February 24, 2017 / 6:00 AM / 5 months ago

UPDATE 1-Turkey's Sabanci Holding 2016 net profit rises 19 percent

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ISTANBUL, Feb 24 (Reuters) - Turkish conglomerate Sabanci Holding said on Friday its net profit rose 19 percent to 2.66 billion lira in 2016.

In a separate statement to the Istanbul stock exchange, it forecast that its industrial group sales would rise 5-15 percent this year and energy group sales would increase 10-15 percent.

Reporting by Birsen Altayli; Editing by Daren Butler

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