Turkey's Oyak says cement unit 2014 sales up 14 pct
18/02/2015 08:44
ISTANBUL, Feb 18 (Reuters) - Turkey's Oyak Group OYAK.UL
said on Wednesday its cement division's sales were up by 14
percent while its net profit rose 82 percent in 2014, due to
rising demand from the construction sector.
Oyak's Chief Executive Officer Celal Caglar said in an
emailed statement that the cement division, which has a market
share of 16 percent, planned to invest 154 million lira ($63
million) in 2015.
($1 = 2.4606 liras)
(Reporting by Ece Toksabay; Editing by Daren Butler)
((ece.toksabay@thomsonreuters.com; +90 212 3507052; Reuters
Messaging: ece.toksabay.reuters.com@reuters.net))
Keywords: TURKEY OYAK/