\u015eirketin FAV\u00d6K\u2019\u00fc y\u0131ll\u0131k y\u00fczde 11,4 art\u0131\u015fla 257 milyon avroya y\u00fckseldi. Bu tutar, Gedik Yat\u0131r\u0131m\u2019\u0131n 254 milyon avroluk tahminini ve 247 milyon avroluk piyasa beklentisini a\u015ft\u0131. FAV\u00d6K marj\u0131 da y\u0131ll\u0131k 250 baz puan artarak y\u00fczde 43,3\u2019e \u00e7\u0131kt\u0131. Gelir performans\u0131nda Almat\u0131 kaynakl\u0131 gerilemeye kar\u015f\u0131n BTA\u2019n\u0131n gelirleri Antalya operasyonlar\u0131n\u0131n katk\u0131s\u0131yla y\u00fczde 16, Hava\u015f\u2019\u0131n gelirleri y\u00fczde 9, Ankara\u2019n\u0131n gelirleri y\u00fczde 19 ve Kuzey Makedonya operasyonlar\u0131n\u0131n gelirleri y\u00fczde 13 artt\u0131.<\/p>\n
TAV Havalimanlar\u0131\u2019n\u0131n net k\u00e2r\u0131 y\u0131ll\u0131k y\u00fczde 32 art\u0131\u015fla 165,4 milyon avroya y\u00fckseldi. B\u00f6ylece \u015firket, Gedik Yat\u0131r\u0131m\u2019\u0131n 138,7 milyon avroluk tahminini ve 126,5 milyon avroluk piyasa beklentisini geride b\u0131rakt\u0131. Net finansman giderleri ise y\u0131ll\u0131k y\u00fczde 42 azalarak 26,6 milyon avroya indi. \u015eirketin a\u00e7\u0131klamas\u0131na g\u00f6re bu gerilemede, TMS 28 uygulamas\u0131 ve Almat\u0131\u2019daki faiz swap\u0131n\u0131n kapat\u0131lmas\u0131yla ba\u011flant\u0131l\u0131 nakit d\u0131\u015f\u0131 finansman gelirleri etkili oldu.<\/p>\n
\u015eirketin bilan\u00e7osunda da bor\u00e7luluk g\u00f6stergelerinde iyile\u015fme g\u00f6r\u00fcld\u00fc. Net bor\u00e7, \u00f6nceki \u00e7eyre\u011fe g\u00f6re y\u00fczde 10 azalarak 1,65 milyar avroya gerilerken net bor\u00e7\/FAV\u00d6K oran\u0131 2,8 kata indi. TAV Havalimanlar\u0131, 2026 y\u0131l\u0131na ili\u015fkin 112-118 milyon yolcu, 1 milyar 880 milyon-1 milyar 980 milyon avro gelir ve 580-630 milyon avro FAV\u00d6K beklentilerini korudu.<\/p>\n
Gedik Yat\u0131r\u0131m, TAV Havalimanlar\u0131\u2019n\u0131n \u00fc\u00e7\u00fcnc\u00fc \u00e7eyrek finansal sonu\u00e7lar\u0131n\u0131 s\u0131n\u0131rl\u0131 pozitif olarak de\u011ferlendirdi. Analizde, gelirlerin beklentilerin alt\u0131nda kalmas\u0131na kar\u015f\u0131n FAV\u00d6K\u2019\u00fcn tahminleri a\u015fmas\u0131 ve k\u00e2rl\u0131l\u0131k marj\u0131ndaki art\u0131\u015f\u0131n olumlu oldu\u011fu belirtildi. Net k\u00e2rdaki beklenti \u00fczeri performansta faaliyet d\u0131\u015f\u0131 kalemlerin etkisine dikkat \u00e7ekilirken, Almat\u0131\u2019da al\u0131nan ek tarife art\u0131\u015f\u0131n\u0131n d\u00f6rd\u00fcnc\u00fc \u00e7eyrekten itibaren yak\u0131t sat\u0131\u015flar\u0131ndaki gerilemeyi dengelemesinin beklendi\u011fi aktar\u0131ld\u0131. Bununla birlikte Orta Do\u011fu kaynakl\u0131 risklerin Medine, Antalya ve G\u00fcrcistan trafi\u011fi a\u00e7\u0131s\u0131ndan \u00f6nemini korudu\u011fu ifade edildi. TAV Havalimanlar\u0131 hisselerinin 2026 y\u0131l\u0131 tahminlerine g\u00f6re 5,9 FD\/FAV\u00d6K ve 13 F\/K \u00e7arpanlar\u0131yla i\u015flem g\u00f6rd\u00fc\u011f\u00fc, hisselerin y\u0131lba\u015f\u0131ndan bu yana BIST 100 endeksinin y\u00fczde 5 gerisinde kald\u0131\u011f\u0131 kaydedildi.<\/p>\n
\u00a0<\/p>\n
<\/strong> \u0130stanbul, 22 Ekim (Hibya)- Gedik Yat\u0131r\u0131m\u2019\u0131n TAV Havalimanlar\u0131 Holding\u2019in 2026 y\u0131l\u0131 \u00fc\u00e7\u00fcnc\u00fc \u00e7eyrek finansal sonu\u00e7lar\u0131na ili\u015fkin analizine g\u00f6re, \u015firketin gelirleri y\u0131ll\u0131k y\u00fczde 4,9 art\u0131\u015fla 593,8 milyon avroya ula\u015ft\u0131. Gelirler, Gedik Yat\u0131r\u0131m\u2019\u0131n 612 milyon avroluk tahmininin ve 615 milyon avroluk piyasa beklentisinin alt\u0131nda kald\u0131. Bu sonu\u00e7ta, jet yak\u0131t\u0131 sat\u0131\u015f hacimlerindeki d\u00fc\u015f\u00fc\u015f\u00fcn etkisiyle Almat\u0131 operasyonlar\u0131n\u0131n gelirlerinin y\u0131ll\u0131k y\u00fczde 11 gerilemesi etkili oldu.<\/p>\n","protected":false},"author":1,"featured_media":171212,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAow07ekDA:productID":"","footnotes":""},"categories":[12,4,1,11,9],"tags":[],"class_list":["post-171211","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-spor","category-dunya","category-ekonomi","category-saglik","category-manset"],"_links":{"self":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/posts\/171211","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/comments?post=171211"}],"version-history":[{"count":0,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/posts\/171211\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/media\/171212"}],"wp:attachment":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/media?parent=171211"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/categories?post=171211"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/tags?post=171211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nEKONOM\u0130 GAZETES\u0130 <\/p>\n","protected":false},"excerpt":{"rendered":"