{"id":63254,"date":"2025-11-19T12:20:18","date_gmt":"2025-11-19T12:20:18","guid":{"rendered":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/2025\/11\/19\/ford-otomotiv-froto-2025-3-ceyrek-bilanco-yorumu\/"},"modified":"2025-11-19T12:20:18","modified_gmt":"2025-11-19T12:20:18","slug":"ford-otomotiv-froto-2025-3-ceyrek-bilanco-yorumu","status":"publish","type":"post","link":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/2025\/11\/19\/ford-otomotiv-froto-2025-3-ceyrek-bilanco-yorumu\/","title":{"rendered":"Ford Otomotiv (FROTO) 2025 3. \u00e7eyrek bilan\u00e7o yorumu"},"content":{"rendered":"

Ford Otomotiv Sanayi A.\u015e. (FROTO) 2025 y\u0131l\u0131 3. \u00e7eyrek finansal sonu\u00e7lar\u0131 kamuya a\u00e7\u0131kland\u0131. Bilan\u00e7o sonras\u0131 \u015eirketin finansal tablolar\u0131 i\u00e7in de\u011ferlendirme, Marba\u015f Menkul De\u011ferler A.\u015e.\u2019den geldi. Kurum de\u011ferlendirmesinde \u015fu ifadeleri kulland\u0131;<\/p>\n

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Ford Otomotiv Sanayi A.\u015e. hisse haberleri \u2013 FROTO hisse yorumu<\/h2>\n

Marba\u015f Menkul de\u011ferlendirmesi \u015fu \u015fekilde; \u201cSekt\u00f6r\u00fcn defansif oyuncusu\u2026<\/em><\/strong> FROTO 2025 3. \u00e7eyrekte 189.58mlr TL has\u0131lat, 11,73 mlr TL FAV\u00d6K, 8,4mlr TL net kar ile beklentilerimizin hafif \u00fczerinde sonu\u00e7lar a\u00e7\u0131klad\u0131\u011f\u0131n\u0131 g\u00f6rmekteyiz.
Sat\u0131\u015flar 3Q25\u2019de \u00e7eyreksel olarak bakt\u0131\u011f\u0131m\u0131zda<\/em> %0.4 art\u0131\u015fla yatay seyrini korudu\u011funu g\u00f6rmekteyiz. \u0130hracat taraf\u0131nda %0.1 ile yatay g\u00f6r\u00fcn\u00fcm izlerken i\u00e7 tarafta ise zorlu ko\u015fullar\u0131n getirmi\u015f oldu\u011fu rekabetten kaynakl\u0131 y\u00fcr\u00fct\u00fclen agresif sat\u0131\u015f politikas\u0131n\u0131n etkisiyle %1.1 daralma g\u00f6sterdi\u011fini g\u00f6rmekteyiz. Adetsel sat\u0131\u015flarda ise 3Q25\u2019de toplam sat\u0131\u015flar %5 art\u0131\u015f g\u00f6stererek 168.998 adet olurken yurt i\u00e7i sat\u0131\u015flarda , yurtd\u0131\u015f\u0131 operasyonlarda ise %3 b\u00fcy\u00fcme g\u00f6rmekteyiz. Y\u0131l\u0131n ilk dokuz ay\u0131na k\u00fcm\u00fcle olarak bakt\u0131\u011f\u0131m\u0131zda ise sat\u0131\u015f adetlerinde ge\u00e7ti\u011fimiz y\u0131l\u0131n ayn\u0131 d\u00f6nemine g\u00f6re art\u0131\u015f ile 526.356 adede ula\u015ft\u0131\u011f\u0131n\u0131 g\u00f6rmekteyiz. Bu d\u00f6nemde yurti\u00e7i sat\u0131\u015flar %7 art\u0131\u015f g\u00f6sterirken yurtd\u0131\u015f\u0131 sat\u0131\u015flar ise .8 art\u0131\u015f g\u00f6sterdi\u011fini g\u00f6rmekteyiz. Sekt\u00f6r\u00fcn geneline bakt\u0131\u011f\u0131m\u0131zda ise y\u0131l\u0131n ilk dokuz ay\u0131nda T\u00fcrkiye otomotiv pazar\u0131 artan fiyat rekabetinin getirmi\u015f oldu\u011fu agresif sat\u0131\u015f kampanyalar\u0131, makro belirsizlikler ve \u00d6TV art\u0131\u015f\u0131 \u00f6ncesi \u00f6ne \u00e7ekilen talep etkisiyle %9 b\u00fcy\u00fcd\u00fc\u011f\u00fcn\u00fc g\u00f6rmekteyiz. Segment bazl\u0131 bakt\u0131\u011f\u0131m\u0131zda ise binek ara\u00e7 , hafif ticari %4.2, orta ticari %7.9 art\u0131\u015f g\u00f6sterirken kamyon sat\u0131\u015flar\u0131nda %9.1 daralma g\u00f6rmekteyiz. Avrupa binek ara\u00e7 pazar\u0131nda ise %1 ile s\u0131n\u0131rl\u0131 b\u00fcy\u00fcme g\u00f6r\u00fcrken ticari ara\u00e7 pazar\u0131nda ise %9 daralma g\u00f6rmekteyiz. FROTO \u00f6zelinde \u015firketin ara\u00e7 portf\u00f6y\u00fc ve g\u00fc\u00e7l\u00fc sat\u0131\u015f rakamlar\u0131 sayesinde 2.4pt art\u0131\u015f ile Avrupa ticari ara\u00e7 pazar\u0131nda .7\u2019lik Pazar pay\u0131 ile liderli\u011fini korumas\u0131n\u0131 pozitif de\u011ferlendirmekteyiz. Yurti\u00e7inde ise toplam Pazar pay\u0131 %8 olarak ger\u00e7ekle\u015firken 0.5pt\u2019l\u0131k daralma meydana geldi\u011fini g\u00f6rmekteyiz.
Karl\u0131l\u0131\u011fa bakt\u0131\u011f\u0131m\u0131zda<\/em> ise \u00e7eyreksel anlamda br\u00fct kar ve net kar marj\u0131nda toparlanma izlerken FAV\u00d6K marj\u0131nda geri \u00e7ekilme g\u00f6rmekteyiz. Br\u00fct kar marj\u0131ndaki daralman\u0131n sebeplerine bakt\u0131\u011f\u0131m\u0131zda ihracat\u0131n pay\u0131n\u0131n artmas\u0131, yo\u011fun rekabet ortam\u0131n\u0131n getirmi\u015f oldu\u011fu fiyatland\u0131rma y\u00f6nl\u00fc sorunlar, kur kaynakl\u0131 maliyet art\u0131\u015flar\u0131 ve \u00fcretimde elektrikli ara\u00e7 pay\u0131n\u0131n artmas\u0131 etkili olurken faaliyet kar\u0131nda ise esas faaliyetlerden di\u011fer gelirlerdeki art\u0131\u015f (kur fark\u0131 kaynakl\u0131) br\u00fct kardaki azal\u0131\u015fa ra\u011fmen karl\u0131l\u0131\u011f\u0131 n\u00f6trledi\u011fini g\u00f6rmekteyiz. Net Kar 3Q25\u2019da hem beklentinin hafif \u00fczerinde gelmesi hem de marj y\u00f6nl\u00fc toparlanman\u0131n sebeplerine bakt\u0131\u011f\u0131m\u0131zda ise yukar\u0131dakilere ek olarak 3Q25\u2019de kur fark\u0131 giderlerindeki d\u00fc\u015f\u00fc\u015ften kaynakland\u0131\u011f\u0131n\u0131 izlemekteyiz. 3Q25 itibariyle ara\u00e7 ba\u015f\u0131na vergi \u00f6ncesi kar 1.073\u20ac (\u00f6nceki 1.506\u20ac) olarak ger\u00e7ekle\u015fti\u011fini g\u00f6rmekteyiz.
