesi k\u00e2r (FAV\u00d6K) y\u0131ll\u0131k bazda y\u00fczde 10,6, \u00e7eyreksel bazda y\u00fczde 40,6 artarak piyasa beklentisine paralel 5,2 milyar TL seviyesinde ger\u00e7ekle\u015fti. FAV\u00d6K marj\u0131 da y\u0131ll\u0131k 0,25 puan, \u00e7eyreksel 0,95 puan art\u0131\u015fla y\u00fczde 5,65 seviyesinde ger\u00e7ekle\u015fti. \u015eirket bir \u00f6nceki \u00e7eyrekte y\u00fczde 4,70 FAV\u00d6K marj\u0131 elde edilmi\u015fti.<\/p>\n<p>\u015eirketin nakit de\u011ferleri 2. \u00e7eyrekte 22,1 milyar TL seviyesinde ger\u00e7ekle\u015fti. Bir \u00f6nceki \u00e7eyrek 19,4 milyar TL seviyesindeydi. \u0130\u015fletme faaliyetlerinden 8,7 milyar TL nakit giri\u015fi sa\u011fland\u0131. Yat\u0131r\u0131m faaliyetlerinden 4,6 milyar TL nakit \u00e7\u0131k\u0131\u015f\u0131 olurken, finansman faaliyetlerinden 5,2 milyar TL nakit \u00e7\u0131k\u0131\u015f\u0131 oldu.<\/p>\n<p>2025 y\u0131l\u0131n\u0131n 2. \u00e7eyre\u011finde 41 ma\u011faza a\u00e7\u0131l\u0131\u015f\u0131 ger\u00e7ekle\u015ftiren \u015firketin toplam ma\u011faza say\u0131s\u0131 30 Haziran 2025 itibar\u0131yla 3 bin 683 seviyesine ula\u015ft\u0131. 2024 sene sonundaki ma\u011faza say\u0131s\u0131 3 bin 621 seviyesindeydi.<\/p>\n<p><b> Alt\u0131 ayl\u0131k ciro 175 milyar TL oldu <\/b><\/p>\n<p>Migros 6 ayl\u0131k d\u00f6neminde 175 milyar TL ciro elde etti. 6 ayl\u0131k d\u00f6nemde cirosu y\u0131ll\u0131k bazda y\u00fczde 7 artt\u0131. \u015eirket bu d\u00f6nemde 42 Milyar TL br\u00fct k\u00e2r elde ederken, br\u00fct k\u00e2r marj\u0131 y\u00fczde 24 seviyesinde ger\u00e7ekle\u015fti ve bir \u00f6nceki y\u0131la k\u0131yasla 2,39 puan artt\u0131.<\/p>\n<p>\u015eirket 2025 y\u0131l\u0131n\u0131n ilk 6 ayl\u0131k d\u00f6neminde y\u00fczde 5&#8217;lik marjla 8,9 milyar TL FAV\u00d6K elde etti. \u015eirketin FAV\u00d6K rakam\u0131 y\u0131ll\u0131k bazda y\u00fczde 63,33, FAV\u00d6K marj\u0131 ise y\u0131ll\u0131k bazda 1,76 puan artt\u0131.<\/p>\n<\/div>\n<div>\n<p>Migros 2025 y\u0131l\u0131n\u0131n ilk 6 ay\u0131nda 1,3 milyar TL net k\u00e2r elde etti. \u015eirketin 6 ayl\u0131k net k\u00e2r\u0131 y\u0131ll\u0131k bazda y\u00fczde 49,84 d\u00fc\u015ft\u00fc. \u015eirket 6 ayl\u0131k d\u00f6nemde 791 milyon TL ertelenmi\u015f vergi gideri yazd\u0131. 6 ayl\u0131k d\u00f6nemde net finansman gideri y\u0131ll\u0131k y\u00fczde 13 art\u0131\u015fa 1,8 milyar TL seviyesinde ger\u00e7ekle\u015fti.<\/p>\n<\/div>\n<\/p>\n<p><\/p>\n<p>Kaynak :\u00a0<span style=\"background-color: rgb(255, 249, 236); color: rgb(55, 58, 60); font-size: 14px;\">https:\/\/www.bloomberght.com\/migros-tan-281-milyon-tl-kr-3754692<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Migros, 2025 y\u0131l\u0131n\u0131n 2. \u00e7eyre\u011finde piyasa beklentisinin alt\u0131nda 281 milyon TL net k\u00e2r a\u00e7\u0131klad\u0131. Piyasa beklentisi 938 milyon TL net k\u00e2r a\u00e7\u0131klamas\u0131 y\u00f6n\u00fcndeydi.<\/p>\n","protected":false},"author":1,"featured_media":42883,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[223,218,3127,3048,182],"manset":[],"class_list":["post-42882","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ekonomi","tag-artis","tag-ceyrek","tag-milyar-tl","tag-net-kar","tag-sirket"],"_links":{"self":[{"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/posts\/42882","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/comments?post=42882"}],"version-history":[{"count":1,"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/posts\/42882\/revisions"}],"predecessor-version":[{"id":42884,"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/posts\/42882\/revisions\/42884"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/media\/42883"}],"wp:attachment":[{"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/media?parent=42882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/categories?post=42882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/tags?post=42882"},{"taxonomy":"manset","embeddable":true,"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/manset?post=42882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}