Brief: Anadolo Isuzu Announces 2024 Guidance

Anadolu Isuzu Otomotiv Sanayi Ve Ticaret

11/06/2024 06:15

June 11 (Reuters) - ANADOLU ISUZU OTOMOTİV SANAYİ VE
TİCARET  ASUZU.IS :
    * SAID ON MONDAY ALTHOUGH WE EXPECT TOTAL MARKET SIZE OF
SEGMENTS
TO DECLINE BY AROUND 20-25% COMPARED TO 2023, WE EXPECT A
SMALLER DECLINE IN TOTAL DOMESTIC SALES VOLUMES IN 2024 COMPARED
TO CONTRACTION IN MARKET THANKS TO DIVERSITY OF PORTFOLIO
    * SAYS ALTHOUGH REGULATORY CHANGES TO BE IMPLEMENTED IN
EUROPE
WILL CAUSE SALES PROJECTED FOR SECOND HALF OF YEAR TO BE DELAYED
TO FOLLOWING MONTHS, WE EXPECT OUR TOTAL EXPORT SALES IN 2024 TO
BE IN LINE WITH 2023 DUE TO INCREASING PRODUCT DIVERSITY AND
IMPACT OF INCREASED SALES OUTSIDE EUROPE

        
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