March 6, 2020 / 6:26 AM / in 23 days

BRIEF-Sok Marketler Announces 2020 Guidance

March 6 (Reuters) - SOK MARKETLER:

* SAID ON THURSDAY SEES NET SALES TO GROW 21% (+/- 2%) FOR 2020

* SEES EBITDA MARGIN (EXCL. IFRS 16) OF 5.5% (+/- 0.5%) FOR 2020

* SEES EBITDA MARGIN (INCL. IFRS 16) OF 9.5% (+/- 0.5%) FOR 2020

* EXPECTS CAPEX AROUND 350 MILLION LIRA FOR 2020

* EXPECTS TO OPEN 750 (+/-50) NEW STORES IN 2020

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Further company coverage: (Gdansk Newsroom)

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