Arcelik Cuts 2026 Outlook as Weak Demand and Competition Weigh on Earnings
Arcelik lowered its 2026 outlook after third-quarter revenue fell around 14% year on year to 139 billion lira, amid weakening demand, pricing pressures and intensifying international competition.
Arcelik's BIST:ARCLK revenue fell around 14% year-on-year to 139 billion lira in the third quarter as weakening demand, pricing pressures and intensifying international competition weighed on sales, prompting the Turkish home appliances maker to lower its 2026 outlook.Arcelik, one of the leading ex…