Ford Otosan 1H FY26 net income drops 40% to TL 10.3 billion; revenue falls 12% to TL 427.1 billion

Reuters2026/08/04 19:08

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Ford Otosan 1H’26 net income fell 40% to TL 10.3 billion as revenue dropped 12% to TL 427.1 billion.
Operating profit slid 56% to TL 11.6 billion, pushing the operating margin down to 2.7% from 5.5%.
Adjusted EBITDA fell 37% to TL 25.6 billion, with the adjusted EBITDA margin narrowing to 6% from 8.4%.
Wholesale volume decreased 6% to 334,988 vehicles; capacity utilization eased to 73% from 75%.
Management cited softer demand, intensifying competition and macro pressure; 2026 outlook guides for mid-to-high single-digit revenue decline, 6%-7% adjusted EBITDA margin.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ford Otomotiv Sanayi AS published the original content used to generate this news brief on August 04, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Ford Otosan 1H FY26 net income drops 40% to TL 10.3 billion; revenue falls 12% to TL 427.1 billion

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