Brief: Migros Ticaret Q2 Net Loss Widens To 154.4 Mln Lira, Revises 2020 Expectations

Migros Ticaret AS

12/08/2020 05:49

Aug 12 (Reuters) - MIGROS TICARET  MGROS.IS :
    * SAID ON TUESDAY Q2 REVENUE 6.98 BILLION LIRA VERSUS 5.81
BILLION
LIRA YEAR AGO
    * Q2 NET LOSS 154.4 MILLION LIRA VERSUS LOSS OF 150.5
MILLION LIRA
    * EXPECTS %20-%22 SALES GROWTH FOR 2020 (PREVIOUS:%19-%21)
    * EXPECTS 440 MILLION LIRA INVESTMENT FOR 2020 (PREVIOUS:
400
MILLION LIRA)
    * EXPECTS 160 STORE OPENING IN 2020 (PREVIOUS: 120)

    
    
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