Besler Starts 2026 with Strong Financial Performance

Besler reached consolidated revenue of TRY 9.4 billion in the first quarter of 2026, while raising gross profit to TRY 2.5 billion. The company maintained its leadership in frozen food and margarine categories.

Besler, operating in frozen food, frozen bakery, canned goods and oils categories, disclosed its first quarter 2026 financial results to the Public Disclosure Platform (KAP). The company recorded growth in both revenue and profitability compared to the same period of the previous year.

Revenue and profitability increase
Besler's first quarter performance:

Consolidated revenue TRY 9.4 billion with 3.7% increase
Gross profit TRY 2.5 billion with 2.9% increase
EBITDA TRY 1.3 billion with 5.1% increase
EBITDA margin of 13.5%

were realized.

The company generated TRY 708 million in export revenue during the same period.

Strong category-based performance
In Besler's extensive brand portfolio;

SuperFresh (frozen food)
Bizim Yağ, Terem, Luna (oils category)
DFU (frozen bakery)
Ülker Sürmix (spreadable cheese)

are among the brands.

In the first quarter, the oils category generated TRY 6.1 billion, while frozen food and canned goods categories generated TRY 3.3 billion in revenue.

The company maintained its leadership with 34% market share in frozen food and 68.6% market share in margarine.

Innovative products support growth
Besler's flagship brand SuperFresh continued its growth with new products in the ready-to-eat food category. Products such as Pizza Artizan, Gurme Mantı and Lasagna stood out with the approach of offering consumers a "restaurant experience at home."

In the spreadable cheese category, Ülker Sürmix reached 400,000 households in the first quarter of the year, capturing 31% market share in the flavored segment.

2026 targets announced
Besler also shared its expectations for 2026:

Revenue growth: 3% (±1 percentage point)
EBITDA margin: 13.5% (±1 percentage point)

The company aims to support sustainable growth by strengthening its organizational power through the Yıldız Holding Food Group restructuring.

"We are focused on the future of the food ecosystem"
Mert Altınkılınç, in his assessment of the first quarter performance of the year, stated:

"We continue our growth with our strong brands, efficient production approach and innovative product portfolio. While strengthening our presence in both Turkey and global markets, we aim to shape the future of the food sector with a focus on sustainability and innovation."

Sustainability focus strengthens
Besler continues to expand its sustainability efforts alongside commercial performance. In this context, the "Circular Abundance" model implemented by SuperFresh stands out with objectives of efficiency in agricultural production, waste reduction and effective resource utilization.