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)
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