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Ford Otomotiv Sanayi AS (FROTO.IS)

FROTO.IS on Istanbul Stock Exchange

47.66TRY
21 Sep 2017
Change (% chg)

-0.34TL (-0.71%)
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Latest Key Developments (Source: Significant Developments)

Ford Otosan Q2 net profit rises to 361.6 million lira
Thursday, 3 Aug 2017 11:17am EDT 

Aug 3 (Reuters) - FORD OTOSAN :Q2 NET PROFIT OF 361.6 MILLION LIRA VERSUS 261.1 MILLION LIRA YEAR AGO.Q2 REVENUE OF 6.26 BILLION LIRA VERSUS 4.61 BILLION LIRA YEAR AGO.  Full Article

Ford Otosan to increase the annual production capacity its Gölcük plant to 330,000 units
Wednesday, 2 Aug 2017 11:11am EDT 

Aug 2 (Reuters) - FORD OTOSAN ::TO INCREASE THE ANNUAL PRODUCTION CAPACITY OF THE GÖLCÜK PLANT FROM 290,000 UNITS TO 330,000 UNITS.THE INVESTMENT WILL COST US$52 MILLION AND PLANNED FOR COMPLETION IN SEPTEMBER 2018.WHEN FINALIZED, THE PRODUCTION CAPACITY IN THREE PLANTS WILL RISE FROM 415,000 UNITS PER ANNUM TO 455,000 UNITS PER ANNUM.  Full Article

Ford Otosan Q1 net profit up at 272.3 mln lira
Wednesday, 26 Apr 2017 11:15am EDT 

April 26 (Reuters) - Ford Otosan ::Q1 net profit of 272.3 million lira ($76.11 million)versus 203.1 million lira year ago.Q1 revenue of 5.39 billion lira versus 4.19 billion lira year ago.  Full Article

Ford Otosan signs EUR 150 million credit agreement with EBRD
Tuesday, 25 Apr 2017 11:14am EDT 

April 25 (Reuters) - Ford Otosan ::Signs 150 million euro ($164.00 million) worth credit agreement with the European Bank for Reconstruction and Development (EBRD).  Full Article

Ford Otosan says in talks with EBRD for 150 mln euro investment loan
Thursday, 23 Mar 2017 11:13am EDT 

Ford Otosan :Says in talks with EBRD for 150 million euro ($161.72 million) investment loan.  Full Article

Ford Otosan recommends gross 1.14 lira/shr dividend for FY 2016
Wednesday, 22 Feb 2017 01:15am EST 

Ford Otomotiv Sanayi AS : Said on Tuesday that the board recommends gross 1.14 lira ($0.3152) per share dividend for FY 2016 . Proposed net dividend of 0.969 lira per share for Group A and C shares and net 1.14 lira per share for Group B shares .To start dividend payment on April 3.  Full Article

Ford Otomotiv Sanayi 2016 net profit up at 955.3 mln lira
Tuesday, 14 Feb 2017 10:26am EST 

Ford Otomotiv Sanayi AS : FY 2016 net profit of 955.3 million lira ($261.30 million)versus 841.9 million lira year ago .FY 2016 revenue of 18.29 billion lira versus 16.75 billion lira year ago.  Full Article

Ford Otomotiv Sanayi AS Q3 revenue down at 3.84 billion lira
Thursday, 27 Oct 2016 11:02am EDT 

Ford Otomotiv Sanayi AS : Q3 revenue of 3.84 billion lira ($1.24 billion) versus 4.20 billion lira year ago .Q3 net profit of 173.9 million lira versus 150.6 million lira year ago.  Full Article

Ford Otomotiv Q2 net profit jumps to 261.1 million lira
Tuesday, 2 Aug 2016 10:44am EDT 

Ford Otomotiv Sanayi AS : Q2 net profit of 261.1 million lira ($87.39 million) versus 174.3 million lira year ago .Q2 revenue of 4.61 billion lira versus 3.96 billion lira year ago.  Full Article

Ford Otomotiv Sanayi AS signs 100 million euros loan from EIB
Monday, 21 Dec 2015 11:23am EST 

Ford Otomotiv Sanayi AS:100 Million euros loan agreement is signed with European Investment Bank (EIB) to finance upcoming R&D investments of vehicle development projects in the following 2 years.The loan is projected to be utilized in the first quarter of 2016.Indicative annual interest rate is around 1.28% excluding bank charges.  Full Article

BRIEF-Ford Otosan Q2 net profit rises to 361.6 million lira

* Q2 NET PROFIT OF 361.6 MILLION LIRA VERSUS 261.1 MILLION LIRA YEAR AGO