Arçelik Reports 6.2bn Lira Loss as 2026 Outlook Is Downgraded

Turkish appliance manufacturer Arçelik has reported a net loss of TRY 6.2 billion for the third quarter of 2026, alongside falling sales and lower profitability.

The Beko owner recorded revenue of TRY 139 billion for July to September, down 14% year on year from TRY 161.4 billion. Revenue was affected by weak demand, pricing pressure and challenging international market conditions.

Continue reading →