May 4, 2017 / 4:35 PM / 3 months ago

BRIEF-Anadolu Efes Q1 consolidated result swings to loss of 84.9 mln lira

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May 4 (Reuters) - Anadolu Efes:

* Q1 consolidated net loss of 84.9 million lira versus profit of 60.3 million lira year ago

* Q1 consolidated revenue of 2.43 billion lira versus 1.93 billion lira year ago

* Q1 consolidated sales volume up 6.0 percent to 17.5 MHL

* Q1 consolidated EBITDA before non-recurring items (BNRI) up 16.7 percent to 295.2 million lira

* Expects a positive FCF both for beer business and soft drinks operations for the full year

* The political & macroeconomic challenges, affordability issues and tough competition continued into the first quarter of 2017 in Turkey beer operations

Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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