Financial Information

Summary Financials

(Amounts expressed in million Turkish Lira (“TRY”) unless otherwise indicated.)
  2015 2016 2017 2018 2019* 2020* 2021* 2022* 9M 2023*
Net Sales 1,843 2,160 2,576 3,132 3,704 4,015 5,796 9,837 12,035
EBITDA** 235 333 365 408 809 942 1,353 2,346 2,952
EBITDA Margin** 12.8% 15.4% 14.2% 13.0% 21.8% 23.5% 23.3% 23.8% 24.5%
Net Profit (43) (49) (133) (104) 56 123 355 1,675 1,707
Net Profit Margin (2.3%) (2.3%) (5.2%) (3.3%) 1.5% 3.1% 6.1% 17.0% 14.2%
                   
Total Equity 322 265 105 576 238 349 669 1,807 2,627
Total Assets 2,302 2,435 2,721 3,239 3,914 4,572 5,748 8,436 11,885
Net Debt 1,207 1,259 1,381 1,243 2,066 2,117 2,069 2,053 3,073

*IFRS 16 adjustments are included in 2019, 2020, 2021, 2022 and 9M 2023.

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