Company Presentation

1H 2022 Financial Results

Contents

Sales

Expansion

Market Share Evolution

Financial Overview

Online Operations & Strategy Update

Summary & Guidance

Operations & Financials Details

Sales - 1H 2022 (TL million)

Sales

Sales

90% 15,963

75%

28,235

Competitive pricing

strategies pay off in

trading-down environment

16,104

8,415

Inflationary environment in 2Q

2Q 2021

2Q 2022

1H 2021

1H 2022

3

Offline & Online Expansion

Number of Stores

(Total)

Online Service Stores

(Total)

+276 2,681

2,405

Sales Area

(K sqm)

7%

1,605 1,713

+129

826

955

1H 2021

1H 2022

4

1H 2021

1H 2022

1H 2021

1H 2022

CAPEX (TL million)

% of Sales

1.9%2.7%

~1,650

969

539

2020 2021 2022E

Bolt on Acquisitions:

• 25 stores in Trabzon & Giresun

• 6 stores in İstanbul

• Will be operational in 4Q22

% of Sales

1.9%1.7%

474

303

1H 2021

1H 2022

5

This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Migros Ticaret AS published this content on 09 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 August 2022 18:48:07 UTC.