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English
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Forward Looking Evaluations
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At the Migros Board of Directors meeting dated 14 January 2020;

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 2020 as follows.

Guidance 2020

  • Number of stores to be opened  in 2020: 120
  • Consolidated sales growth target  (with respect to 2019): 15-16%
  • Capital Expenditures: ~ TL 400 million

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