[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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Forward Looking Evaluations
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Explanations
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On the 6th March 2019, Board of Directors decided to grant authority Haluk Dortluoğlu, Executive Committee Member and CFO, to disclose to the public the expectations of the Company for 2019 and the information regarding the reasons of the differences, in case the material differences occur between the expectations and the realizations.

In accordance with this decision, expectations for the year 2019 is listed as follows;


  • Consolidated new store openings 820 stores

  • Sales growth                                                     %25 (+- 2)

  • EBITDA Margin (*)                                            %5,0 (+- 0,5)

  • Capital Expenditures                                         1.100 million TL

(*) 2019 EBITDA margn target does not reflect IFRS 16 – lease standards possible effects .


In the event of a contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail