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BIM Birlesik Magazalar (BIMAS) investor relations material

BIM Birlesik Magazalar Q3 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2025 earnings summary11 Nov, 2025

Executive summary

  • Net sales reached 179.7 billion TL in 3Q25, up 7% year-over-year, with strong operating performance and continued store expansion.

  • Like-for-like sales in Türkiye rose 32% year-over-year for the quarter, with basket size up 35% but customer traffic down 2.2%.

  • Store count grew to 14,231, with 156 new stores opened in 3Q25, reflecting a 6% year-over-year increase.

Financial highlights

  • EBITDA was 13.2 billion TL with a 7.4% margin in 3Q25; net income was 5.3 billion TL, representing a 2.9% margin.

  • Gross profit for 3Q25 was 36.0 billion TL, up 21% year-over-year, with a gross margin of 17.7%.

  • Operating expenses increased 6% year-over-year, with OPEX to sales at 16.4% in 3Q25.

  • Cash position, including short-term financial assets, rose to 19.0 billion TL at quarter-end.

  • Capex for the quarter was 4.8 billion TL, or 2.7% of sales.

Outlook and guidance

  • Guidance and analysis are based on financial data excluding inflation accounting (TAS 29), to provide a clearer operational view.

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Frequently asked questions

BİM Birleşik Mağazalar A.Ş. is a Turkish retail company specializing in discount grocery stores. The company operates a network of stores offering a limited assortment of essential food and non-food products at competitive prices. BİM focuses on private-label goods and cost-efficient operations to provide value to consumers. In addition to its presence in Turkey, the company has expanded into international markets. It primarily serves urban and suburban areas through its streamlined store format. The company is headquartered in Istanbul, Turkey, and its shares are listed on the BIST.

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