[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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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
04.03.2020
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Postponed Notification Flag
Hayır (No)
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Announcement Content
oda_ExplanationSection|
Explanations
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On the 4th March 2020, 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 2020 and the information regarding the reasons of the differences, in case the material differences occur between the expectations and the actuals.


Due to positive realization in the first half of 2020,  some guidances for the year 2020 are updated as follows;


Sales growth                                                     32% (+- 2) (old guidance - 23% +- 2)

EBITDA Margin (*)                                            6,0% (+- 0,5) ( old guidance - 5,0% +-0,5)



(*) 2020 EBITDA margın target does not reflect IFRS 16 – lease standards possible effects. With IFRS 16 impact, the targets correspond 8,2% (+-50 bps).



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