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Arcelik AS (ARCLK.IS)

ARCLK.IS on Istanbul Stock Exchange

19.28TRY
23 Nov 2017
Change (% chg)

-0.12TL (-0.62%)
Prev Close
19.40TL
Open
19.42TL
Day's High
19.44TL
Day's Low
19.16TL
Volume
1,385,218
Avg. Vol
2,225,937
52-wk High
27.46TL
52-wk Low
19.14TL

Latest Key Developments (Source: Significant Developments)

Arcelik Q3 net profit drops to 256.2 million lira
Friday, 20 Oct 2017 

Oct 20 (Reuters) - ARCELIK AS ::Q3 NET PROFIT OF 256.2 MILLION LIRA VERSUS 262.8 MILLION LIRA YEAR AGO .Q3 REVENUE OF 5.44 BILLION LIRA VERSUS 4.08 BILLION LIRA YEAR AGO .SEES C.25% REVENUE GROWTH IN TRY IN 2017‍​.SEES C.10% 2017 EBITDA MARGIN (PREVIOUS C.10.5%).SEES C.11% LONG TERM EBITDA MARGIN.  Full Article

Arcelik to demerge domestic operations except R&D and production into Arcelik Pazarlama
Wednesday, 12 Oct 2016 

Arcelik AS : Said on Tuesday that decided to carry out company's domestic operations other than R&D and production activities through a separate legal entity by partial demerger . To transfer all assets and liabilities of dealer management, advertising and sponsorship activities, inventory and stock management, logistics management, guarantee service management, installation and service activities in the balance sheet without compromising the integrity of the business into Arçelik Pazarlama . To have 100 percent ownership in Arçelik Pazarlama .Partial demerger operations to be performed on the basis of company's financial statements dated 30.06.2016.  Full Article

Arcelik unit Arctic applies for incentive certificate for a factory investment
Wednesday, 3 Aug 2016 

Arcelik AS : Unit based in Romania Arctic applies to authorities to receive incentive certificate for 105.8 million euros facility investment . Unit sees to receive 36.1 million euros cash incentive for the 105.8 million euros facility investment which has a production capacity of 2 million washing machines .Depending on the receipt of the incentive the investment project is planned to be started on January 2017 and finalised on September 2019.  Full Article

S&P affirms Arcelik's rating at BB+, outlook stable
Monday, 1 Aug 2016 

Arcelik AS :S&P affirms Arcelik's credit note at BB+, outlook stable.  Full Article

Arcelik expects 2016 EBITDA margin at c.11 pct
Monday, 1 Aug 2016 

Arcelik A.S. : Said on Friday that company expects more than 13 percent growth in 2016 revenue on Turkish Lira basis .Expects 2016 EBITDA margin at circa 11 percent.  Full Article

Arcelik Q2 net profit up 100 pct to 652.0 million lira
Friday, 29 Jul 2016 

Arcelik A.S. : Q2 revenue 3.96 billion lira ($1.32 billion) versus 3.35 billion lira year ago .Q2 net profit 652.0 million lira versus 326.3 million lira year ago.  Full Article

Arcelik says agrees to acquire Dawlance for $258 mln
Thursday, 30 Jun 2016 

Arcelik As :Arcelik AS says it has signed an agreement to acquire Dawlance for $258 mln.  Full Article

Arcelik AS gives mixed FY 2016 guidance
Tuesday, 2 Feb 2016 

Arcelik AS:Sees FY 2016 EBITDA margin at circa 11%.Sees FY 2016 revenue growth more than 10% in Turkish Lira currency.FY 2016 revenue growth rate of 12.6 percent and EBITDA margin 10.7 percent- Thomson Reuters I/B/E/S Estimates.  Full Article

BRIEF-Arcelik Q2 net profit falls to 256.6 million lira

* REPORTED ON MONDAY Q2 REVENUE OF 5.06 BILLION LIRA VERSUS 3.96 BILLION LIRA YEAR AGO