Brief: Arcelik Q3 Net Profit Jumps To 1.00 Bln Lira YoY

Arcelik

20/10/2023 16:34

Oct 20 (Reuters) - Arcelik AS  ARCLK.IS :
    * ARCELIK - Q3 NET PROFIT OF 1.00 BILLION LIRA VERSUS PROFIT
OF
335.8 MILLION LIRA YEAR AGO
    * ARCELIK - Q3 REVENUE OF 58.22 BILLION LIRA VERSUS 34.25
BILLION
LIRA YEAR AGO
    * ARCELIK SEES 2023 EBITDA MARGIN TO BE AT AROUND 10.5%
(PRVS
FORECAST: AROUND 10%)
    * ARCELIK EXPECTS 2023 INVESTMENT SPENDINGS TO BE AROUND EUR
300
MILLION (PRVS FORECAST: AROUND EUR 300 MILLION)
    * ARCELIK SEES 2023 TURKEY CONSOLIDATED REVENUE GROWTH
AROUND 75%
(PRVS FORECAST: AROUND 60%)


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