Brief: Bizim Toptan Q2 Net Result Turns To Loss Of 30.5 Mln Lira YoY, Revises 2023 Guidance

Bizim Toptan Satis Magazalari

11/08/2023 06:59

Aug 11 (Reuters) - BİZİM TOPTAN SATIŞ MAĞAZALARI
 BIZIM.IS :
    *         SAID ON THURSDAY Q2 NET LOSS OF 30.5 MILLION LIRA
VS
PROFIT OF 36.4 MLN LIRA YEAR AGO
      
    *         Q2 REVENUE OF 4.99 BILLION LIRA VS 3.15 BLN LIRA
YEAR
AGO
      
    * REVISES  SALES GROWTH (EXCLUDING SUGAR CIGARETTES)
EXPECTATION
FOR 2023 TO BE 65% (+/- 5 PERCENT POINTS) (PRVS EXPECTATION: 60%
(+/- 5 PERCENT POINTS) 
    * REVISES EBITDA MARGIN EXPECTATION 4%-5% FOR 2023 (PRVS
EXPECTATION: 5%-6%)
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nIKA2wJZJ2 urn:newsml:reuters.com:*:nIKA2q1CGg
 Further company coverage:  BIZIM.IS  


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