Dogus Otomotiv Servis Ve Ticaret Anonim Sirketi · BIST:DOAS
Dogus Otomotiv Servis Ve Ticaret Anonim Sirketi — Doğuş Otomotiv Servis ve Ticaret A.Ş. — 2Q 2026 Earnings Presentation
24 slides from Dogus Otomotiv Servis Ve Ticaret Anonim Sirketi's earnings presentation, Aug 20, 2026
Slide 1: 2Q 2026 Analyst Briefing Presentation
2Q 2026 ANALYST BRIEFING PRESENTATION August 20, 2026 KEREM TALİH
Slide 2: Table of Contents
Table of Contents Doğuş Otomotiv at a Glance 3 Key Takeaways 4 Automotive Market 5 Financial Performance 12 2026 Expectations 21 Analyst Briefing Presentation | 2Q 2026 Lamborghini | Urus
Slide 3: Doğuş Otomotiv at a Glance
Doğuş Otomotiv at a Glance Capital Structure 18 international brands Free Float 39.50% 750+ customer touch 2,190 employees points 60.50% Providing value to Doğuş A total vehicle park of Holding A.Ş. ~11.1 million ~2.7 million1 customers1 Doğuş Sigorta Aracılık Hizmetleri A.Ş 0.00013% As of 30.06.202
Slide 4: Key Takeaways (YoY)
Key Takeaways (YoY)1 Foreign Investor PC Market Share BIST Dividend Ownership Ratio Champion 25.9% 16.0% (13.25% Dividend Yield) 2 1.3% BP 0.0% P 3.2% BP Revenue Total Assets Income from Associates 113,144 153,337 1.067 (Million TRY) (Million TRY) (Million TRY) 18% 0% 16% 1 As of 30.06.2026 2 Source
Slide 5: Automotive Market
AUTOMOTIVE MARKET Analyst Briefing Presentation | 2Q 2026 Porsche | 911
Slide 6: Jan - July 2026 Doğuş Otomotiv Main Segment Sales
Jan - July 2026 Doğuş Otomotiv Main Segment Sales -11% Retail Market 733,027 -12% 654,004 572,198 502,712 -10% -5% -7% -13% 143,497 136,253 103,015 95,346 65,031 58,463 17,332 15,039 Total Market PV Premium LCV EV HCV July 2025 July 2026 -10% DOAS -9% 104,647 94,359 90,423 82,075 -23% -14% -48% -12%
Slide 7: Jan – July 2026 Brand Based Sales Performance (Wholesale)
Jan – July 2026 Doğuş Otomotiv Brand Based Sales Performance (Wholesale) WHOLESALE UNITS 07M25 07M26 Δ DOAS TOTAL 108,592 101,958 -6% VW PC Škoda VW LCV Audi CUPRA +6% 0% -6% -22% -41% 42,707 45,331 24,622 24,538 13,334 12,575 13,679 10,617 6,612 3,899 07M25 07M26 07M25 07M26 07M25 07M26 07M25 07M26
Slide 8: Competition (Retail – July)
Competition (Retail – July) 25 Year End/ July 2025/ YTD July YTD July RETAIL MARKET 2024 2025 July 26 July 2026 2025 2026 ∆ ∆ PASSENGER CAR % RENAULT 15.5 14.5 13.3 16.7 2.3 3.4 DOĞUŞ OTOMOTİV 16.5 16.9 15.8 16.3 -0.5 0.5 STELLANTIS 14.7 14.6 14.4 13.5 -1.1 -0.9 TOYOTA 9.4 7.1 7.4 7.8 0.7 0.4 HYUNDA
Slide 9: Jan – June 2026 Doğuş Otomotiv Main Segment Sales
Jan – June 2026 Doğuş Otomotiv Main Segment Sales -8% Retail Market -10% 622,383 571,323 488,003 440,234 -12% -1% -4% -12% 119,376 117,945 56,634 49,882 85,596 82,228 15,004 13,144 Total Market PV Premium LCV EV HCV June 2025 June 2026 -10% DOAS -10% 89,790 80,838 78,081 70,580 -22% -12% -43% -12% 1
Slide 10: Competition (Retail – June)
Competition (Retail – June) RETAIL MARKET 2024 2025 YTD June 2025 YTD June 2026 25 Year End/June 26 Δ June 2025/2026 Δ VW PC ranked 2nd in the PASSENGER CAR % cumulative passenger vehicle market with 8.2% RENAULT DOĞUŞ OTOMOTİV 15.5 16.5 14.5 16.9 13.4 16.0 17.1 16.0 2.6 -0.8 3.8 0.0 market share. S
Slide 11: Jan – June 2026 Brand Based Sales Performance (Wholesale)
Jan – June 2026 Doğuş Otomotiv Brand Based Sales Performance (Wholesale) WHOLESALE UNITS 06M25 06M26 Δ DOAS TOTAL 93,293 88,981 -5% VW PC Škoda VW LCV Audi CUPRA +9% -2% -3% -21% -33% 36,995 40,422 21,069 20,548 10,952 10,618 11,821 9,317 5,616 3,774 06M25 06M26 06M25 06M26 06M25 06M26 06M25 06M26 0
Slide 12: Financial Performance
FINANCIAL PERFORMANCE Analyst Briefing Presentation | 2Q 2026 Audi | A6
