[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|

At the Migros Board of Directors meeting dated 05 March 2019;

In line with the statements in the Material Events Communique (II-15.1) of Capital Markets Board regarding "providing guidance to the public", it is resolved to disclose the Company's operational and financial expectations for 2019 as follows.

Guidance 2019

  • Number of stores to be opened  in 2019: 100
  • Consolidated sales growth target  (with respect to 2018): 20%
  • Consolidated EBITDA margn: ~  6.0%*
  • Capital Expenditures: TL 300  million

* Excluding IFRS 16 impact


(In case of a discrepancy between the Turkish and the English versions of this disclosure, the Turkish version shall prevail.)