Ahlatc\u0131 Yat\u0131r\u0131m, Ere\u011fli Demir \u00c7elik\u2019in 2026 y\u0131l\u0131 \u00fc\u00e7\u00fcnc\u00fc \u00e7eyrek finansal sonu\u00e7lar\u0131na ili\u015fkin de\u011ferlendirmesini yay\u0131mlad\u0131. De\u011ferlendirmeye g\u00f6re \u015firket, \u00fc\u00e7\u00fcnc\u00fc \u00e7eyrekte 71 milyar 291 milyon TL net sat\u0131\u015f, 7 milyar 977 milyon TL faiz, amortisman ve vergi \u00f6ncesi k\u00e2r (FAV\u00d6K) ve 2 milyar 210 milyon TL net k\u00e2r a\u00e7\u0131klad\u0131.<\/p>\n
Net k\u00e2r, 1 milyar 961 milyon TL seviyesindeki piyasa beklentisinin y\u00fczde 12,7 \u00fczerinde ger\u00e7ekle\u015fti. Y\u0131ll\u0131k bazda net sat\u0131\u015flar y\u00fczde 34,6, FAV\u00d6K ise y\u00fczde 68,4 art\u0131\u015f kaydetti. FAV\u00d6K marj\u0131, 2,3 puanl\u0131k iyile\u015fmeyle y\u00fczde 8,9\u2019dan y\u00fczde 11,2\u2019ye y\u00fckseldi.<\/p>\n
Ahlatc\u0131 Yat\u0131r\u0131m, net k\u00e2rdaki beklenti a\u015f\u0131m\u0131n\u0131n \u00f6nceki \u00e7eyre\u011fin aksine operasyonel performanstan kaynaklanmas\u0131n\u0131 olumlu de\u011ferlendirdi. \u015eirketin 2026\u2019n\u0131n ikinci \u00e7eyre\u011finde net k\u00e2r\u0131n\u0131 destekleyen 9,6 milyar TL\u2019lik ertelenmi\u015f vergi gelirine kar\u015f\u0131l\u0131k, \u00fc\u00e7\u00fcnc\u00fc \u00e7eyrekte bu kalemin katk\u0131s\u0131 128 milyon TL\u2019de kald\u0131. Esas faaliyet k\u00e2r\u0131 ise y\u0131ll\u0131k bazda y\u00fczde 95 artarak 4 milyar 266 milyon TL\u2019ye ula\u015ft\u0131.<\/p>\n
De\u011ferlendirmede, raporlanan FAV\u00d6K\u2019\u00fcn sat\u0131\u015flar\u0131n maliyeti i\u00e7erisinde muhasebele\u015ftirilen 1 milyar 559 milyon TL tutar\u0131ndaki stok de\u011fer d\u00fc\u015f\u00fckl\u00fc\u011f\u00fc kar\u015f\u0131l\u0131\u011f\u0131n\u0131 i\u00e7erdi\u011fi belirtildi. Ahlatc\u0131 Yat\u0131r\u0131m, s\u00f6z konusu kar\u015f\u0131l\u0131k hari\u00e7 tutuldu\u011funda d\u00fczeltilmi\u015f FAV\u00d6K\u2019\u00fcn 9 milyar 536 milyon TL\u2019ye, FAV\u00d6K marj\u0131n\u0131n ise y\u00fczde 13,4\u2019e ula\u015ft\u0131\u011f\u0131n\u0131 hesaplad\u0131.<\/p>\n
\u015eirketin \u00fc\u00e7\u00fcnc\u00fc \u00e7eyrek sat\u0131\u015f hacminin y\u0131ll\u0131k bazda yakla\u015f\u0131k y\u00fczde 11 artarak 2 milyon 144 bin tona y\u00fckseldi\u011fi tahmin edildi. Ton ba\u015f\u0131na FAV\u00d6K, ikinci \u00e7eyrekteki 69 ABD dolar\u0131ndan 78 ABD dolar\u0131na \u00e7\u0131karken, stok de\u011fer d\u00fc\u015f\u00fckl\u00fc\u011f\u00fc kar\u015f\u0131l\u0131\u011f\u0131 hari\u00e7 tutuldu\u011funda 93 ABD dolar\u0131na ula\u015ft\u0131. Dokuz ayl\u0131k d\u00f6nemde s\u0131v\u0131 \u00e7elik kapasite kullan\u0131m oran\u0131 y\u00fczde 98 olarak ger\u00e7ekle\u015fti. Bu oran, 2025\u2019in ayn\u0131 d\u00f6neminde y\u00fczde 82 seviyesindeydi.<\/p>\n
