Last 22.45 TRY
Change Today -0.35 / -1.54%
Volume 581.5K
MGROS On Other Exchanges
As of 10:36 AM 02/27/15 All times are local (Market data is delayed by at least 15 minutes).

migros ticaret a.s (MGROS) Snapshot

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01/27/15 - 24.05
52 Week Low
03/3/14 - 14.45
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migros ticaret a.s (MGROS) Details

Migros Ticaret Anonim Sirketi operates retail stores in various formats. Its stores offer a range of stationary, glass and kitchenware, appliances, books, recorded media, clothing, and other necessity products, as well as food and beverages, and consumer and durable goods. As of December 31, 2014, the company operated 1,148 stores, including 1,124 supermarkets and 24 hypermarkets in Turkey; and 42 stores internationally. Migros Ticaret Anonim Sirketi also provides its products through shopping centers and the Internet. In addition, it operates in wholesale business; and rents floor space to other retailers in shopping malls and stores in Kazakhstan and Macedonia. The company was founded in 1954 and is headquartered in Istanbul, Turkey. Migros Ticaret Anonim Sirketi is a subsidiary of MH Perakendecilik ve Ticaret A.S.

18,219 Employees
Last Reported Date: 03/11/14
Founded in 1954

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migros ticaret a.s (MGROS) Key Developments

Migros Ticaret Opens 34 Stores in December

Migros Ticaret opened 34 new stores in December. Migros launched 12 stores under the Migros brand, 20 Migros Jet stores and one Macrocenter store in Turkey. It also opened one store under the Ramstore brand in Kazakhstan in the review period. As of December 31, Migros operated 1,148 stores in Turkey, including 1,124 supermarkets and 24 hypermarkets, and 42 stores abroad.

Migros Opens 12 Stores in Nov

Migros Ticaret has opened 12 new stores in November 2014.

Migros Ticaret Announces Earnings Results for the Third Quarter and Nine Months of 2014

Migros Ticaret announced earnings results for the third quarter and nine months of 2014. For the quarter, the company reported sales of TRY 2,295 million compared to TRY 2,001 million a year ago. EBITDA was TRY 166 million compared to TRY 137 million a year ago. EBITDAR was TRY 272 million compared to TRY 227 million a year ago. For the nine months, the company announced consolidated net profit of TRY 77.8 million ($35 million/EUR 28 million) from a loss of TRY 306.5 million a year ago. EBITDA rose 17.3% to TRY 401 million from TRY 342 million a year ago. Nine-month consolidated revenue increased 13.6% to TRY 6.032 billion compared to TRY 5.312 billion a year ago. EBITDAR was TRY 698 million compared to TRY 596 million a year ago. EBIT was TRY 250 million against TRy 209 million for the same period a year ago. Net debt was TRY 1,589 million against TRY 1,883 million for the same period a year ago.


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