Edition:
India

Migros Ticaret AS (MGROS.IS)

MGROS.IS on Istanbul Stock Exchange

39.50TRY
5 Aug 2020
Change (% chg)

-3.00TL (-7.06%)
Prev Close
42.50TL
Open
42.26TL
Day's High
42.90TL
Day's Low
38.78TL
Volume
5,741,312
Avg. Vol
6,550,491
52-wk High
45.56TL
52-wk Low
16.18TL

Latest Key Developments (Source: Significant Developments)

Migros Ticaret Q1 Net Loss Shrinks To 136.3 Mln Lira YoY
Wednesday, 6 May 2020 

May 6 (Reuters) - MIGROS TICARET ::Q1 NET LOSS OF 136.3 MILLION LIRA VERSUS LOSS OF 230.9 MILLION LIRA YEAR AGO.Q1 REVENUE OF 6.43 BILLION LIRA VERSUS 4.92 BILLION LIRA YEAR AGO.  Full Article

Migros Ticaret Says Collective Labor Talks End With Agreement With Tez-Koop. Labor Union
Monday, 30 Mar 2020 

March 31 (Reuters) - MIGROS TICARET ::SAID ON MONDAY COLLECTIVE LABOR TALKS END WITH AGREEMENT WITH TEZ-KOOP. LABOR UNION FOR PERIOD OF 01.01.2020-31.12.2022.THE DATE OF COLLECTIVE LABOR AGREEMENT IS 30.03.2020.SAYS INCREASE IN SOCIAL BENEFITS IS BETWEEN 11% - 13%.SAYS GROSS WAGE INCREASE IS BETWEEN 14% - 19% IN FIRST YEAR BASED ON YEARS OF SENIORITY AND IS DETERMINED AS ANNUAL CPI RATE TO BE ANNOUNCED BY TURKSTAT FOR SECOND AND THIRD YEAR.  Full Article

Migros Ticaret Decides Not To Pay Dividend For FY 2019
Tuesday, 24 Mar 2020 

March 24 (Reuters) - MIGROS TICARET AS ::DECIDES NOT TO PAY DIVIDEND FOR FY 2019.  Full Article

Migros To Hire 1,000 New Employees In 2 Weeks For Online Businesses
Monday, 23 Mar 2020 

March 23 (Reuters) - MIGROS TICARET AS ::MIGROS HIRES 1,000 NEW EMPLOYEES IN 2 WEEKS TO RESPOND INCREASING CUSTOMER DEMAND IN ONLINE BUSINESSES.  Full Article

Migros Ticaret Net Loss Shrinks To 492.1 Million Lira YoY
Tuesday, 3 Mar 2020 

March 3 (Reuters) - MIGROS TICARET : :SAID ON MONDAY FY NET LOSS AT 492.1 MILLION LIRA VERSUS NET LOSS AT 835.6 MILLION LIRA YEAR AGO.FY REVENUE AT 23.19 MILLION LIRA VERSUS 18.72 BILLION LIRA YEAR AGO .  Full Article

Migros Ticaret Expects Consolidated Sales Growth Target To Be 15%-16% For 2020
Thursday, 16 Jan 2020 

Jan 16 (Reuters) - MIGROS TICARET AS ::EXPECTS CONSOLIDATED SALES GROWTH TARGET TO BE 15%-16% FOR 2020.EXPECTS CAPITAL EXPENDITURES TO BE AROUND 400 MILLION LIRA FOR 2020.NUMBER OF STORES TO BE OPENED IN 2020 IS 120.  Full Article

Migros Ticaret Says Collective Labor Agreement Talks To Start On Jan 14
Monday, 13 Jan 2020 

Jan 14 (Reuters) - MIGROS TICARET ::SAID ON MONDAY NEGOTIATIONS FOR NEW TERM COLLECTIVE LABOR AGREEMENT WILL START ON 14 JANUARY 2020.  Full Article

Kenan Investment And Moonlight Capital To Divest %11.1 Shares Abroad In Migros - KAP
Friday, 22 Nov 2019 

Nov 22 (Reuters) - PUBLIC DISCLOSURE PLATFORM (KAP)::KENAN INVESTMENT, MOONLIGHT CAPITAL AND CITIGROUP MARKETS DECIDES TO INCREASE SHARES TO BE DIVESTED.ACCORDING TO THE NEW AGREEMENT, MOONLIGHT CAPITAL AND KENAN INVESTMENT TO DIVEST %11.1 SHARES ABROAD IN MIGROS - KAP.WHEN AGREEMENT IS CLOSED, KENAN INVESTMENT EXPECTS TO HAVE %11.8 SHARES IN MIGROS - KAP.SALE PRICE PER SHARE IS SET AT 22.50 LIRA.SALE IS EXPECTED TO BE COMPLETED IN 29.11.2019 - KAP.  Full Article

Migros Accelerated Bookbuild Books Are Covered - Bookrunner
Friday, 22 Nov 2019 

Nov 21 (Reuters) - Bookrunner::BLOCK TRADE: MIGROS ACCELERATED BOOKBUILD - BOOKRUNNER SAYS BOOKS ARE COVERED, PRICING / TIMING GUIDANCE TO FOLLOW.BLOCK TRADE: MIGROS ACCELERATED BOOKBUILD - BOOKRUNNER SAYS DEAL WILL PRICE AT TL 22.50 / 9.1% DISCOUNT.BLOCK TRADE: MIGROS ACCELERATED BOOKBUILD - BOOKRUNNER SAYS BOOKS ARE COVERED AT THAT PRICE BOOKS CLOSE AT 6PM UK.  Full Article

Migros Accelerated Bookbuild: Bookrunner Says Offering Size Of About 18.1M Shares / C. Tl 410M (C. $70M) / C. 10% Of Co
Thursday, 21 Nov 2019 

Nov 21 (Reuters) - Migros Ticaret AS ::BLOCK TRADE: MIGROS ACCELERATED BOOKBUILD - BOOKRUNNER SAYS OFFERING SIZE: C. 18.1M SHARES / C. TL 410M (C. $70M) / C. 10% OF THE COMPANY.BLOCK TRADE: MIGROS ACCELERATED BOOKBUILD - BOOKRUNNER PRICE GUIDANCE: TL 22.00 - TL 23.00 / 7.0% - 11.1% DISCOUNT.  Full Article

BRIEF-Migros To Hire 1,000 New Employees In Next 10 Days

* MIGROS SAYS HIRED 2,200 NEW EMPLOYEES (1,200 FOR ONLİNE OPERATİONS AND 1,000 FOR THE STORES) IN LAST 10 DAYS