[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
Related Companies
[]
Related Funds
[]
English
oda_ForwardLookingEvaluationsAbstract|
Forward Looking Evaluations
oda_UpdateAnnouncementFlag|
Update Notification Flag
Hayır (No)
oda_CorrectionAnnouncementFlag|
Correction Notification Flag
Hayır (No)
oda_DateOfThePreviousNotificationAboutTheSameSubject|
Date Of The Previous Notification About The Same Subject
-
oda_DelayedAnnouncementFlag|
Postponed Notification Flag
Hayır (No)
oda_AnnouncementContentSection|
Announcement Content
oda_ExplanationSection|
Explanations
oda_ExplanationTextBlock|

FY2024 outlook does not incorporate any potential impacts associated with the adoption of TAS 29 (Financial Reporting in Hyperinflationary Economies). The annual changes are based on FY2023 financials which exclude inflationary accounting impact. FY2023 financials without the impact of TAS 29 will be disclosed together with year-end results, which will include the impact of TAS 29.

Our expectations for FY2024 are as follows:

Consolidated sales volume growth is expected to be at low-to-mid single digit

Beer sales volume is expected to grow slightly. While international beer operations' volume is expected to grow slightly; Türkiye beer volume is to stay flat due to high base of 2023.

Soft drinks sales volume is to grow by mid-single digit

Türkiye soft drinks volume is to grow by mid-single digit

International soft drinks volume is to grow mid-single digit

Consolidated Net Sales Revenue growth is expected to be at low-thirties on FX-Neutral basis

Beer revenue is to grow by low-twenties on FX-Neutral basis

Soft drinks revenue is to grow by low-forties on FX-Neutral basis

Consolidated EBITDA Margin is expected to decline around 100 bps

Beer EBITDA margn is expected to decline around 200 bps with some downside risk

Soft drinks EBIT margn is to stay flat compared to last year

*2024 outlook reflects management expectations and is based upon currently available data. Actual results are subject to future events and uncertainties including but not limited to macro-economic, financial, geopolitical and political risks, which could materially impact the Company's actual performance