Brief: Anadolu Efes FY Net Profit Up At 3.43 Billion Lira

Anadolu Efes Biracilik ve Malt Sanayii

01/03/2023 05:32

March 1 (Reuters) - ANADOLU EFES  AEFES.IS :
    * FY NET PROFIT OF 3.43 BILLION LIRA VS PROFIT OF 1.07
BILLION
LIRA YEAR AGO
    * FY REVENUE OF 90.50 BILLION LIRA VS 39.3 BILLION LIRA YEAR
AGO
    * EXPECTS 2023 TO BE VERY CHALLENGING YEAR DUE TO
COMPETITIVE
PRESSURES AND NECESSITY TO MAKE FURTHER PRICE INCREASE TO COVER
COSTS ESCALATIONS
    * EXPECTS CONSOLIDATED SALES VOLUME TO GROW BY LOW-TO-MID
SINGLE
DIGIT IN 2023
    * EXPECTS TOTAL BEER VOLUME IS TO DECLINE BY LOW-SINGLE
DIGIT IN
2023
    * EXPECTS CONSOLIDATED NET SALES REVENUE TO GROW BY
LOW-THIRTIES
ON FX-NEUTRAL BASIS IN 2023
    * EXPECTS CONSOLIDATED EBITDA MARGIN TO DECLINE AROUND
100-200 BPS
IN 2023
    * SEES 2023 CAPEX AS A PERCENTAGE OF SALES HIGH SINGLE
DIGITS ON A
CONSOLIDATED BASIS 
    * PROPOSES TO PAY NET DIVIDEND OF 1.9183 LIRA PER SHARE FOR
FY
2022

        
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