Fundamental analysis

Retailer Mercator rebounds from loss on slightly higher sales

Ljubljana – Mercator, Slovenia’s largest retailer, recovered from last year’s deep loss as it posted a net profit of EUR 12.6 million for the first nine months of the year. Sales revenue was up by almost a percent to EUR 1.63 billion, shows the group’s earnings report released on Thursday.

MYTILINEOS – Big profit increase in 2021

62.4% increase in earnings per share on an adjusted basis for extraordinary and non-recurring events, compared to the Nine Months of 2020, or 18% on a non-adjusted basis, with net profit after minority interests amounting to € 115 million, was shown by MYTILINEOS in the 9 months of 2021, according to a relevant announcement.

Loulis Mills – Increase in sales in the first half – How prices of raw materials affected profits

Sales of 60.97 million euros, with an increase of 11.83% showed Loulis Mills at group level in the first half of this year compared to the first half of 2021, while at company level sales amounted to 54.25 million euros with an increase of 13%. Cost of sales increased by 17.63% for the group and by 19.09% for the company.

Aselsan continues profitable growth

Aselsan's turnover in the first six months of the year increased by 33 percent compared to the same period of the previous year and reached 7 billion Turkish Liras ($809.5 million), according to a company statement.

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Turkey's top defense company posted net profit growth of 37 percent year on year to reach 2.5 billion liras ($289.1 million).

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