- BIM’s net income for the second quarter was 2.69 billion liras, a significant decrease of 56% compared to the previous year, missing the estimated 3.72 billion liras.
- Sales reached 153.2 billion liras, reflecting a 3.9% increase year-over-year, slightly surpassing the estimate of 153.03 billion liras.
- The company reported an EBITDA of 11.05 billion liras, significantly beating the estimated 6.69 billion liras.
- For the first half of the year, BIM’s net income totaled 5.56 billion liras.
- BIM expanded its presence by opening 266 new stores in the second quarter, increasing its total number of stores to 14,075.
- Analyst ratings for BIM include 19 buys and 3 holds, with no sell recommendations.
A look at Bim Birlesik Magazalar As Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Bim Birlesik Magazalar As is positioned for a positive long-term outlook. With strong scores in Dividend and Growth, the company shows promise for steady returns and potential for expansion. Additionally, its Resilience score suggests a stable foundation, indicating the ability to weather economic uncertainties. While the Momentum score is moderate, the overall outlook remains optimistic for Bim Birlesik Magazalar As.
Bim Birlesik Magazalar As, a company operating discount stores in Turkey, emphasizes private label products in the food and basic consumer goods sector. The combination of a solid Dividend score, high Growth score, and stable Resilience score bodes well for its future prospects. With this profile, Bim Birlesik Magazalar As appears well-positioned to navigate market challenges and capitalize on opportunities for continued success.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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