Brief: Coca-Cola Icecek Q2 Net Profit Up At 5.41 Bln Lira YoY, Revises 2024 Outlook

Coca-Cola Icecek AS

19/08/2024 16:39

Aug 19 (Reuters) - Coca-Cola Icecek AS  CCOLA.IS :
    * COCA-COLA ICECEK - Q2 NET PROFIT OF 5.41 BILLION LIRA
VERSUS
PROFIT OF 4.50 BILLION LIRA YEAR AGO
    * COCA-COLA ICECEK - Q2 REVENUE OF 36.60 BILLION LIRA VERSUS
39.31
BILLION LIRA YEAR AGO
    * COCA-COLA ICECEK EXPECTS SLIGHT DECLINE TO FLAT VERSUS
LAST YEAR
FOR 2024 EBIT MARGIN (PRVS FORECAST: FLAT VERSUS PREVIOUS YEAR)
    * COCA-COLA ICECEK SEES 2024 NET REVENUE GROWTH AT LOW
30S PERCENTAGE FX-NEUTRAL NSR GROWTH (PRVS FORECAST:  LOW-40S
PERCENTAGE FX-NEUTRAL NSR GROWTH)
    * COCA-COLA ICECEK SEES 2024 SALES VOLUME GROWTH TO BE
FLAT-TO-LOW-SINGLE-DIGIT VOLUME GROWTH ON A CONSOLIDATED BASIS
(PRVS FORECAST: MID-SINGLE DIGIT ON A CONSOLIDATED BASIS)

    
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