Turkcell Iletisim Hizmetleri AS Raises FY23 Guidance On The Back Of Accelerating Growth Thanks To Our Customer-Focused Strategies; We Anticipate Consolidated Revenue Growth Of Around 71%
Portfolio Pulse from Happy Mohamed
Turkcell Iletisim Hizmetleri AS has raised its FY23 guidance due to accelerating growth from customer-focused strategies. The company anticipates a consolidated revenue growth of around 71% and EBITDA of approximately TRY 37.0 billion. The ratio of operational capital expenditures to sales is expected to be around 22%, consistent with previous expectations.
August 17, 2023 | 3:41 pm
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Turkcell's upward revision of its FY23 guidance due to accelerating growth could positively impact its stock price.
Turkcell's upward revision of its FY23 guidance indicates strong performance and confidence in future growth. This positive outlook could attract investors, potentially driving up the stock price.
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