Brief: Anadolu Efes Q2 Net Profit Rises To 2.87 Bln Lira YoY, Revises 2023 Guidance

Anadolu Efes Biracilik ve Malt Sanayii

08/08/2023 16:52

Aug 8 (Reuters) - Anadolu Efes Biracilik ve Malt Sanayii
AS  AEFES.IS :
    * ANADOLU EFES - Q2 NET PROFIT OF 2.87 BILLION LIRA VERSUS
PROFIT
OF 1.43 MLYR LIRA YEAR AGO
    * ANADOLU EFES - Q2 REVENUE OF 38.00 BILLION LIRA VERSUS
24.54
BILLION LIRA YEAR AGO
    * ANADOLU EFES SEES 2023 CONSOLIDATED SALES VOLUME GROWTH AT
MID-SINGLE DIGIT (PRVS FORECAST: LOW-TO-MID SINGLE DIGIT GROWTH)
    * ANADOLU EFES SEES 2023 TOTAL BEER VOLUME GROWTH AT
LOW-SINGLE
DIGIT (PRVS FORECAST: LOW-SINGLE DIGIT DECLINE)
    * ANADOLU EFES SEES 2023 CONSOLIDATED NET SALES REVENUE
GROWTH AT
HIGH-THIRTIES ON FX-NEUTRAL BASIS (PRVS FORECAST: GROWTH AT
LOW-THIRTIES ON FX-NEUTRAL BASIS)
    * ANADOLU EFES EXPECTS 2023 CONSOLIDATED EBITDA MARGIN TO
DECLINE
100 BPS (PRVS FORECAST: DECLINE AROUND 100-200 BPS)
    * ANADOLU EFES SEES 2023 CAPEX AS A PERCENTAGE OF SALES AT 
HIGH
SINGLE DIGITS ON A CONSOLIDATED BASIS (PRVS FORECAST: HIGH
SINGLE DIGITS ON A CONSOLIDATED BASIS)

Source text for Eikon:  urn:newsml:reuters.com:*:nIKA89ylND urn:newsml:reuters.com:*:nIKA6ZMdGq
Further company coverage:  AEFES.IS 

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