Brief: Coca-Cola Icecek FY Net Profit Rises To 20.58 Bln Lira YoY, Reiterates 2024 Guidance

Coca-Cola Icecek AS

14/03/2024 05:32

March 14 (Reuters) - COCA-COLA İÇECEK  CCOLA.IS :
    * SAID ON WEDNESDAY FY NET PROFIT OF 20.58 BILLION LIRA VS
PROFIT
OF 13.88 BILLION LIRA YEAR AGO
    * FY REVENUE OF 101.04 BILLION LIRA VS 93.19 BILLION LIRA
YEAR AGO
    * SEES 2024 SALES VOLUME GROWTH AT MID-SINGLE DIGIT ON A
CONSOLIDATED BASIS (PRVS FORECAST:MID-SINGLE DIGIT ON A
CONSOLIDATED BASIS)
    * SEES 2024 NET REVENUE GROWTH AT LOW-40S PERCENTAGE
FX-NEUTRAL
NSR GROWTH (PRVS FORECAST:  LOW-40S PERCENTAGE FX-NEUTRAL NSR
GROWTH)
    * SEES 2024 EBIT MARGIN TO BE FLAT VERSUS PREVIOUS YEAR
(PRVS
FORECAST: FLAT  VERSUS PREVIOUS YEAR)
    * PROPOSES TO PAY CASH DIVIDEND AT GROSS 7.8626 LIRA, NET
7.0763
LIRA PER SHARE FOR 2023


        
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