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Koç Holding Investor E-Bulletin |
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March 2011 |
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To Our Valued Shareholders, As Koç Holding, we have closed 2010 with strong growth in both revenues and also international sales, maintaining our focus on profitability. Our revenues and profit before tax registered 20% and 23% increase respectively. Consolidated exports improved by 29% despite the sluggish demand conditions in the export markets and strong Turkish lira through most of 2010. In line with the revival in economic activity in the domestic market, the capacity utilization... |
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Koç Holding Investor Relations Team |
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FY10 RESULTS |
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SHARE PERFORMANCE |
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Major highlights of FY10 financial results are as follows: ‐ Revenues: TL53,812mn (US$35,865mn) ‐ Operating Profit: TL4,105mn (US$2,736mn) ‐ EBITDA: TL5,073mn (US$3,381mn) ‐ Net Income: TL1,734mn (US$1,156mn) ‐ EBITDA Margin: 9.4% ‐ Operating Profit Margin: 7.6% |
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ECONOMIC OUTLOOK |
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2010 has been a very good year in financial markets in Turkey. Availability of cheap and abundant liquidity in global markets combined with stellar economic growth, sound public finances and strong banking sector in Turkey have pushed the stock exchange index to record high levels... |
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2010 was a good year for the global equity markets, fuelled by the low interest rates and ample liquidity, and emerging markets topped the list in terms of returns. Istanbul Stock Exchange was one of the top performing equity markets in 2010 and ISE-100 index increased by 21% in $ terms... |
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Koç Holding Economic Research |