Turkell Iletisim Hizmetleri Sees FY24 Revenue Growth Target Of High-single-digit, EBITDA Margin Target Of Around 42%, And Operational Capex Over Sales Ratio Target Of Around 23%
Portfolio Pulse from Benzinga Newsdesk
Turkell Iletisim Hizmetleri (TKC) has set its FY24 financial targets, aiming for high-single-digit revenue growth, an EBITDA margin of around 42%, and an operational capex over sales ratio target of around 23%.
March 20, 2024 | 5:03 pm
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Turkell Iletisim Hizmetleri (TKC) has announced its financial targets for FY24, including high-single-digit revenue growth, an EBITDA margin of around 42%, and an operational capex over sales ratio of around 23%.
Setting clear financial targets, especially with an optimistic revenue growth and a strong EBITDA margin, is generally viewed positively by the market. The operational capex over sales ratio indicates significant investment in operations, which could further drive growth. These factors combined suggest a positive short-term impact on TKC's stock price.
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