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Coca-Cola Icecek AS (CCOLA.IS)

CCOLA.IS on Istanbul Stock Exchange

28.20TRY
19 Aug 2018
Change (% chg)

0.10TL (+0.36%)
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28.10TL
Open
28.10TL
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29.00TL
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27.90TL
Volume
94,893
Avg. Vol
420,790
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41.50TL
52-wk Low
24.92TL

Latest Key Developments (Source: Significant Developments)

Coca-Cola Icecek 2018 Guidance and FY 2017 Dividend Payment
Wednesday, 28 Feb 2018 

Feb 28 (Reuters) - COCA-COLA ICECEK ::SAID ON TUESDAY TO PAY DIVIDEND AT NET 0,67 LIRA PER SHARE AND GROSS 0,79 LIRA PER SHARE ON MAY 25.TOTAL AMOUNT OF NET CASH DIVIDEND PAYMENT TO BE 186.0 MILLION LIRA FOR FY 2017.EXPECTS VOLUME GROWTH AT 4 TO 6 PERCENT ON A CONSOLIDATED BASIS IN 2018 .SEES NET REVENUE GROWTH AT 10 TO 12 PERCENT ON A CONSOLIDATED BASIS (FX-NEUTRAL).EXPECTS SLIGHT IMPROVEMENT IN EBITDA MARGIN ON A CONSOLIDATED BASIS IN 2018 .SEES LOWER THAN 1.5X NET DEBT/ EBITDA (ON AN FX-NEUTRAL AND ORGANIC BASIS) IN 2018 .  Full Article

Coca-Cola Icecek FY 2017 Net Result Swings To Net Profit Of 237.6 Mln Lira
Tuesday, 27 Feb 2018 

Feb 27 (Reuters) - COCA-COLA ICECEK ::FY 2017 NET PROFIT OF 237.6 MILLION LIRA VERSUS LOSS OF 28.4 MILLION LIRA YEAR AGO.FY 2017 REVENUE OF 8.52 BILLION LIRA VERSUS 7.05 BILLION LIRA YEAR AGO.  Full Article

Coca-Cola Icecek FY 2017 Consolidated Sales Volume Up At 4.1 Percent In Line With Company Guidance
Friday, 12 Jan 2018 

Jan 12 (Reuters) - Coca-Cola Icecek As ::FY 2017 CONSOLIDATED SALES VOLUME INCREASES BY 4.1 PERCENT, IN LINE WITH COMPANY GUIDANCE.SHARE OF TURKEY OPERATIONS WITHIN TOTAL SALES VOLUME IS 50 PERCENT IN FY 2017 VERSUS 51 PERCENT IN FY 2016.FY 2017 TURKEY OPERATIONS DELIVERS VOLUME GROWTH OF 3.3 PERCENT.FY 2017 INTERNATIONAL OPERATIONS DELIVERS 4.9 PERCENT VOLUME GROWTH.  Full Article

Coca-Cola Icecek And The Coca-Cola Company Renews Existing Bottling Agreement
Friday, 29 Dec 2017 

Dec 29 (Reuters) - Coca-Cola Icecek As ::COCA-COLA ICECEK AND THE COCA-COLA COMPANY RENEWS EXISTING BOTTLING AGREEMENT FOR FURTHER 10 YEARS EFFECTIVE JAN. 1‍​.  Full Article

Coca-Cola Icecek Q3 net profit rises to 240.8 million lira
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - COCA-COLA ICECEK ::REPORTED ON WEDNESDAY Q3 NET PROFIT OF 240.8 MILLION LIRA VERSUS 154.2 MILLION LIRA YEAR AGO .Q3 REVENUE OF 2.75 BILLION LIRA VERSUS 2.24 BILLION LIRA YEAR AGO .  Full Article

Coca-Cola Icecek Q2 net profit rises to 231.3 mln lira
Tuesday, 8 Aug 2017 

Aug 8 (Reuters) - COCA-COLA ICECEK AS ::REPORTED ON MONDAY Q2 REVENUE OF 2.56 BILLION LIRA VERSUS 2.13 BILLION LIRA YEAR AGO.Q2 NET PROFIT OF 231.3 MILLION LIRA VERSUS PROFIT OF 148.1 MILLION LIRA YEAR AGO.  Full Article

Coca-Cola Icecek Q1 net result swings to loss of 86.0 million lira
Wednesday, 3 May 2017 

May 3 (Reuters) - Coca-cola Icecek AS ::Q1 net loss of 86.0 million lira ($24.33 million) versus profit of 29.4 million lira year ago.Q1 revenue of 1.56 billion lira versus 1.30 billion lira year ago.  Full Article

Coca-Cola Icecek withdraws from CCBA stake purchase transaction
Wednesday, 5 Apr 2017 

Coca-Cola Icecek A.S. : Said on Tuesday that it completed evaluation to buy stake in Coca-Cola Beverages Africa (CCBA) from The Coca-Cola Company (TCCC) . Concluded that other future regional opportunities would potentially be a better strategic fit for the company .To continue to engage with TCCC to identify appropriate territorial expansion opportunities in other geographies but will not be submitting an offer for CCBA.  Full Article

Coca-Cola Icecek plans to open its 10th plant in Turkey with 110 mln lira investment
Thursday, 30 Mar 2017 

Coca-cola Icecek AS : Plans to open its 10th plant in Turkey, in the Isparta region . The plant is expected to be fully operational in the second quarter of 2017 . The state-of-the-art production facility will have annual capacity of 220 million liters - around 40 million unit cases - and will provide direct and indirect employment to approximately 300 people . The total amount of investment for the plant is 110 million lira ($30.17 million) .The Isparta facility will have two lines capable of producing ice tea, juice and sparkling products in can and PET packages.  Full Article

Coca-Cola Icecek 2016 net result turns to loss of 28.4 million lira
Wednesday, 1 Mar 2017 

Coca-cola Icecek AS : FY 2016 loss of 28.4 million lira ($7.76 million) versus profit of 117.2 million lira year ago . FY 2016 revenue of 7.05 billion lira versus 6.72 billion lira year ago . FY 2016 profit from operating activities at 640.7 million lira versus 639.5 million lira year ago . 2017 net sales revenue growth is expected to be ahead of volume growth while EBITDA margn is expected to remain flat or expand slightly compared to 2016 . In addition, expects 2017 net debt / EBITDA to be below 2x and capex/sales ratio to be around 8% . Plans to complete 2017 with positive free cash flow .Consolidated volume to grow at mid-single digits in 2017.  Full Article

BRIEF-Coca-Cola Icecek Q1 Net Loss Shrinks To 46.0 Million Lira

* Q1 NET LOSS OF 46.0 MILLION LIRA VERSUS LOSS OF 86.0 MILLION LIRA YEAR AGO