Bizim Toptan (BIZIM TI) - Better results on strict cost control: Maintain Buy
Bizim Toptan posted TRY11m net income in 3Q19 vs our and RT consensus estimates of TRY9m. Better-than-expected operating performance, particularly lower opex was the main driver of the bottom-line beat in 3Q19. After BIZIM’s upbeat operating performance in 3Q19, we maintain BUY
TEB Investment equity research analysts and strategist team consists of 8 analysts with an average finance sector experience of 15 years and special focus on international investors.
With our 6 equity research analysts we cover 93 companies across 21 sectors, reflecting 80% of the total market capitalization of all BIST companies and 86% of the BIST100 companies. Our strategy team provides in depth top-down and bottom-up market views with insight on FX and bond markets by publishing sectoral and strategic reports both in English and Turkish.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.