Last updated: February 16, 2018
1 minutes read
More growth to come
Turkcell shares are up 2.4% in the wake of Q4 earnings where the company hit all-time high revenues and EBITDA.v
It also hit a nine-year high for EBITDA margin, at 37.3%, up 3.4 percentage points. Revenues rose 15.4%, and EBITDA rose 26.8%. Net income, meanwhile, doubled to 716M Turkish lira after excluding an impact of 500M lira from tax settlement.
For guidance, it's targeting group revenue growth of 13-15%, EBITDA margin of 33-35%, and operational capex-to-sales ratio of 18-19%.
