Bim Birlesik Magazalar A.s. · BIST:BIMAS

Bim Birlesik Magazalar A.s — Q1 2026 Earnings Presentation

26 slides from Bim Birlesik Magazalar A.s's earnings presentation, 2026

  1. Slide 1: 1Q26 Financial Results

    BIM. 1Q126 FINANCIAL RESULTS

  2. Slide 2: Notice

    NOTICE The information contained in this document has not been independently verified. No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained herein. Neither t

  3. Slide 3: Agenda

    P R E S E N T A T I O N Highlights Operational Financial Performance Performance R E S U L T S 1 Q 2 6 B I M Q &A APPDX

  4. Slide 4: Headlines of Key Figures for 1Q26

    HEADLINES of KEY FIGURES for 1Q26 (with TAS 29 inflation accounting on financials) Highlights 213 billion TL 29.1 billion TL SALES (+10% YoY) NET CASH (including STFA) P R E S E N T A T I O N 5.7 billion TL 14,576 Total stores CAPEX (2.7% of sales) (103 new stores in 1Q26) R E S U L T S 10.1 billion

  5. Slide 5: Operational Performance

    P R E S E N T A T I O N Highlights Operational Financial Performance Performance R E S U L T S 1 Q 2 6 B I M Q &A APPDX

  6. Slide 6: Like for Like Sales Increase (BIM Turkiye)

    LIKE FOR LIKE SALES INCREASE (BIM TURKIYE*) Operational Performance QUARTERLY (w/o TAS 29) 1Q 2025 1Q 2026 CHANGE Like-For-Like Sales (per store/per day (TL) 115,179 154,945 34.5% Like-For-Like Basket 35.6% P R E S E N T A T I O N (TL/per visit) 222.67 301.85 Like-For-Like Customer Traffic (per stor

  7. Slide 7: Revenue Breakdown

    REVENUE BREAKDOWN Operational Performance BY FORMAT AND GEOGRAPHY* BY CATEGORY BİM Türkiye 1Q26 1Q26 P R E S E N T A T I O N 11% 35% 10% 34% 1Q25 1Q25 R E S U L T S 83% 85% 4% 56% 57% 5% 1% 1 Q 2 6 1% 8% B I M 1% 8% 1% BİM TR FİLE BİM MAROC BİM EGYPT Private Label Branded Spot Exclusive *Without TAS

  8. Slide 8: Expansion

    EXPANSION Operational Performance QUARTERLY 445 453 432 436 425 933 957 869 898 828 344 352 P R E S E N T A T I O N 312 329 295 12.568 12.751 12.814 12.261 12.462 R E S U L T S 1 Q 2 6 1Q25 2Q25 3Q25 4Q25 1Q26 B I M TOTAL 13,809 14,075 14,231 14,473 14,576 Openings (q-q) 226 266 156 242 103 • Store

  9. Slide 9: Capex

    CAPEX Operational Performance QUARTERLY (w/o TAS 29 inflation accounting) QUARTERLY (with TAS 29 inflation accounting) 3,2% 3,4% 3,1% 3,1% P R E S E N T A T I O N 2,7% 2,2% 2,7% R E S U L T S 5.102 5.452 5.580 6.014 5.727 4.630 4.028 1 Q 2 6 B I M 1Q25 2Q25 3Q25 4Q25 1Q26 1Q25 1Q26 Capex Capex to sa

  10. Slide 10: Financial Performance

    P R E S E N T A T I O N Highlights Operational Financial Performance Performance R E S U L T S 1 Q 2 6 B I M Q &A APPDX

  11. Slide 11: Net Sales

    NET SALES Financial Performance QUARTERLY (w/o TAS 29 inflation accounting) QUARTERLY (with TAS 29 inflation accounting) 44% y-y 10% y-y P R E S E N T A T I O N 208.331 R E S U L T S 183.656 212.862 176.034 193.318 144.412 151.610 1 Q 2 6 B I M 1Q25 2Q25 3Q25 4Q25 1Q26 1Q25 1Q26 Revenues (TRY m) Rev

  12. Slide 12: Gross Profit

    GROSS PROFIT Financial Performance QUARTERLY (w/o TAS 29 inflation accounting) QUARTERLY (with TAS 29 inflation accounting) 18,9% 21,7% 22,0% 17,5% P R E S E N T A T I O N 20,7% 21,3% 20,3% R E S U L T S 45.749 40.308 37.557 33.840 32.879 37.317 29.930 1 Q 2 6 B I M 1Q25 2Q25 3Q25 4Q25 1Q26 1Q25 1Q2

  13. Slide 13: Operating Leverage

    OPERATING LEVERAGE Financial Performance QUARTERLY (w/o TAS 29 inflation accounting) QUARTERLY (with TAS 29 inflation accounting) 18,1% 16,5% 17,6% P R E S E N T A T I O N 16,1% 16,1% 14,8% 13,9% R E S U L T S 33.576 35.017 37.485 23.258 25.062 26.125 25.569 1 Q 2 6 B I M 1Q25 2Q25 3Q25 4Q25 1Q26 1Q

  14. Slide 14: Opex Management Quarterly

    OPEX MANAGEMENT QUARTERLY * 20,00% Financial Performance 19,00% 18,11% +18bp +5bp -11bp -1bp 0bp +16bp 18,00% -77bp 17,61% 17,00% P R E S E N T A T I O N 16,00% R E S U L T S 15,00% 14,00% 1 Q 2 6 1Q25 OPEX Personnel Utility Packaging Vehicles fuel Advertising D&A Other 1Q26 OPEX B I M expenses Expe

  15. Slide 15: EBITDA

    EBITDA Financial Performance QUARTERLY (w/o TAS 29 inflation accounting) QUARTERLY (with TAS 29 inflation accounting) 4,8% 8,6% 8,0% 7,3% 7,8% P R E S E N T A T I O N 6,7% 3,6% R E S U L T S 16.164 10.112 15.130 14.657 11.049 6.913 9.746 1 Q 2 6 B I M 1Q25 2Q25 3Q25 4Q25 1Q26 1Q25 1Q26 EBITDA (TRY m

  16. Slide 16: Net Income

    NET INCOME Financial Performance QUARTERLY (w/o TAS 29 inflation accounting) QUARTERLY (with TAS 29 inflation accounting) 5,7% 3,0% P R E S E N T A T I O N 4,6% 4,0% 4,4% 3,2% 1,8% R E S U L T S 10.484 9.094 6.461 8.041 6.052 4.659 3.540 1 Q 2 6 B I M 1Q25 2Q25 3Q25 4Q25 1Q26 1Q25 1Q26 Net Income (T

  17. Slide 17: Quarterly Cash Flow Bridge

    QUARTERLY CASH FLOW BRIDGE* Financial Performance 3.517 5.580 Total 1.336 29,958 3.463 19.997 P R E S E N T A T I O N Total 24,978 STFA 14,152 R E S U L T S 10,691 STFA 1 Q 2 6 B I M 4,980 Cash 3,461 Cash Cash position Funds from Change in NWC CAPEX Lease Payment Other Cash position including ST ope

  18. Slide 18: FİLE

    FİLE Financial Performance P R E S E N T A T I O N R E S U L T S 352 352 stores in 34 31% share of Online sales FİLE online shopping 1 Q 2 6 Stores cities, 8 new stores in 1Q26. Private Labels within FİLE’s total form 5.1% of FİLE’s platform operates with 97 stores, three B I M sales. revenues. of w

  19. Slide 19: Foreign Operations

    FOREIGN OPERATIONS Financial Performance BİM MAROC MAROC P R E S E N T A T I O N TL 9.6 bn* TL 719 m* 6,932 957 4 logistic Sales EBITDA Employees Stores centers R E S U L T S BİM EGYPT 1 Q 2 6 B I M EGYPT TL 1.7 bn* TL 67 m* 2,463 453 2 logistics Sales EBITDA Employees Stores centers *Quarterly

  20. Slide 20: Q&A

    P R E S E N T A T I O N Highlights Operational Financial Performance Performance R E S U L T S 1 Q 2 6 B I M Q &A APPDX

  21. Slide 21: Appendix

    P R E S E N T A T I O N Highlights Operational Financial Performance Performance R E S U L T S 1 Q 2 6 B I M Q &A APPDX

  22. Slide 22: TFRS Income Statement (with TAS 29)

    TFRS INCOME STATEMENT (with TAS 29) APPDX 3 months ended 31 March Change % TL million 1Q 2025 1Q 2026 YoY Net Sales 193.318 212.862 10% COGS (159.478) (172.554) 8% Gross Profit 33.840 40.308 19% P R E S E N T A T I O N Total SG&A (35.017) (37.485) 7% EBIT (1.176) 2.824 n.a Net financial income/(expe

  23. Slide 23: TFRS Income Statement (w/o TAS 29)

    TFRS INCOME STATEMENT (w/o TAS 29) APPDX 3 months ended 31 March Change % TL million 1Q 2025 1Q 2026 YoY Net Sales 144.412 208.331 44% COGS (114.482) (162.582) 42% 29.930 45.749 53% P R E S E N T A T I O N Gross Profit Total SG&A (23.258) (33.576) 44% EBIT 6.672 12.173 82% Net financial income/(expe

  24. Slide 24: TFRS Income Statement (w/o TAS 29, w/o TFRS 16)

    TFRS INCOME STATEMENT (w/o TAS 29, w/o TFRS 16) APPDX 3 months ended 31 March Change % TL million 1Q 2025 1Q 2026 YoY Net Sales 144.412 208.331 44% COGS (114.482) (162.582) 42% P R E S E N T A T I O N Gross Profit 29.930 45.749 53% Total SG&A (24.235) (35.086) 45% EBIT 5.695 10.664 87% Net financial

  25. Slide 25: TFRS Balance Sheet (with TAS 29)

    TFRS BALANCE SHEET (with TAS 29) As of TL Million APPDX 31 December 2025 31 March 2026 TOTAL CURRENT ASSETS 122.681 145.377 Cash & Cash Equivalents 3.808 4.980 Financial Investments 11.765 24.978 Trade Receivables 38.302 38.562 Prepayments 5.213 10.152 Inventories 59.914 62.819 Other Current Assets

  26. Slide 26: TFRS Cash Flow (with TAS 29)

    TFRS CASH FLOW (with TAS 29) APPDX 3 months ended 31 March TL million 1Q 2025 1Q 2026 Net Income 3.547 6.551 D&A 8.089 7.288 Non Cash Tax Expense 4.824 5.583 Other Non-Cash Items 3.836 2.231 P R E S E N T A T I O N Funds From Operations 20.295 21.654 Change In Net Working Capital 12.944 7.074 Tax &

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