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AEFES.E — Anadolu Efes Biracilik ve Malt Sanayii News Story

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Turkish brewer Anadolu Efes slumps after FY guidance cut

BUZZ-Turkish brewer Anadolu Efes slumps after FY guidance cut

** Shares in Turkey's Anadolu Efes AEFES.IS slide around 9% after the Turkish brewer lowered 2026 beer sales revenue and EBITDA guidance

** Anadolu Efes posted Q2 net profit of 5.1 billion lira ($107.0 million) vs 5.6 billion lira market expectation as quoted by analysts at Deniz Yatirim and Is Yatirim

** Deniz Yatirim says it expects downwards revisions in beer group sales revenues and EBITDA outlook to reflect negatively on the stock

** The broker adds that high net debt/EBITDA ratio of beer group is pressuring the stock price

** The stock is down to its late-May levels



($1 = 47.6780 liras)


(Reporting by Mirac Eren Dereli)

((miraceren.dereli@thomsonreuters.com))

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