Turkcell posts record high Q1 revenue of USD1.1bn

30 Apr 2015

Turkcell Group has recorded its highest ever first quarter revenue figure, with its top-line reaching TRY2.978 billion (USD1.119 billion), representing year-on-year growth of 4.3%, up from TRY2.855 billion one year earlier. The lion’s share of sales were contributed by Turkcell’s domestic unit, which generated revenues of TRY2.711 billion in 1Q15, up 10% from TRY2.475 million y-o-y. EBITDA increased 4.5% from TRY887 million in 1Q14 to TRY927 million for the same period in 2015 – another record high – while the company’s EBITDA margin remained flat at 31.1%. Meanwhile, net income dropped to TRY141 million, down from TRY359 million in the year-ago period, impacted by Turkcell International’s TRY656 million net loss, which was prompted by currency devaluation; excluding foreign exchange movements, inflationary accounting in Belarus and one-off items, Turkcell notes that its net income would have increased 8.6% y-o-y to TRY655 million.

Group CEO Kaan Terziogle commented: ‘We have set a new structure for managing our mobile, fixed and TV businesses more effectively … Our aim is to extend our innovative approach and converged services … to the consumer segment. We believe that our converged offerings should advance customer loyalty, [increase] our competitive strength and [improve] operational efficiency, which together will underpin sustainable growth.’

Daha Fazla Göster

İlgili Makaleler

Bir cevap yazın

Başa dön tuşu

Reklam Engelleyici Algılandı

Reklam Engelleyici kullandığınız için, içeriğimizi görüntüleyemiyorsunuz. Biz, bağımsız yayın kuruluşu olarak, size sunduğumuz hizmetin maliyetini, reklam gelirleri ile karşılıyıoruz. İçeriğimizi görüntülemek ve reklam gelirlerimizi artırmamıza yardımcı olmak için reklam engelleyici uygulamanızı kapatarak yeniden deneyin.