Financial Information

Summary Financials

(Amounts expressed in million Turkish Lira (“TRY”) unless otherwise indicated.)
  2015 2016 2017 2018 2019* 2020* 2021* H1 2021* H1 2022*
Net Sales 1,843 2,160 2,576 3,132 3,704 4,015 5,796 2,542 4,417
EBITDA** 235 333 365 408 809 942 1,353 596 1,040
EBITDA Margin** 12.8% 15.4% 14.2% 13.0% 21.8% 23.5% 23.3% 23.4% 23.5%
Net Profit (43) (49) (133) (104) 56 123 355 174 604
Net Profit Margin (2.3%) (2.3%) (5.2%) (3.3%) 1.5% 3.1% 6.1% 6.9% 13.7%
                   
Total Equity 322 265 105 576 238 349 669 514 1,122
Total Assets 2,302 2,435 2,721 3,239 3,914 4,572 5,748 5,091 6,613
Net Debt 1,207 1,259 1,381 1,243 2,066 2,117 2,069 2,126 1,344

*IFRS 16 adjustments are included in 2019, 2020, 2021, H1 2021, and H1 2022.

**EBITDA and EBITDA margin calculated by deducting general administrative expenses from gross profit and adding depreciation and amortization expenses.