Financial Information

Summary Financials

Amounts expressed in million Turkish Lira (“TRY”) unless otherwise indicated.)
  2015 2016 2017 2018
Net Sales 1,843 2,160 2,576 3,132
Adjusted EBITDA* 238 312 409 505
Adjusted EBITDA Margin* 12.9% 14.4% 15.9% %16.1
Net Profit (43) (49) (133) (104)
Net Profit Margin (2.3%) (2.3%) (5.2%) (3.3%)
         
Total Equity 322 265 105 576
Total Assets 2,302 2,435 2,721 3,239
Net Debt 1,210 1,259 1,381 1,243

*Based on Reported EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) /EBITDAR (Earnings Before Interest, Taxes, Depreciation, Amortization and Rent Expenses) adjusted for one-time (income) / expenses, net and non-cash GAAP provision expenses