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Vestel Elektronik Sanayi ve Ticaret AS (VESTL.IS)

VESTL.IS on Istanbul Stock Exchange

7.17TRY
20 Nov 2017
Change (% chg)

0.11TL (+1.56%)
Prev Close
7.06TL
Open
6.94TL
Day's High
7.21TL
Day's Low
6.90TL
Volume
19,287,885
Avg. Vol
14,146,915
52-wk High
11.83TL
52-wk Low
5.45TL

Latest Key Developments (Source: Significant Developments)

Vestel Elektronik's bid for Toshiba Visual Solutions declined
Wednesday, 15 Nov 2017 

Nov 15 (Reuters) - VESTEL ELEKTRONIK ::ITS OFFICIAL BID FOR ACQUIRING TOSHIBA VISUAL SOLUTIONS CORPORATION DECLINED BY TOSHIBA CORPORATION .THE BRAND LICENSE AGREEMENT BETWEEN WHOLLY OWNED UNIT VESTEL TICARET AND TOSHIBA VISUAL SOLUTIONS CORPORATION IS STILL IN EFFECT.  Full Article

Vestel Elektronik's shareholder Zorlu Holding is potential investor in Turkey's Automotive Project
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - VESTEL ELEKTRONIK ::ITS CONTROLLING SHAREHOLDER ZORLU HOLDING IS POTENTIAL INVESTOR IN TURKEY'S AUTOMOTIVE PROJECT.ZORLU HOLDING SIGNS JOINT VENTURE GROUP PROTOCOL FOR TURKEY'S AUTOMOTIVE PROJECT.TURKEY'S AUTOMOTIVE PROJECT IS COORDINATED BY MINISTRY OF SCIENCE INDUSTRY AND TECHNOLOGY AND TURKISH UNION OF CHAMBERS AND COMMODITY EXCHANGES .  Full Article

Vestel Elektronik Q3 net result turns to loss of 57.1 mln lira YoY
Monday, 30 Oct 2017 

Oct 30 (Reuters) - VESTEL ELEKTRONIK SANAYI VE TICARET AS ::Q3 NET LOSS OF 57.1 MILLION LIRA VERSUS PROFIT OF 90.0 MILLION LIRA YEAR AGO.Q3 REVENUE OF 2.89 BILLION LIRA VERSUS 2.12 BILLION YEAR AGO.  Full Article

Vestel Elektronik bids initial offer to buy South Korean Dongbu Daewoo
Friday, 27 Oct 2017 

Oct 27 (Reuters) - VESTEL ELEKTRONIK SANAYI VE TICARET AS ::OFFERS TO BUY ALL SHARES OF DONGBU DAEWOO ELECTRONICS CORPORATION.NEGOTIATIONS AND EVALUATIONS ARE CONTINUING WITH SELLERS BEFORE THE FINAL BIDDING.  Full Article

S&P affirmed Vestel Elektronik's B- long-term credit rating
Tuesday, 27 Sep 2016 

Vestel Elektronik Sanayi ve Ticaret AS :S&P affirmed the company's B- long-term corporate credit rating, outlook is stable.  Full Article

Taiwan's Compal Electronics says it will sell LCD TV assembly plant in Poland to Turkey's Vestel Ticaret
Friday, 2 Sep 2016 

Taiwan's Compal Electronics Inc <2324.TW> : Says it will sell its liquid-crystal-display TV assembly plant in Poland to Turkey's Vestel Ticaret A.S. . Says it expects deal to be completed before end of Q4 . Says deal will give it better cost performance and operational flexibility . Says it will continue to cooperate with major channels, new branding, and work with local manufacturers to supply the European market Further company coverage: [2324.TW] (Reporting by J.R. Wu) ((jr.wu@thomsonreuters.com;)).  Full Article

Vestel Elektronik: brand licence deal with Sharp Corp. is valid until 2020, refutes media reports
Thursday, 1 Sep 2016 

Vestel Elektronik Sanayi ve Ticaret AS : Media reports sourced by Japan's Nikkei newspaper stating that Sharp Corporation to start talks with company's unit Vestel Ticaret regarding buy back of brand licence rights of production and sales/marketing of white goods in Europe don't reflect the reality .The aforementioned licence agreement with Sharp Corp. is valid until 2020.  Full Article

Vestel Ticaret signs brand license agreement with Toshiba Visual
Thursday, 1 Sep 2016 

Vestel Elektronik Sanayi ve Ticaret AS : Unit Vestel Ticaret signs brand license agreement with Toshiba Visual Solutions . The agreement includes rights of TV production, sales, marketing and distribution in European market under Toshiba brand license . The agreement is initially for 5 years period .With the agreement targets to increase company's competitiveness, brand sales and market share of Toshiba brand TVs over 5 percent in the middle term in the European market.  Full Article

Sharp Corp to buy back brand license for white goods in Europe from Vestel - Nikkei<6753.T>
Thursday, 1 Sep 2016 

Nikkei: Sharp Corp to begin negotiations to repurchase its brand licensing rights for white goods in Europe from Turkey-based Vestel . Source (http://s.nikkei.com/2bWfBNO) ((Further company coverage: [6753.T])) ((Bangalore.newsroom@thomsonreuters.com)).  Full Article

Vestel Elektronik Q2 net profit rises to 68.9 million lira
Friday, 5 Aug 2016 

Vestel Elektronik Sanayi ve Ticaret AS : Q2 net profit of 68.9 million lira ($22.87 million) versus 41.7 million lira year ago .Q2 revenue of 2.40 billion lira versus 1.93 billion lira year ago.  Full Article