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Company Guidance

Guidance for 2018 Consolidated Financial Results

Our company adopted IFRS 15 and IFRS 9 accounting standards starting from 1 January 2018.

Adoption of these standards is expected to have around TL 600 million incremental impact on 2018 EBITDA and CAPEX, while no material impact is expected on revenue. Accordingly, Our company has decided to revise upwards its 2018 guidance on Consolidated revenue (excluding IFRIC 12), EBITDA and CAPEX on the back of strong revenue growth and strong operational profitability in the first nine month of 2018

Under current circumstances, revised guidance for 2018 is as below:

  • Consolidated revenue growth (excluding IFRIC 12) to be around 13% over 2017
  • Consolidated EBITDA to be at TL 8.0 billion and TL 8.2 billion levels
  • Consolidated CAPEX to be around TL 4.2 billion

Previous Guidance Revised Guidance
Consolidated Revenue Growth
(excluding IFRIC 12)
Around 11% Around 13%
Consolidated EBITDA TL 7.6 billion - TL 7.8 billion TL 8.0 billion - TL 8.2 billion
Consolidated CAPEX Around TL 4.1 billion Around TL 4.2 billion
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