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BIM A.S. (Turkiye)

Main Activities: Grocery and Related Product Merchant Wholesalers | Food and Beverage Stores | General Merchandise Stores
Full name: BIM Birlesik Magazalar Anonim Sirketi Profile Updated: September 10, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

BIM Birlesik Magazalar Anonim Sirketi, located in Istanbul, is a company that started its activities in 1995 with 21 stores. Today, it is the company with the highest market share in the organized retail sector in Turkey. The main principle of BIM is to deliver basic food and consumables to consumers with high quality and the most affordable price. BIM offers a product range of approximately 900 products, mostly of its own brands, through its retail stores operating throughout Turkey. In addition, BIM provides online shopping services for non-food products via the BIM MARKET mobile application. In 2022, BIM opened 4 new regional directorates/logistics centers and 919 new stores in Turkey, reaching a total of 10,370 stores in the country. BIM continues its growth with an effective cost management policy while prioritizing quality understanding and customer satisfaction. BIM launched its new retail model, FILE, in March 2015. FILE combines the concept of discount with the concept of a supermarket, offering a strong, fresh, high-quality, and wide variety of products. FILE operates with 202 stores and 3 logistics centers in 24 cities in Turkey. It also provides online shopping services through the FILE MARKET mobile application. Apart from Turkey, BIM also operates in Morocco and Egypt. In 2022, BIM opened 49 new stores in Morocco, reaching a total of 627 stores. In Egypt, it opened 11 stores in 2022, reaching 311 stores. As of the end of 2022, BIM has a total of 11,510 stores, including those in Morocco and Egypt. BIM contributes to the economy through its investments and employment. In 2022, it made an investment of 5.1 billion TL, mostly in the country. BIM also created approximately 10,000 new jobs in 2022 and employs approximately 80,000 people on a consolidated basis. The company maintains trust-based relationships with all its stakeholders, especially customers and suppliers, and provides impeccable service.

Headquarters
Ebubekir St. No: 73 Sancaktepe
Istanbul; Marmara; Postal Code: 34887

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Website: http://english.bim.com.tr/default.aspx

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
May 31, 1995
Key Executives
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Chairman
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Chief Executive Officer
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Chief Financial Officer
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Managing Director
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Director/Member of the Board
Ownership Details
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70.85%
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11.53%
Subsidiaries
Bim Stores Llc (Egypt)
100%
Gdp Gida Paketleme Sanayi Ve Ticaret A.S
100%
Ideal Standart Isletmecilik Ve Mumessillik San. Ve Tic. A.S
100%
Company Performance
Financial values in the chart are available after BIM A.S. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency TRY. Absolute financial data is included in the purchased report.
Net sales revenue
102.14%
Total operating revenue
102.25%
Operating profit (EBIT)
-45.31%
EBITDA
44.45%
Net Profit (Loss) for the Period
187.87%
Total assets
148.64%
Total equity
219.7%
Operating Profit Margin (ROS)
-3.05%
Net Profit Margin
1.12%
Return on Equity (ROE)
-0.51%
Debt to Equity Ratio
-23.19%
Quick Ratio
0.11%
Cash Ratio
0.02%

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