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Vestel Elektronik Sanayi ve Ticaret AS (VESTL.IS)

VESTL.IS on Istanbul Stock Exchange

7.38TRY
13 Dec 2017
Change (% chg)

0.09TL (+1.23%)
Prev Close
7.29TL
Open
7.36TL
Day's High
7.40TL
Day's Low
7.26TL
Volume
4,657,241
Avg. Vol
15,044,619
52-wk High
11.83TL
52-wk Low
6.08TL

Latest Key Developments (Source: Significant Developments)

Vestel Elektronik's bid for Toshiba Visual Solutions declined
Wednesday, 15 Nov 2017 07:00am EST 

Nov 15 (Reuters) - VESTEL ELEKTRONIK ::ITS OFFICIAL BID FOR ACQUIRING TOSHIBA VISUAL SOLUTIONS CORPORATION DECLINED BY TOSHIBA CORPORATION .THE BRAND LICENSE AGREEMENT BETWEEN WHOLLY OWNED UNIT VESTEL TICARET AND TOSHIBA VISUAL SOLUTIONS CORPORATION IS STILL IN EFFECT.  Full Article

Vestel Elektronik's shareholder Zorlu Holding is potential investor in Turkey's Automotive Project
Thursday, 2 Nov 2017 08:24am EDT 

Nov 2 (Reuters) - VESTEL ELEKTRONIK ::ITS CONTROLLING SHAREHOLDER ZORLU HOLDING IS POTENTIAL INVESTOR IN TURKEY'S AUTOMOTIVE PROJECT.ZORLU HOLDING SIGNS JOINT VENTURE GROUP PROTOCOL FOR TURKEY'S AUTOMOTIVE PROJECT.TURKEY'S AUTOMOTIVE PROJECT IS COORDINATED BY MINISTRY OF SCIENCE INDUSTRY AND TECHNOLOGY AND TURKISH UNION OF CHAMBERS AND COMMODITY EXCHANGES .  Full Article

Vestel Elektronik Q3 net result turns to loss of 57.1 mln lira YoY
Monday, 30 Oct 2017 11:15am EDT 

Oct 30 (Reuters) - VESTEL ELEKTRONIK SANAYI VE TICARET AS ::Q3 NET LOSS OF 57.1 MILLION LIRA VERSUS PROFIT OF 90.0 MILLION LIRA YEAR AGO.Q3 REVENUE OF 2.89 BILLION LIRA VERSUS 2.12 BILLION YEAR AGO.  Full Article

Vestel Elektronik bids initial offer to buy South Korean Dongbu Daewoo
Friday, 27 Oct 2017 10:25am EDT 

Oct 27 (Reuters) - VESTEL ELEKTRONIK SANAYI VE TICARET AS ::OFFERS TO BUY ALL SHARES OF DONGBU DAEWOO ELECTRONICS CORPORATION.NEGOTIATIONS AND EVALUATIONS ARE CONTINUING WITH SELLERS BEFORE THE FINAL BIDDING.  Full Article

Vestel Elektronik secures $120.0 million equivalent syndication credit
Thursday, 28 Sep 2017 02:54am EDT 

Sept 28 (Reuters) - VESTEL ELEKTRONIK SANAYI VE TICARET AS ::SAID ON WEDNESDAY SIGNED CREDIT AGREEMENT WITH 6 INTERNATIONAL BANK TO SECURE $120 MILLION EQUIVALENT SYNDICATION CREDIT.THE CREDIT IS WITH VARIOUS RATES 2 YEARS GRACE PERIOD AND 5 YEARS MATURITY.THE CREDIT TO BE USED IN THE FIRST WEEK OF OCTOBER.  Full Article

Vestel Elektronik Q2 net profit rises to 93.9 million lira
Wednesday, 9 Aug 2017 11:30am EDT 

Aug 9 (Reuters) - VESTEL ELEKTRONIK :Q2 NET PROFIT OF 93.9 MILLION LIRA VERSUS 68.9 MILLION LIRA YEAR AGO.Q2 REVENUE OF 2.96 BILLION LIRA VERSUS 2.40 BILLION LIRA YEAR AGO.  Full Article

Vestel Elektronik decides to set up unit in Dubois
Wednesday, 7 Jun 2017 02:26am EDT 

June 7 (Reuters) - VESTEL ELEKTRONIK ::SAID ON TUESDAY THAT ITS 100 PERCENT UNIT VESTEL TICARET DECIDES TO SET UP A UNIT IN DUBAI NAMED VESTEL ELECTRONICS GULF DMCC.NEW UNIT WILL OPERATE ON MARKETING AND SALES OPERATIONS IN MIDDLE EAST AND AFRICA.  Full Article

Vestel Elektronik Q1 net profit drops to 38.4 million lira
Wednesday, 3 May 2017 11:51am EDT 

May 3 (Reuters) - Vestel Elektronik Sanayi ve Ticaret AS ::Q1 net profit of 38.4 million lira ($10.86 million) versus profit of 107.5 million lira year ago.Q1 revenue of 2.38 billion lira versus 2.25 billion lira year ago.  Full Article

Vestel Elektronik proposes no dividend for 2016
Tuesday, 11 Apr 2017 10:07am EDT 

Vestel Elektronik Sanayi ve Ticaret AS :Proposes not to pay FY 2016 dividend due to previous years' losses.  Full Article

Vestel wins Istanbul New Airport's information displays tender-Bulletin
Tuesday, 11 Apr 2017 04:57am EDT 

Vestel Bulletin : Vestel wins information displays tender for Istanbul new airport which is planned to be completed in the first quarter of 2018 . Information displays will be located counters and door areas, at the airport entrance and waiting areas . Vestel Group's Chairman of the Executive Committee Turan Erdogan says these displays, which are a special industrial product of the sector, will transmit uninterrupted information to all passengers, from flight times to door and counter information Further company coverage: [VESTL.IS] (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article