Sabancı Holding Plans Exit from CarrefourSA and Teknosa

In a recent analyst meeting held on October 4th, Sabancı Holding assessed its subsidiaries based on return on equity (ROE) and net profit margins. According to reports by Reuters, the holding company is considering exiting some of its ventures immediately while contemplating restructuring others before potential withdrawal. This news has sparked discussions around the strategic realignment within the conglomerate’s vast portfolio.

Strategic Realignment and Financial Performance

The food retail sector appears to be a primary area for Sabancı Holding to reconsider its investment, with specific attention on CarrefourSA and Teknosa. CarrefourSA has notably underperformed in terms of ROE compared to other subsidiaries within the group, marking it as a potential candidate for divestment. On the other hand, Teknosa faces uncertainty if it fails to successfully transition into a digital marketplace model. The stock market reacted to these developments with CarrefourSA shares rising about 9%, while Teknosa experienced a slight decline.

Expert Analysis and Strategic Direction

Deniz Yatırım’s analysis of the meeting highlighted that Sabancı Holding is reviewing current operations with an aim to focus on ventures promising higher ROE. The strategy involves divesting from operations that place pressure on consolidated profitability. Initial moves might include exiting CarrefourSA and Teknosa, aligning with a strategy to concentrate on markets and sectors characterized by lower foreign currency exposure and regulatory challenges.

The financial metrics reported show a varied performance across Sabancı Holding’s publicly listed subsidiaries: Akbank leads with an ROE of 20.1%, while CarrefourSA struggles at -311.6% and Teknosa at -104.9%. This disparity underscores the need for strategic realignment to ensure sustainable profitability.

Investment in Growth and Technology

The conglomerate continues its investment in energy and climate technologies, with Enerjisa Üretim poised for an initial public offering contingent on market conditions. The focus remains on sectors like banking, financial services, and energy as core operational domains.

Deniz Yatırım’s report outlines a growth strategy centered around returns: prioritizing investments in aligned sectors or geographies, exploring new high-potential business areas (including minority partnership opportunities), assessing distressed asset opportunities, and targeting scalable companies with higher valuation multiples. The overarching goal is to enhance investment returns across the portfolio.

Diverse News Coverage

In other news covered by Haber Aktüel, a variety of incidents ranging from local criminal activities to unfortunate accidents were reported. These include the recovery of Alzheimer’s patient Güleser Kaya in Foça after she went missing, and an accident in Yozgat where a car slid into a riverbed injuring its driver.

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原始文章来源：https://www.haberaktuel.com/sabanci-nin-carrefoursa-ve-teknosa-dan-cikis-planlari-gundemde-3347926{:target=“_blank”}