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MGROS.E Migros Ticaret AS News Story

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Brief: Migros Ticaret Q2 Net Profit Jumps To 440.8 Mln Lira YoY

Aug 10 (Reuters) - MIGROS TICARET  MGROS.IS :
    * SAID ON TUESDAY Q2 NET PROFIT OF 440.8 MILLION LIRA VS NET
PROFIT OF 1.8 MILLION LIRA YEAR AGO
    * Q2 REVENUE OF 15.96 BILLION LIRA VS 8.42 BILLION LIRA YEAR
AGO
    * MIGROS TICARET SEES 2022 CAPITAL EXPENDITURES TO BE AROUND
1.65
BILLION LIRA VERSUS (PRVS FORECAST: AROUND 1.5 BILLION LIRA)
    * MIGROS TICARET SEES AROUND 350 NEW STORES TO BE OPENED IN
2022
(PRVS FORECAST:MORE THAN 250 NEW STORES)
    * MIGROS TICARET SEES 2022 CONSOLIDATED SALES GROWTH TO BE
80%-85%
(PRVS FORECAST:55%-60%)


        
 Source text for Eikon:  urn:newsml:reuters.com:*:nIKA6Z8fgb urn:newsml:reuters.com:*:nIKAc1fK7C
 Further company coverage:  MGROS.IS  

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

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