Brief: Anadolu Efes Q3 Net Profit Down To 5.60 Bln Lira YoY, Revises 2024 Outlook

Anadolu Efes Biracilik ve Malt Sanayii

06/11/2024 06:53

Nov 6 (Reuters) - ANADOLU EFES  AEFES.IS :
    * SAID ON NOV. 5, Q3 NET PROFIT OF 5.60 BILLION LIRA VERSUS
NET
PROFIT OF 13.90 BILLION LIRA YEAR AGO
    * Q3 REVENUE OF 62.20 BILLION LIRA VERSUS 60.68 BILLION LIRA
YEAR
AGO 
    * ANADOLU EFES EXPECTS CONSOLIDATED SALES VOLUME TO STAY
FLAT IN
2024 (PRVS FORECAST: LOW-SINGLE DIGIT GROWTH)
    * ANADOLU EFES SEES TOTAL BEER SALES VOLUME GROWTH AT
HIGH-SINGLE
DIGIT IN 2024 (PRVS FORECAST: GROWTH AT MID-SINGLE DIGIT)
    * ANADOLU EFES SEES CONSOLIDATED NET SALES REVENUE GROWTH AT
MID-TO-HIGH TWENTIES IN 2024 (PRVS FORECAST: GROWTH AT
LOW-THIRTIES)
    * ANADOLU EFES EXPECTS 2024 CONSOLIDATED EBITDA MARGIN TO
DECLINE
AROUND 150 BPS (PRVS FORECAST: DECLINE AROUND 100 BPS)

        
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