Turk Telekom lifts FY guidance after 19% revenue growth in Q3

Wednesday 7 November 2018 | 09:25 CET | News
Turk Telekom saw its revenue increase by 19 percent year-on-year to TRY 5.4 billion, the highest topline growth since the company's IPO. Excluding IFRIC 12 revenue, revenue growth was 17 percent year-on-year. EBITDA grew 34 percent year-on-year to TRY 2.3 billion with a margin of 42 percent. Growth in operating profit also accelerated to 34 percent year-on-year. Net loss was TRY 2.8 billion in Q3 due to the depreciation in the Turkish lira but reached a profit of TRY 1.0 billion excluding forex charges. 

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Categories: General
Companies: Turk Telekom
Countries: Turkey
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