TAV Havalimanlari Holding A.S. (IST:TAVHL)

Revenue by Segment

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Terminal Operations	1.18B	1.23B	849.73M	851.25M	418.55M
Terminal Operations Growth	-3.40%	44.26%	-0.18%	103.38%	127.68%
Food and Drink	240.47M	203.04M	137.07M	112.80M	70.28M
Food and Drink Growth	18.43%	48.13%	21.51%	60.51%	34.81%
Duty Free Shop	373.23M	264.37M	184.34M	151.55M	81.68M
Duty Free Shop Growth	41.18%	43.41%	21.64%	85.54%	78.42%
Ground Handling and Bus Management Operations	590.10M	609.05M	322.29M	283.78M	231.48M
Ground Handling and Bus Management Operations Growth	-3.11%	88.98%	13.57%	22.59%	35.78%
Other Operations	411.22M	387.94M	210.33M	201.10M	139.52M
Other Operations Growth	6.00%	84.44%	4.59%	44.14%	38.85%
Interdepartmental Eliminations	-163.62M	-119.56M	-106.58M	-93.52M	-88.20M
Unallocated The Effect of Using The Equity Method for Business Partnerships	-1.01B	-953.61M	-543.74M	-591.48M	-331.25M
Total	1.63B	1.62B	1.05B	915.48M	522.06M
Total Growth	0.71%	53.50%	15.07%	75.36%	79.96%

Revenue by Geography

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Turkiye	693.15M	638.19M	415.82M	328.36M	268.13M
Turkiye Growth	8.61%	53.48%	26.63%	22.46%	30.65%
Kazakhstan	436.82M	481.02M	328.31M	294.65M	104.52M
Kazakhstan Growth	-9.19%	46.52%	11.42%	181.90%	-
Georgia	152.04M	145.01M	92.60M	86.23M	53.23M
Georgia Growth	4.85%	56.61%	7.39%	61.99%	159.81%
Macedonia	56.18M	52.99M	40.28M	33.25M	24.15M
Macedonia Growth	6.00%	31.58%	21.12%	37.71%	82.28%
Tunisia	54.72M	53.24M	34.02M	23.49M	10.74M
Tunisia Growth	2.78%	56.52%	44.82%	118.78%	40.76%
Croatia	42.14M	39.54M	26.10M	22.92M	4.48M
Croatia Growth	6.56%	51.49%	13.88%	411.73%	-
Qatar	30.10M	23.07M	10.37M	44.82M	6.26M
Qatar Growth	30.48%	122.47%	-76.86%	615.66%	-
France	28.48M	30.62M	1.12M	-	-
France Growth	-7.00%	2638.48%	-	-	-
Latvia	27.34M	27.93M	20.84M	17.37M	13.44M
Latvia Growth	-2.10%	33.99%	20.01%	29.28%	33.36%
Umman	23.26M	30.16M	21.74M	18.09M	10.13M
Umman Growth	-22.89%	38.73%	20.19%	78.57%	23.40%
Saudi Arabia	13.73M	13.69M	8.35M	9.99M	10.14M
Saudi Arabia Growth	0.34%	63.84%	-16.34%	-1.53%	20.84%
Spain	8.21M	21.32M	14.64M	9.70M	5.90M
Spain Growth	-61.48%	45.66%	50.83%	64.45%	8.06%
Other	62.35M	60.22M	39.25M	26.61M	10.95M
Other Growth	3.54%	53.44%	47.48%	143.05%	-51.72%
Total	1.63B	1.62B	1.05B	915.48M	522.06M
Total Growth	0.71%	53.50%	15.07%	75.36%	73.21%

Source: S&P Global Market Intelligence.