Brief: Anadolu Efes Q1 Net Result Turns To Loss Of 132.0 Million Lira YoY

Anadolu Efes Biracilik ve Malt Sanayii

10/05/2022 06:39

May 10 (Reuters) - ANADOLU EFES  AEFES.IS :
    * SAID ON MONDAY Q1 NET LOSS 132.0 MILLION LIRA VERSUS
PROFIT OF
295.2 MILLION LIRA YEAR AGO
    * Q1 REVENUE 13.77 BILLION LIRA VERSUS 6.16 BILLION LIRA
YEAR AGO
    * FOR 2022, COMPANY DECIDES TO KEEP GUIDANCE INTACT EXCEPT
FOR
VOLUMES
    * INCORPORATING THE IMPACT OF UKRAINE, NOW EXPECTS BEER
VOLUMES TO
DECLINE BY MID-TEENS ON A REPORTED BASIS 
    * EXCLUDING THE IMPACT OF UKRAINE, OUR VOLUME DECLINE
EXPECTATION
REMAINS AT MID-SINGLE DIGITS
    * ON ANADOLU EFES CONSOLIDATED BASIS, WE EXPECT OUR VOLUMES
TO
INCREASE BY LOW-SINGLE DIGITS
    * DESPITE LOST VOLUMES FROM UKRAINE, OUR REVENUE AND EBITDA
MARGN
GUIDANCE STAY THE SAME, DUE TO HIGHER PRICE ADJUSTMENTS THAN
PREVIOUSLY PLANNED

        
 Source text for Eikon:  urn:newsml:reuters.com:*:nIKA5fRL9c urn:newsml:reuters.com:*:nIKA1GzrN1
 Further company coverage:  AEFES.IS  

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