March 20, 2020 / 2:20 PM / 8 days ago

BRIEF-Lokman Hekim Engurusag Announces 2020 Guidance

March 20 (Reuters) - LOKMAN HEKIM ENGURUSAG SAGLIK TURIZM EGITIM HIZMETLERI VE INSAAT TAAHHUT:

* 2019 PERFORMANCE BOTH IN TERMS OF GROWTH AND MARGINS WERE FULLY IN LINE WITH OUR GUIDANCE

* SEES REVENUE GROWTH CIRCA 20% IN 2020

* EXPECTS TO GENERATE 404-420 MILLION LIRA REVENUE CONSISTENT WITH AT LEAST 20% YOY GROWTH

* EXPECTS MARGN GUIDANCE RANGES BETWEEN 14% AND 16%

* EXPECTS LEVERAGE MEASURED AS NET DEBT TO EBITDA TO DROP TO BELOW 2X MARK Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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