Erdemir stock: Erdemir targets USD 61.60 million gain. Erdemir stock faces October 22 results

Published on 10/22/2026 at 03:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Erdemir projects covered more than 14,000 suggestions on October 13, 2026. Erdemir stock last stood at TRY 36.44 on October 20, 2026.

Efficiency target and earnings date

Operational projects produced USD 39.70 million in annual impact by October 13, 2026.
QNB Invest forecast third-quarter sales of TRY 68,438 million and net income of TRY 2,126 million on October 20, 2026.
Erdemir stock last stood at TRY 36.44 on Borsa Istanbul on October 20, 2026.

Erdemir, TRAEREGL91G3, Illustration mit AI erstellt.

Erdemir (ISIN TRAEREGL91G3) and its sister company Isdemir generated USD 39.70 million in annual financial impact from completed operational-efficiency projects by October 13, 2026, while ongoing work targets USD 61.60 million. Aksiyon reported the figures, which include savings from production improvements and employee suggestions.

Efficiency gains reach USD 39.70 million

The completed projects produced USD 36.00 million through production-process improvements and USD 3.70 million through employee suggestions and Kaizen work, according to Aksiyon. The report also said more than 14,000 suggestions and 742 continuous-improvement team projects had been completed. For investors, the key issue is whether these gains reach reported margins rather than remaining operational targets.

What does the earnings preview show?

The chronology points to a sharper third-quarter comparison. On August 6, 2026, the latest release listed revenue of TRY 64.88 billion and earnings per share of TRY 1.47, according to Investing.com. On October 13, 2026, the efficiency program reported USD 39.70 million in annual impact. On October 22, 2026, QNB Invest expected third-quarter sales of TRY 68,438 million, EBITDA of TRY 7,985 million and net income of TRY 2,126 million, compared with TRY 52,958 million, TRY 4,737 million and TRY 651 million a year earlier.

QNB Invest also rated the stock Neutral with a TRY 35.00 target in its October 20, 2026 preview. The same forecast put third-quarter EBITDA 69 percent above the prior-year period and net income 226 percent higher, while quarterly net income was expected to fall 75 percent from the second quarter because of the absence of a large deferred-tax benefit. QNB Invest identified high capacity utilization and resilient domestic demand as supports for the forecast.

Results date sets the next test

The next dated event is October 22, 2026, when Erdemir is scheduled to publish third-quarter results. The forecast gives investors a measurable benchmark: sales of TRY 68,438 million and EBITDA of TRY 7,985 million, with margins dependent on operating gains and the comparison with the second quarter.

Stock context in Turkey

Erdemir last stood at TRY 36.44 on Borsa Istanbul on October 20, 2026 at 4:33 p.m. TRT. Its 52-week range was TRY 23.46 to TRY 45.10, while market capitalization was TRY 254.24 billion on the quoted market page.