Bor\u00e7 yap\u0131s\u0131nda<\/em> ise \u00e7eyreksel anlamda maj\u00f6r bir de\u011fi\u015fim g\u00f6rmezken finansal borcun %4 azald\u0131\u011f\u0131n\u0131 g\u00f6rmekteyiz. 2024 sonu itibariyle net bor\u00e7 127.2mlr TL seviyesinde ger\u00e7ekle\u015firken zorlu sekt\u00f6rel ko\u015fullar\u0131n oldu\u011fu ortamda net i\u015fletme sermayesi iyile\u015fmesine ek olarak yat\u0131r\u0131m harcamalar\u0131nda da temkinli yakla\u015f\u0131m izlenilmesi sonucu 3Q25 itibariyle y\u0131lba\u015f\u0131ndan bu yana net borcun # azald\u0131\u011f\u0131n\u0131 g\u00f6rmekteyiz. FROTO 2.05x NetBor\u00e7\/FAVOK \u00e7arpanlar\u0131yla i\u015flem g\u00f6rmektedir.
Genel olarak bakt\u0131\u011f\u0131m\u0131zda<\/em> beklentilerin hafif \u00fczerinde gelen sonu\u00e7lar\u0131 POZ\u0130T\u0130F de\u011ferlendirmekteyiz. Sekt\u00f6rel zorluklara ve \u00f6zellikle Avrupa\u2019da otomotiv sekt\u00f6r\u00fcn\u00fcn zay\u0131f gitti\u011fi ko\u015fullar\u0131n devam\u0131n\u0131 izlerken \u015firketin sekt\u00f6re g\u00f6re g\u00fc\u00e7l\u00fc duru\u015fu, \u00f6nemli bir oyuncu olmas\u0131 gibi fakt\u00f6rler \u0131\u015f\u0131\u011f\u0131nda defansif konumunun devam etti\u011fini d\u00fc\u015f\u00fcnmekteyiz. Beklentilerde revizyonlara bakt\u0131\u011f\u0131m\u0131zda i\u00e7 pazar\u0131n beklenti \u00fczeri duru\u015f sergilemesine paralel olarak perakende yurti\u00e7i sat\u0131\u015f hacminde yukar\u0131 revizyon g\u00f6r\u00fcrken, Avrupa\u2019da sekt\u00f6rel
zorluklar\u0131n devam\u0131n\u0131 takiben T\u00fcrkiye \u00fcretim ve ihracat hacmi beklentisinde a\u015fa\u011f\u0131 y\u00f6nl\u00fc revizyon g\u00f6rmekteyiz. Yat\u0131r\u0131m harcamalar\u0131nda da ger\u00e7ekle\u015fme ve takvimde kaymalar nedeniyle a\u015fa\u011f\u0131 y\u00f6nl\u00fc revizyon g\u00f6rmekteyiz.\u201d<\/p>\n

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Y\u00fczde 100 bedelli ve y\u00fczde 150 oran\u0131nda bedelsiz sermaye art\u0131r\u0131m\u0131 i\u00e7in tarih a\u00e7\u0131kland\u0131<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n

Bizi WhatsApp Kanal\u0131m\u0131z \u00fczerinden de takip edebilirsiniz. WhatsApp kanal\u0131 linki:\u00a0https:\/\/whatsapp.com\/channel\/0029Vb6J7JQ6GcG8uLrIR81x<\/mark><\/mark><\/a>
Bizi Telegram \u00dczerinden de takip edebilirsiniz. Telegram kanal\u0131 linki:\u00a0https:\/\/t.me\/rotaborsa_halkaarz<\/mark><\/mark><\/a><\/p>\n

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Marba\u015f Menkul yasal uyar\u0131s\u0131:<\/strong> Burada yer alan bilgiler Marba\u015f Menkul De\u011ferler taraf\u0131ndan bilgilendirme amac\u0131yla haz\u0131rlanm\u0131\u015ft\u0131r. Yat\u0131r\u0131m sinyal,bilgi, yorum ve tavsiyeleri yat\u0131r\u0131m dan\u0131\u015fmanl\u0131\u011f\u0131 kapsam\u0131nda de\u011fildir. Yat\u0131r\u0131m dan\u0131\u015fmanl\u0131\u011f\u0131 hizmeti; arac\u0131 kurumlar, portf\u00f6y y\u00f6netim \u015firketleri, mevduat kabul etmeyen bankalar ile m\u00fc\u015fteri aras\u0131nda imzalanacak yat\u0131r\u0131m dan\u0131\u015fmanl\u0131\u011f\u0131 s\u00f6zle\u015fmesi \u00e7er\u00e7evesinde sunulmaktad\u0131r. Burada yer alan sinyal, yorum ve tavsiyeler, herhangi bir yat\u0131r\u0131m arac\u0131n\u0131n al\u0131m sat\u0131m \u00f6nerisi ya da getiri vaadi olarak yorumlanmamal\u0131d\u0131r. Bu g\u00f6r\u00fc\u015fler mali durumunuz ile risk ve getiri tercihlerinize uygun olmayabilir ve sadece burada yer alan bilgilere ve sinyallere dayanarak yat\u0131r\u0131m karar\u0131 verilmesi beklentilerinize uygun sonu\u00e7lar do\u011furmayabilir. Burada yer alan sinyaller, fiyatlar, veriler ve bilgilerin tam ve do\u011fru oldu\u011fu garanti edilemez; i\u00e7erik, haber verilmeksizin de\u011fi\u015ftirilebilir. T\u00fcm sinyal ve veriler, Marba\u015f Menkul De\u011ferler taraf\u0131ndan g\u00fcvenilir oldu\u011funa inan\u0131lan kaynaklardan al\u0131nm\u0131\u015ft\u0131r. Bu sinyal ve kaynaklar\u0131n kullan\u0131lmas\u0131 nedeni ile ortaya \u00e7\u0131kabilecek hatalardan ve zararlardan Marba\u015f Menkul De\u011ferler sorumlu de\u011fildir.<\/em>
Rota Borsa yasal uyar\u0131s\u0131:<\/strong> Burada yer alan yat\u0131r\u0131m bilgi, yorum ve tavsiyeleri yat\u0131r\u0131m dan\u0131\u015fmanl\u0131\u011f\u0131 kapsam\u0131nda de\u011fildir. Yat\u0131r\u0131m dan\u0131\u015fmanl\u0131\u011f\u0131 hizmeti, arac\u0131 kurumlar, portf\u00f6y y\u00f6netim \u015firketleri, mevduat kabul etmeyen bankalar ile m\u00fc\u015fteri aras\u0131nda imzalanacak yat\u0131r\u0131m dan\u0131\u015fmanl\u0131\u011f\u0131 s\u00f6zle\u015fmesi \u00e7er\u00e7evesinde sunulmaktad\u0131r. Burada yer alan yorum ve tavsiyeler, yorum ve tavsiyede bulunanlar\u0131n ki\u015fisel g\u00f6r\u00fc\u015flerine dayanmaktad\u0131r. Bu g\u00f6r\u00fc\u015fler, mali durumunuz ile risk ve getiri tercihlerinize uygun olmayabilir. Bu nedenle sadece burada yer alan bilgilere dayan\u0131larak yat\u0131r\u0131m karar\u0131 verilmesi beklentilerinize uygun sonu\u00e7lar do\u011furmayabilir.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Ford Otomotiv Sanayi A.\u015e. (FROTO) 2025 y\u0131l\u0131 3. \u00e7eyrek finansal sonu\u00e7lar\u0131 kamuya a\u00e7\u0131kland\u0131. Bilan\u00e7o sonras\u0131 \u015eirketin finansal tablolar\u0131 i\u00e7in de\u011ferlendirme, Marba\u015f Menkul De\u011ferler A.\u015e.\u2019den geldi. Kurum de\u011ferlendirmesinde \u015fu ifadeleri kulland\u0131; Ford Otomotiv Sanayi A.\u015e. hisse haberleri \u2013 FROTO hisse yorumu Marba\u015f Menkul de\u011ferlendirmesi \u015fu \u015fekilde; \u201cSekt\u00f6r\u00fcn defansif oyuncusu\u2026 FROTO 2025 3. \u00e7eyrekte 189.58mlr TL has\u0131lat, […]<\/p>\n","protected":false},"author":1,"featured_media":63255,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-63254","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bilanco-haberleri"],"_links":{"self":[{"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/posts\/63254","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/comments?post=63254"}],"version-history":[{"count":0,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/posts\/63254\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/media\/63255"}],"wp:attachment":[{"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/media?parent=63254"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/categories?post=63254"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/tags?post=63254"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}