Migros Turk has announced its results for the second quarter (Q2) and first half (H1) 2014, ending 30 June 2014:
Sales performance
•    H1 sales increased 12.9% year-over-year (y-o-y) to TRL 3,738 million, compared to TRL 3,311 million in the same period of 2013.
•    Q2 sales increased 14.2 % y-o-y to TRL 1,965 million, compared to TRL 1,721 million in the same period of 2013.
Profits and margins
•    H1 gross margin reported of 26.6% compared to 26.5% in the same period of 2013.
•    H1 gross profit increased 13.4% to TRL 995 million.
Stores
•    At the end of the period, Migros Turk operated 1,079 stores. During the reporting period the retailer opened 82 new stores out of which 78 were supermarkets, 3 hypermarkets and 1 Ramstore