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Coca-Cola Icecek AS (CCOLA.IS)

CCOLA.IS on Istanbul Stock Exchange

34.12TRY
10 Dec 2017
Change (% chg)

-0.20TL (-0.58%)
Prev Close
34.32TL
Open
34.40TL
Day's High
34.68TL
Day's Low
34.12TL
Volume
266,655
Avg. Vol
312,831
52-wk High
44.30TL
52-wk Low
31.84TL

Latest Key Developments (Source: Significant Developments)

Coca-Cola Icecek Q3 net profit rises to 240.8 million lira
Thursday, 2 Nov 2017 02:56am EDT 

Nov 2 (Reuters) - COCA-COLA ICECEK ::REPORTED ON WEDNESDAY Q3 NET PROFIT OF 240.8 MILLION LIRA VERSUS 154.2 MILLION LIRA YEAR AGO .Q3 REVENUE OF 2.75 BILLION LIRA VERSUS 2.24 BILLION LIRA YEAR AGO .  Full Article

Coca-Cola Icecek Q2 net profit rises to 231.3 mln lira
Tuesday, 8 Aug 2017 02:53am EDT 

Aug 8 (Reuters) - COCA-COLA ICECEK AS ::REPORTED ON MONDAY Q2 REVENUE OF 2.56 BILLION LIRA VERSUS 2.13 BILLION LIRA YEAR AGO.Q2 NET PROFIT OF 231.3 MILLION LIRA VERSUS PROFIT OF 148.1 MILLION LIRA YEAR AGO.  Full Article

Coca-Cola Icecek Q1 net result swings to loss of 86.0 million lira
Wednesday, 3 May 2017 11:59am EDT 

May 3 (Reuters) - Coca-cola Icecek AS ::Q1 net loss of 86.0 million lira ($24.33 million) versus profit of 29.4 million lira year ago.Q1 revenue of 1.56 billion lira versus 1.30 billion lira year ago.  Full Article

Coca-Cola Icecek withdraws from CCBA stake purchase transaction
Wednesday, 5 Apr 2017 01:44am EDT 

Coca-Cola Icecek A.S. : Said on Tuesday that it completed evaluation to buy stake in Coca-Cola Beverages Africa (CCBA) from The Coca-Cola Company (TCCC) . Concluded that other future regional opportunities would potentially be a better strategic fit for the company .To continue to engage with TCCC to identify appropriate territorial expansion opportunities in other geographies but will not be submitting an offer for CCBA.  Full Article

Coca-Cola Icecek plans to open its 10th plant in Turkey with 110 mln lira investment
Thursday, 30 Mar 2017 01:07am EDT 

Coca-cola Icecek AS : Plans to open its 10th plant in Turkey, in the Isparta region . The plant is expected to be fully operational in the second quarter of 2017 . The state-of-the-art production facility will have annual capacity of 220 million liters - around 40 million unit cases - and will provide direct and indirect employment to approximately 300 people . The total amount of investment for the plant is 110 million lira ($30.17 million) .The Isparta facility will have two lines capable of producing ice tea, juice and sparkling products in can and PET packages.  Full Article

Coca-Cola Icecek 2016 net result turns to loss of 28.4 million lira
Wednesday, 1 Mar 2017 11:14am EST 

Coca-cola Icecek AS : FY 2016 loss of 28.4 million lira ($7.76 million) versus profit of 117.2 million lira year ago . FY 2016 revenue of 7.05 billion lira versus 6.72 billion lira year ago . FY 2016 profit from operating activities at 640.7 million lira versus 639.5 million lira year ago . 2017 net sales revenue growth is expected to be ahead of volume growth while EBITDA margn is expected to remain flat or expand slightly compared to 2016 . In addition, expects 2017 net debt / EBITDA to be below 2x and capex/sales ratio to be around 8% . Plans to complete 2017 with positive free cash flow .Consolidated volume to grow at mid-single digits in 2017.  Full Article

Coca-Cola Icecek FY 2016 consolidated sales volume up 3.2 pct in line with company guidance
Thursday, 12 Jan 2017 10:16am EST 

Coca-cola Icecek As : Consolidated sales volume increased by 5.0% in 4Q16, while volume growth for FY 16 was 3.2%, in line with company guidance . The share of Turkey operations within total sales volume remained the same in FY 2016 versus a year ago, at 51% . International operations delivered 8.7% volume growth in 4Q16 as Pakistan operations continued to post double digit volume growth and Central Asia operations turned positive, cycling 12.2% volume contraction in 4Q15 .Sales volume of international operations posted 5.2% growth in FY16.  Full Article

Coca-Cola Icecek signs collective labour agreement
Wednesday, 5 Oct 2016 01:31am EDT 

Coca-Cola Icecek AS :Signs collective labour agreement with Tek-Gida labour union.  Full Article

Coca-Cola Icecek names Michael Coombs as CFO as of Jan. 1, 2017
Tuesday, 27 Sep 2016 08:45am EDT 

Coca-cola Icecek AS :Michael Coombs will be re-joining CCI to assume the Chief Financial Officer (CFO) position as of as of Jan. 1, 2017.  Full Article

Fitch affirms Coca-Cola Icecek long-term foreign currency IDR, cuts outlook
Friday, 26 Aug 2016 02:09am EDT 

Coca-Cola Icecek AS : Fitch affirms Long-Term Foreign Currency Issuer Default rating (IDRs) at BBB changes the outlook to 'negative' from 'stable' .All ratings including Local Currency Issuer Default rating (IDR) and senior unsecured rating have been affirmed at BBB.  Full Article

BRIEF-Coca-Cola Icecek Q3 net profit rises to 240.8 million lira

* REPORTED ON WEDNESDAY Q3 NET PROFIT OF 240.8 MILLION LIRA VERSUS 154.2 MILLION LIRA YEAR AGO