Related Companies
|
[]
|
||||||||||||||||
Related Funds
|
[]
|
||||||||||||||||
English
|
|||||||||||||||||
oda_ForwardLookingEvaluationsAbstract|
|
|
||||||||||||||||
oda_UpdateAnnouncementFlag|
|
|
Hayır (No)
|
|||||||||||||||
oda_CorrectionAnnouncementFlag|
|
|
Hayır (No)
|
|||||||||||||||
oda_DateOfThePreviousNotificationAboutTheSameSubject|
|
|
-
|
|||||||||||||||
oda_DelayedAnnouncementFlag|
|
|
Hayır (No)
|
|||||||||||||||
oda_AnnouncementContentSection|
|
|
||||||||||||||||
oda_ExplanationSection|
|
|
||||||||||||||||
oda_ExplanationTextBlock|
|
Our company's expectations for 2020 are presented belo
•
Sales Volume:
• 3-4% growth on a consolidated basis
• Flattish in Turkey
• Mid-single digit growth in international segment
• Net revenue growth:
15-18% growth on a consolidated basis (FX-neutral
1
)
• EBITDA Margin:
Circa 100 bps improvement without the impact of cash designation and slight decline on a reported basis
• Capex/Sales:
6-8%of consolidated net sales revenue
1
FX-neutral: Using constant FX rates when converting country financial statements to TL
.
As announced on Jan 21st 2020, CCI started preliminary discussions with The Coca-Cola Company to revisit the sales and distribution model of Doğadan brand, the non-ready to drink tea in CCI's portfolio. Discussion are still continuing. Our 2020 guidance is focused on our core business figures, excluding the NRTD tea. For comparability purposes below are the 2019 financial figures to be used as the base for the above 2020 guidance:
The business outlook of the Company is subject to the risks which are stated in the annual report and financial reports.
We hereby declare that our above statements are in conformity with the principles included in the Capital Markets Board's Communiqué on Material Events, that they fully reflect the information we have acquired, that the information complies with our books, records and documents, that we have made our best effort to fully and accurately obtain all information regarding the matter and that we are responsible for this disclosure made hereby.
This is an English translation of the original official public disclosure made by Coca-Cola İçecek in Turkish through the Public Disclosure Platform (www.kap.gov.tr), for information purposes only. In the event of any discrepancy between this translation and the original Turkish disclosure, the original Turkish disclosure shall prevail. Coca-Cola İçecek makes no warranties or representations about the accuracy or completeness of the English translation and assumes no liability for any errors, ommissions or inaccuracies that may arise from use of this translation.
|
We proclaim that our above disclosure is in conformity with the principles set down in “Material Events Communiqué” of Capital Markets Board, and it fully reflects all information coming to our knowledge on the subject matter thereof, and it is in conformity with our books, records and documents, and all reasonable efforts have been shown by our Company in order to obtain all information fully and accurately about the subject matter thereof, and we’re personally liable for the disclosures.