Brief: Anadolu Efes Q2 Net Profit Falls To 3.96 Bln Lira YoY, Revises 2024 Outlook

Anadolu Efes Biracilik ve Malt Sanayii

21/08/2024 07:37

Aug 21 (Reuters) - ANADOLU EFES BIRACILIK VE MALT
SANAYII  AEFES.IS :
    * SAID ON AUG. 20, Q2 NET PROFIT OF 3.96 BILLION LIRA VS
PROFIT OF
5.96 BLN LIRA YEAR AGO 
    * Q2 REVENUE OF 60.51 BLN LIRA VS 63.74 BLN LIRA YEAR AGO
    * ANADOLU EFES SEES CONSOLIDATED SALES VOLUME GROWTH AT
LOW-SINGLE
DIGIT IN 2024 (PRVS FORECAST: LOW-TO-MID SINGLE DIGIT GROWTH)
    * ANADOLU EFES SEES TOTAL BEER VOLUME GROWTH AT MID-SINGLE
DIGIT
IN 2024 (PRVS FORECAST: GROW SLIGHTLY)
    * ANADOLU EFES SEES CONSOLIDATED NET SALES REVENUE GROWTH AT
LOW-THIRTIES IN 2024 (PRVS FORECAST: GROWTH AT LOW-THIRTIES ON
FX-NEUTRAL BASIS)
    * ANADOLU EFES EXPECTS CONSOLIDATED EBITDA MARGIN TO DECLINE
AROUND 100 BPS IN 2024 (PRVS FORECAST: DECLINE AROUND 100 BPS)

        
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