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General

Turkcell revises up guidance for 2019

Wednesday 13 November 2019 | 14:30 CET | News
Turkcell revised its guidance for 2019 and announced medium term guidance for the 2020-2022 period. In its modified guidance for 2019, revenue growth was revised upwards by 1 percent to around 18 percent, EBITDA margin was changed to 41-42 percent from 39-41 percent and the operational capex (excluding license fees) to sales ratio is expected to be around 18 percent versus 16-18 percent in the previous guidance issued on 31 July. Moreover, the company targets an EBIT margin of 20-21 percent for 2019. 

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Categories: General
Companies: Turkcell
Countries: Turkey
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