Adese As news

29 September 2016
We round up the results from Turkish retailers for the first half of 2016, including performance and highlights from BIM, Migros, Bizim Toptan, Adese and Uyum. Despite the continued growth of most retailers, some face profitability challenges. Migros growth overtakes BIM... In 2015, BIM grew faster than Migros; although for the first half of 2016, performance tells a different story: I...
14 March 2016
We round up the 2015 results from BIM, Migros, CarrefourSA, Bizim Toptan, Adese & Uyum where despite sales growth, many retailers face profitability challenges. BIM & Migros enjoy double digit sales growth Turkey's BIM has revealed its 2015 results, reporting that net sales increased by 21% to TRY 17.4bn (€5.4bn) and like-for-like sales increased by 10.8%. Net income increased by 48% ...
20 August 2015
Leading Turkish retailers BIM and Migros Ticaret have revealed its results for the first half of 2015. BIM reported a 21.4% increase in net sales to TRY 8.4bn (€2.6bn) and a 38.3% increase in net income to TRY 273.1m (€86.4m). Like-for-like sales in the first half increased by 11.4%. Meanwhile, competitor Migros reported a 17.8% increase in net sales for the first half to TRY 4.4bn (€1.4bn), alth...