Josef Simons - BIM Birlesik Member of the Board of Directors

BIMAS Stock  TRY 538.00  12.00  2.28%   

Director

Mr. Josef Wilhelmus Johannes Simons has served as Member of the Board of Directors of Bim Birlesik Magazalar Anonim Sirketi since January 1, 2010. Jos graduated from the top Management Course at Nijenrode University. With a proven track record of over 40 years in the retail industry, he has served as General Manager at Aldi in the Netherlands for over a decade, and has managed his own consultancy company for the retail market. He was General Manager for five years at the Vendex Food Group, one of the largest food retailers in the Netherlands at the time. In 2001, he assumed the position of Chief Operating Officer at BIM, and in January 2006 became the CEO. In April 2008, he was appointed as a member of the Board of Directors. As of January 1, 2010, he has left his position as CEO, and has since then continued to work for BIM as a member of the Board of Directors and as a consultant. since 2010.
Age 74
Tenure 14 years
Phone90 216 564 03 03
Webhttps://www.bim.com.tr

BIM Birlesik Management Efficiency

The company has return on total asset (ROA) of 0.1327 % which means that it generated a profit of $0.1327 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.6176 %, meaning that it generated $0.6176 on every $100 dollars invested by stockholders. BIM Birlesik's management efficiency ratios could be used to measure how well BIM Birlesik manages its routine affairs as well as how well it operates its assets and liabilities.
BIM Birlesik Magazalar has accumulated 6.09 B in total debt with debt to equity ratio (D/E) of 0.85, which is about average as compared to similar companies. BIM Birlesik Magazalar has a current ratio of 0.99, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist BIM Birlesik until it has trouble settling it off, either with new capital or with free cash flow. So, BIM Birlesik's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like BIM Birlesik Magazalar sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for BIM to invest in growth at high rates of return. When we think about BIM Birlesik's use of debt, we should always consider it together with cash and equity.

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BIM Birlesik Magazalar A.S., together with its subsidiaries, operates retail stores in Turkey, Morocco, and Egypt. BIM Birlesik Magazalar A.S. was founded in 1995 and is headquartered in Istanbul, Turkey. BIM MAGAZALAR operates under Grocery Stores classification in Turkey and is traded on Istanbul Stock Exchange. It employs 60663 people. BIM Birlesik Magazalar (BIMAS) is traded on Istanbul Stock Exchange in Turkey and employs 79,817 people.

Management Performance

BIM Birlesik Magazalar Leadership Team

Elected by the shareholders, the BIM Birlesik's board of directors comprises two types of representatives: BIM Birlesik inside directors who are chosen from within the company, and outside directors, selected externally and held independent of BIM. The board's role is to monitor BIM Birlesik's management team and ensure that shareholders' interests are well served. BIM Birlesik's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, BIM Birlesik's outside directors are responsible for providing unbiased perspectives on the board's policies.
Haluk Dortluoglu, Chief Financial Officer, Executive Committee Member
Serkan Savas, Reporting and Investor Relations Manager
Paul Foley, Independent Member of Board of Director
Murat Dalgic, Operation Committee Member
Mahmud Merali, Vice Chairman of the Board of Directors
Ahmet Akca, Independent Member of the Board of Directors
Galip Ayka, Chief Officer
Josef Simons, Member of the Board of Directors
Galip Aykac, Executive Committee Member, Chief Operating Officer, and Chairman of General Purchasing Committee
Mustafa Topbas, Chairman of the Board of Directors, Chairman of the Executive Committee
Aynur Colpan, General Purchasing Committee Member and Purchasing General Manager
Ilkay Zengin, Member of the Operations Committee
Omer Topbas, Member of the Board of Directors
Tolga Sahin, Operation Committee Member and General Purchasing Committee Member
Urfet Nacar, Member of the Operations Committee
Ugur Kivrak, Member of Operation Committee

BIM Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is BIM Birlesik a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Thematic Opportunities

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Other Information on Investing in BIM Stock

BIM Birlesik financial ratios help investors to determine whether BIM Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in BIM with respect to the benefits of owning BIM Birlesik security.