Oyak Cimento stock reports stronger Q2 margins

Published on 09/29/2026 at 19:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Oyak Cimento stock delivered TRY 15.6 billion in Q2 2026 revenue, while EBITDA rose 4.11 percent year over year. Net income reached TRY 2.1 billion.

Oyak Cimento, TRAOYCIM91D3, Illustration mit AI erstellt.

Oyak Cimento stock (ISIN TRAOYCIM91D3) is tied to a second-quarter operating picture in which EBITDA improved even as revenue and net income declined year over year. The company reported Q2 2026 revenue of TRY 15.6 billion and EBITDA of TRY 3.8 billion, giving investors a clear split between sales pressure and operating resilience.

Margins improve in Q2 2026

According to Rota Borsa, Oyak Cimento's Q2 2026 net sales fell 4.75 percent from the same quarter a year earlier to TRY 15.596 billion. EBITDA increased 4.11 percent to TRY 3.831 billion, and the EBITDA margin rose by 209 basis points to 24.6 percent.

The operating comparison is more constructive than the sales figure alone suggests. Cement sales volume increased 5 percent year over year and 44 percent quarter over quarter, while export volume grew 28 percent and represented 10 percent of total sales, according to Rota Borsa.

Profit falls despite operating gains

Net income reached TRY 2.084 billion in Q2 2026, down 38.38 percent from the prior-year quarter, while first-half net income totaled TRY 2.194 billion, down 54.08 percent year over year, according to Rota Borsa. The same review said Q2 revenue and EBITDA exceeded cited consensus figures of TRY 15.14 billion and TRY 3.56 billion, respectively.

A separate summary of the Q2 2026 release put the quarter-over-quarter revenue increase at 36 percent and EBITDA growth at 40 percent, with EBITDA reaching TRY 3.9 billion and net income TRY 2.1 billion, as reported by bi_ozet. The small difference in reported EBITDA reflects rounding between the two summaries.

Market value and trading range

Oyak Cimento had a market capitalization of TRY 101.1 billion on September 29, 2026. Its 52-week range was TRY 18.87 to TRY 28.56 on the same date, leaving a TRY 9.69 spread between the low and high and framing the stock's market context without converting the Istanbul quotation into euros.