Ahlatc\u0131 Yat\u0131r\u0131m, stok de\u011fer d\u00fc\u015f\u00fckl\u00fc\u011f\u00fc kar\u015f\u0131l\u0131\u011f\u0131n\u0131n tamam\u0131n\u0131n \u00fc\u00e7\u00fcnc\u00fc \u00e7eyrekte ayr\u0131lmas\u0131n\u0131 olumsuz bir geli\u015fme olarak de\u011ferlendirdi. Bu durumun, stoklar\u0131n net ger\u00e7ekle\u015febilir de\u011ferinin maliyetin alt\u0131na geriledi\u011fine i\u015faret etti\u011fi belirtildi. De\u011ferlendirmede, geli\u015fmenin d\u00f6rd\u00fcnc\u00fc \u00e7eyrekte \u00e7elik fiyatlar\u0131 ve \u00fcr\u00fcn-hammadde makas\u0131 a\u00e7\u0131s\u0131ndan temkinli bir sinyal verdi\u011fi ifade edildi.<\/p>\n
Nakit ak\u0131\u015f\u0131nda da zay\u0131f bir g\u00f6r\u00fcn\u00fcm izlendi\u011fi kaydedildi. Ere\u011fli Demir \u00c7elik, \u00fc\u00e7\u00fcnc\u00fc \u00e7eyrekte 2,2 milyar TL faaliyet nakit ak\u0131\u015f\u0131na kar\u015f\u0131l\u0131k 5,2 milyar TL yat\u0131r\u0131m harcamas\u0131 ger\u00e7ekle\u015ftirdi ve 3 milyar TL negatif serbest nakit ak\u0131\u015f\u0131 kaydetti. Stok ve verilen avanslardaki art\u0131\u015f\u0131n da etkisiyle \u015firketin net borcu \u00e7eyreklik bazda 11 milyar TL y\u00fckselerek 50,5 milyar TL\u2019ye ula\u015ft\u0131.<\/p>\n
K\u0131sa vadeli finansal bor\u00e7lar 72,4 milyar TL\u2019ye y\u00fckselerek toplam borcun y\u00fczde 44\u2019\u00fcn\u00fc olu\u015fturdu. Net finansman gideri 2,6 milyar TL olarak ger\u00e7ekle\u015firken, 672 milyon TL\u2019lik net parasal pozisyon kazanc\u0131n\u0131n net k\u00e2r\u0131n yakla\u015f\u0131k y\u00fczde 30\u2019unu olu\u015fturdu\u011fu belirtildi.<\/p>\n
<\/strong> \u0130stanbul, 23 Ekim (Hibya) – Ahlatc\u0131 Yat\u0131r\u0131m\u2019\u0131n de\u011ferlendirmesine g\u00f6re, Ere\u011fli Demir \u00c7elik 2026\u2019n\u0131n \u00fc\u00e7\u00fcnc\u00fc \u00e7eyre\u011finde 71 milyar 291 milyon TL net sat\u0131\u015f, 7 milyar 977 milyon TL FAV\u00d6K ve 2 milyar 210 milyon TL net k\u00e2r a\u00e7\u0131klad\u0131. Net k\u00e2r, 1 milyar 961 milyon TL olan piyasa beklentisinin y\u00fczde 12,7 \u00fczerinde ger\u00e7ekle\u015firken, \u015firketin net borcu \u00e7eyreklik bazda 11 milyar TL artarak 50,5 milyar TL\u2019ye y\u00fckseldi.<\/p>\n","protected":false},"author":1,"featured_media":171884,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAow07ekDA:productID":"","footnotes":""},"categories":[4,1,9],"tags":[],"class_list":["post-171883","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dunya","category-ekonomi","category-manset"],"_links":{"self":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/posts\/171883","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=171883"}],"version-history":[{"count":0,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/posts\/171883\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/media\/171884"}],"wp:attachment":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/media?parent=171883"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/categories?post=171883"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/tags?post=171883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nEKONOM\u0130 GAZETES\u0130 <\/p>\n","protected":false},"excerpt":{"rendered":"