Coca-Cola Içecek Sees Revenue Surge Amid Market Volatility
Coca-Cola Içecek Anonim Sirketi, listed on the OTCMKTS under COLZF, has published their Q2 earnings call presentation for 2026. The Turkish beverage company saw a revenue increase of 12% year-over-year to 3.45 billion TRY (approximately $234 million USD), driven by strong sales growth in key markets.
The gross margin expanded by 80 basis points to 22.1%, thanks to effective cost management and pricing initiatives. However, the operating expenses rose by 15% to 2.33 billion TRY ($159 million USD), mainly due to increased marketing and distribution costs. Net income reached 1.13 billion TRY ($77 million USD), a 10% increase from the same period last year.
The company's management highlighted the resilience of their business model, despite ongoing market volatility and supply chain challenges. They also emphasized the importance of innovation and digital transformation in driving future growth.