Çimsa's third-quarter net profit surpasses market expectations
Çimsa Çimento achieved a net profit of 1.77 billion TL in the third quarter of 2026, successfully exceeding market expectations.
Çimsa Çimento Sanayi ve Ticaret A.Ş. shared its financial results for the third quarter of 2026 with the public. During this period, the company generated 14.92 billion TL in revenue and 3.0 billion TL in EBITDA, while surpassing the market expectation of 1.71 billion TL by 3.5 percent with a parent company net profit of 1.77 billion TL.
Çimsa's inflation-adjusted revenue increased by 2.3 percent compared to the same period of the previous year, reaching 14.92 billion TL. Total revenue for the first nine months stood at 41.8 billion TL, registering a 2.7 percent contraction on an annual basis. While domestic sales revenues declined by 20 percent on a quarterly basis, international sales revenues increased by 15 percent, bringing their share in gross revenue to 69 percent.
The company reported 3.0 billion TL in EBITDA in the third quarter, experiencing a 1.7 percent decline compared to the same period last year. The EBITDA margin fell by 80 basis points to 20.3 percent due to the impact of energy expenses, while the nine-month EBITDA reached 7.5 billion TL. The increase in net profit was driven by a decline in financing and tax expenses, alongside a one-time income of 470 million TL generated from the sale of a ready-mixed concrete plant; the nine-month net profit rose by 30 percent to reach 3.9 billion TL.
Sources
- bloomberght.com · Link