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English
oda_ForwardLookingEvaluationsAbstract|
Forward Looking Evaluations
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Update Notification Flag
Evet (Yes)
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Correction Notification Flag
Hayır (No)
oda_DateOfThePreviousNotificationAboutTheSameSubject|
Date Of The Previous Notification About The Same Subject
10.06.2024
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Postponed Notification Flag
Hayır (No)
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Announcement Content
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Explanations
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Based on the results of the first ten months of the year in the automotive sector, we have made some changes in our expectations for 2024.

Our revised expectations for 2024 are as follows:

· Domestic Market: While we expect the total market size of our segments to grow at mid-teens percentages compared to 2023, we also expect our total domestic sales volumes in 2024 to increase by high single digits.

(Previously: Although we expect the total market size of our segments to decline by around 20-25% compared to 2023, we expect a smaller decline in our total domestic sales volumes in 2024 compared to the contraction in the market thanks to the diversity of our portfolio.

· International Markets: Although we expect a low single-digit decline in our international export activities in terms of units, we expect a high single-digit increase in our $-based turnover with the impact of our strong product portfolio.

(Previously: Although the regulatory changes to be implemented in Europe will cause the sales projected for the second half of the year to be delayed to the following months, we expect our total export sales in 2024 to be in line with 2023 due to the increasing product diversity and the impact of increased sales outside Europe. )

Yours faithfully,

This statement has been translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail.