Investor Presentaiton
FY2023 Management Guidance
Previous (08.06.2023)
Revised (19.09.2023)
Revised (11.12.2023)
Consolidated Revenue Growth
75% ± 5%
Turkiye Retail Stores
5 net new stores
7 store expansions
EBITDA Margin
18% ±0.5% (exc. IFRS16)
22% ±0.5% (inc. IFRS16)
80% +
8 net new stores
7 store expansions
19% ±0.5% (exc. IFRS16)
22.5% ±0.5% (inc. IFRS16)
85% +
Confirmed
20% ±0.5% (exc. IFRS16)
23.5% ±0.5% (inc. IFRS16)
Net Debt/EBITDA
Net Cash Position (exc.
IFRS16)
Confirmed
Confirmed
CAPEX
3% of consolidated sales
Confirmed
Confirmed
Trading Update for Q4 2023
> Turkiye retail sales increased 104% in November and 125% in the first 10 days of December
mavi
› Online sales in Turkiye grew 102% in November and 109% in the first 10 days of December
40
40View entire presentation