Turkcell Iletisim Hizmetleri Sees Revenue Growth Of ~73% Up From ~71%, An EBITDA Of ~TRY39B Compared To ~TRY37B. Maintains Operational Capex Over Sales Ratio Guidance At ~22%
Portfolio Pulse from Benzinga Newsdesk
Turkcell Iletisim Hizmetleri has revised its revenue growth and EBITDA guidance for 2023 upward to around 73% and approximately TRY 39 billion, respectively. The company maintains its operational capital expenditures to sales ratio guidance at approximately 22%.
November 08, 2023 | 12:32 am
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Turkcell's upward revision of its 2023 revenue growth and EBITDA guidance could potentially boost investor confidence and positively impact its stock price in the short term.
The upward revision of revenue growth and EBITDA guidance indicates strong performance and profitability, which are key factors that investors consider when making investment decisions. This could lead to increased demand for the company's stock, thereby driving up its price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100