Koç Holding (KCHOL) investor relations material

Executive summary

• 9M26 combined revenue grew 8.2% in real terms YoY; consolidated net income attributable to equity holders rose 203% to TL 56,374mn.

• Combined investment reached $2.7bn versus $2.6bn in 9M25; balance-sheet discipline and liquidity remained priorities.

• Energy generated 72% of combined operating profit, while contributions varied across sectors and market conditions.

Financial highlights

• 9M consolidated revenue was TL 2,819,080mn versus TL 2,535,775mn; operating profit was TL 199,249mn versus TL 105,226mn.

• 9M gross profit was TL 532,327mn; profit before tax was TL 185,839mn, up from TL 66,432mn.

• 9M attributable profit was TL 56,374mn versus TL 18,618mn; Q3 attributable profit was TL 34,937mn versus TL 9,925mn.

• Q3 revenue was TL 1,030,762mn and operating profit TL 97,932mn; Q3 period profit was TL 70,870mn.

• 9M combined revenue was TL 4,531,652mn; adjusted combined operating profit was TL 230.2bn versus reported operating profit of TL 217,654mn.

Segment performance

• Energy 9M combined operating profit rose to TL 155,845mn from TL 48,169mn; combined net profit was TL 123,312mn.

• Automotive 9M combined operating profit fell to TL 24,050mn from TL 46,445mn; combined net profit was TL 25,609mn versus TL 36,306mn.

• Consumer durables reported a 9M combined net loss of TL 7,271mn versus TL 10,462mn; Arçelik revenue fell 14% to TL 435.3bn.

• Finance recorded combined net profit of TL 1,936mn versus a TL 2,503mn loss; consolidated net income contribution rose 177% to TL 1.1bn.

• Q3 combined operating profit was TL 105,353mn versus TL 50,045mn; Energy operating profit rose to TL 87,142mn from TL 24,117mn.