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ARCLK - Arcelik AS News Story

TRY32.86 0.0  0.0%

Last Trade - 09/04/21

Sector
Consumer Cyclicals
Size
Mid Cap
Market Cap £1.99bn
Enterprise Value £2.46bn
Revenue £3.66bn
Position in Universe 20th / 645

BRIEF-Arcelik Q3 Net Profit Jumps To 1.02 Billion Lira YoY

Fri 23rd October, 2020 4:20pm
Oct 23 (Reuters) - ARCELIK  ARCLK.IS :
    * ARCELIK - Q3 NET PROFIT OF 1.02 BILLION LIRA VERSUS PROFIT
OF
240.3 MILLION LIRA YEAR AGO
    * ARCELIK - Q3 REVENUE OF 11.94 BILLION LIRA VERSUS 8.25
BILLION
LIRA YEAR AGO
    * ARCELIK SEES 2020 ORGANIC REVENUE GROWTH AT 25%-30% VERSUS
PREVIOUS EXPECTATION OF 10%-15% LIRA BASED
    * ARCELIK EXPECTS 2020 INVESTMENT SPENDINGS TO BE AT AROUND
EUR
180 MILLION VERSUS PREVIOUS EXPECTATION OF EUR 150-160 MILLION
FOR 2020

Source text for Eikon:  urn:newsml:reuters.com:*:nIKA6RXFxL urn:newsml:reuters.com:*:nIKAbfNBfH
Further company coverage: [ ARCLK.IS ]

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))
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