Brief: Ford Otosan Q1 Net Profit Rises To 8.97 Bln Lira YoY, Maintains 2024 Guidance

Ford Otomotiv Sanayi AS

22/05/2024 06:35

May 22 (Reuters) - FORD OTOMOTİV SANAYİ  FROTO.IS :
    * SAID ON TUESDAY Q1 NET PROFIT OF 8.97 BILLION LIRA VS NET
PROFIT
OF 8.16 BILLION LIRA YEAR AGO
    * Q1 REVENUE OF 124.19 BILLION LIRA VS 113.63 BILLION LIRA
YEAR
AGO
    * FORD OTOSAN SEES 2024 EXPORTS AT 560,000-610,000 UNITS
(PRVS
FORECAST: 560,000-610,000 UNITS)
    * FORD OTOSAN SEES 2024 RETAIL SALES AT 100,000-110,000
UNITS
(PRVS FORECAST: 100,000-110,000 UNITS)
    * FORD OTOSAN SEES 2024 PRODUCTION AT 650,000-700,000
UNITS(PRVS
FORECAST: 650,000-700,000 UNITS)
    * FORD OTOSAN SEES 2024 INVESTMENTS AT 900 MILLION EUROS -
1.00
BILLION EUROS (PRVS FORECAST: 900 MILLION EUROS - 1.00 BILLION
EUROS)

        
 Source text for Workspace:  urn:newsml:reuters.com:*:nIKA6Qfp3Z urn:newsml:reuters.com:*:nIKA9w0rXM
 Further company coverage:  FROTO.IS  

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))