Slide 13: Financial Performance (mio TRY)
Financial Performance (mio TRY) Revenue1 EBITDA1 Net Profit1 -18% -35% -35% 255,781 14,865 3,596 3,078 10,633 138,327 6,862 2,337 113,144 2025 2Q 2025 2Q 2026 2025 2Q 2025 2Q 2026 2025 2Q 2025 2Q 2026 CapEx1,2 Total Assets Working Capital3 4,652 -18% 0% +1% 62,496 63,174 153,523 153,337 2,159 1,771
Slide 14: Margins (%)
Margins (%)1 Gross Profit Margin Net OpEx/Sales EBITDA Margin 8.0% 8.1% 12.5% 13.2% 12.4% 6.9% 7.7% 5.8% 6.1% 2025 2Q 2025 2Q 2026 2025 2Q 2025 2Q 2026 2025 2Q 2025 2Q 2026 EBIT Margin Net Profit Margin Wholesale Sales Volume2 162,818 2.6% 6.3% 2.1% 4.5% 4.3% 1.2% 72,224 68,433 2025 2Q 2025 2Q 2026
Slide 15: Income Statement (Y/Y Comparison)
Income Statement (Y/Y Comparison) TRY’000 30.06.2026 30.06.2025 Δ Impacts on revenue and Wholesale Sales Volume (excl. Skoda, incl. Scania) 68,433 72,224 -5% direct cost of revenue: Revenue 113,143,951 138,326,836 -18% Cost of Sales -99,080,891 -120,042,219 -17% ✓ Yearly increase of 14% EUR/TL rate
Slide 16: Income/Loss from Associates
Income/Loss from Associates Associates TRY’000 30.06.2026 30.06.2025 Δ VDF Servis 577,178 424,869 36% TÜVTÜRK N&S (Consolidated) 562,112 435,384 29% Doğuş Teknoloji -6,459 93,251 -107% Doğuş Sigorta -28,203 -9,353 202% Yüce Auto (Škoda) -37,186 -24,110 54% Total 1,067,442 920,041 16% Analyst Briefin
Slide 17: Balance Sheet
Balance Sheet TRY’000 30.06.2026 31.12.2025 Δ Number of Vehicles ASSETS 153,337,021 153,522,576 0% +62% Cash and cash equivalents 1,512,478 6,542,448 -77% 30,118 Trade receivables 16,696,653 20,471,819 -18% 18,623 Inventories 44,964,468 35,481,893 27% Financial Investments 3,777,774 3,779,281 0% Inv
Slide 18: Financing Costs
Financing Costs TRY’000 30.06.2026 30.06.2025 Δ Financing Cost, net 2,527,716 4,329,797 -42% Financial Expenses 5,304,828 6,195,424 -14% Interest Expense on Borrowings 3,892,423 3,064,867 27% Foreign Exchange Losses on Borrowings 935,125 2,702,350 -65% Commission Expenses on Letters of Guarantee 192
Slide 19: Financial Performance: Working Capital and Efficiency Ratios
Financial Performance Breakdown of Efficiency Ratios1 83 Working Capital (mio TRY) 55 49 2Q 2026: 63,174 25 27 31 2025: 62,496 Receivables Turnover Inventory Turnover Payables Turnover Days Days Days 31.12.2025 30.06.2026 1 2025 data is presented based on the purchasing power of the period of 31.12.
Slide 20: Financial Performance: CapEx, ROA, ROE
Financial Performance -1.4% BP -18% -0.8% BP 2,159 4.5% 1,771 3.1% 2.3% 1.5% CapEx (mio TRY) 1 ROA ROE 30.06.2025 30.06.2026 31.12.2025 30.06.2026 31.12.2025 30.06.2026 CapEx decreased by CapEx/Total Assets 18% 2Q 2026: 1.2% 2025: 1.4% YoY. -0.2% BP 1 Cash outflow by acquisition of property, plant a
Slide 21: 2026 Expectations
2026 EXPECTATIONS Analyst Briefing Presentation | 2Q 2026 Cupra | Formentor
Slide 22: 2026 Expectations
2026 Expectations OEM Strategy: Ensuring Sustainable Competitiveness of Represented Brands Expenditures for head office, logistics, spare parts, training areas and subsidiaries: Total Automotive Market 1,200,000+ (PC+LCV+HCV) units ✓ Renewable Energy Investments, ✓ Machinery and Equipment Investment
Slide 23: Thank You - Q & A
THANK YOU - Q & A Analyst Briefing Presentation | 2Q 2026 Scania | 500g
Slide 24: Disclaimer
Disclaimer Doğuş Otomotiv Servis ve Ticaret A.Ş. (the “DOAS”) has prepared this presentation documents (the “Document”) consisting of documents and appendixes thereto for the sole purposes of providing information and projections and statements relating to the DOAS (the “Information”). DOAS cannot g
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