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Coca-Cola Icecek AS (CCOLA.IS)

CCOLA.IS on Istanbul Stock Exchange

30.02TRY
24 Jun 2019
Change (% chg)

1.08TL (+3.73%)
Prev Close
28.94TL
Open
28.96TL
Day's High
30.26TL
Day's Low
28.80TL
Volume
622,051
Avg. Vol
402,903
52-wk High
37.16TL
52-wk Low
24.72TL

Latest Key Developments (Source: Significant Developments)

Coca-Cola Icecek Proposes To Pay Cash Dividend At Net 1,00 Lira Per Share On May 31 With Single Instalment
Wednesday, 3 Apr 2019 

April 4 (Reuters) - COCA-COLA ICECEK ::REPORTED ON WEDNESDAY REVISES ITS PROPOSAL TO PAY CASH DIVIDEND AT NET 1,00 LIRA PER SHARE ON MAY 31 WITH SINGLE INSTALMENT .  Full Article

Coca-Cola Icecek FY Net Profit Up At 326.8 Million Lira
Thursday, 28 Feb 2019 

Feb 28 (Reuters) - COCA-COLA ICECEK ::SAID ON WEDNESDAY FY NET PROFIT 326.8 MILLION LIRA VERSUS 237.6 MILLION LIRA YEAR AGO.FY REVENUE 10.62 BILLION LIRA VERSUS 8.39 BILLION LIRA YEAR AGO.PROPOSES TO PAY DIVIDEND IN TWO TRANCHES FOR 2018.TO PAY GROSS 0.59 LIRA PER SHARE IN FIRST TRANCHE AND GROSS 0.59 LIRA PER SHARE IN SECOND TRANCHE.  Full Article

Coca-Cola Icecek Announces 2019 Guidance
Wednesday, 27 Feb 2019 

Feb 28 (Reuters) - COCA-COLA ICECEK ::SAID ON WEDNESDAY EXPECTS FLAT SALES VOLUME IN TURKEY FOR 2019.FOR SALES VOLUME: EXPECTS 3 PERCENT - 5 PERCENT GROWTH ON CONSOLIDATED BASIS FOR 2019.FOR SALES VOLUME: EXPECTS 6 PERCENT - 8 PERCENT GROWTH IN INTERNATIONAL OPERATIONS.EXPECTS 16 PERCENT - 18 PERCENT NET REVENUE GROWTH ON A CONSOLIDATED BASIS (FX-NEUTRAL) FOR 2019.EXPECTS SLIGHT IMPROVEMENT ON EBITDA MARGIN ON A CONSOLIDATED BASIS FOR 2019.EXPECTS 7 PERCENT - 8 PERCENT CAPEX SALES ON A COMPARABLE BASIS FOR 2019.  Full Article

Coca-Cola Icecek Says CFO Michael Coombs To Step Down, Effective Dec 31
Wednesday, 3 Oct 2018 

Oct 4 (Reuters) - COCA-COLA ICECEK ::SAID ON WEDNESDAY CHIEF FINANCIAL OFFICER MICHAEL COOMBS WILL STEP DOWN TO TAKE UP A NEW OPPORTUNITY IN JAPAN, EFFECTIVE DEC 31.CCI'S NEW CFO WILL BE ANNOUNCED IN DUE COURSE.  Full Article

Coca-Cola Icecek Q2 Net Profit Drops To 187.3 Million Lira
Wednesday, 8 Aug 2018 

Aug 9 (Reuters) - COCA-COLA ICECEK ::REPORTED ON WEDNESDAY Q2 REVENUE 3.16 BILLION LIRA VERSUS 2.56 BILLION LIRA YEAR AGO.Q2 NET PROFIT 187.3 MILLION LIRA VERSUS 231.3 MILLION LIRA YEAR AGO.  Full Article

Coca-Cola Icecek Medium-Term Guidance
Tuesday, 22 May 2018 

May 22 (Reuters) - COCA-COLA ICECEK ::SEES VOLUME GROWTH AT 4% - 6% ON A CONSOLIDATED BASIS FOR 2018-2020.SEES NET REVENUE GROWTH 10% - 12% ON A CONSOLIDATED BASIS FOR 2018-2020.SEES EBITDA MARGIN AT SLIGHT IMPROVEMENT ON A CONSOLIDATED BASIS FOR 2018-2020.SEES CAPEX/SALES AT 7% - 8% FOR 2018-2020.SEES NET DEBT/ EBITDA AT LOWER THAN 1.5X FOR 2018-2020.  Full Article

Coca-Cola Icecek Inaugurates Its Sixth Production Plant In Pakistan
Friday, 20 Apr 2018 

April 20 (Reuters) - COCA-COLA ICECEK ::INAUGURATES ITS 6TH PRODUCTION PLANT IN PAKISTAN IN FAISALABAD.TOTAL AMOUNT OF INVESTMENT FOR THE PLANT IS $45 MILLION.WITHIN NEXT THREE YEARS, TOTAL INVESTMENT OF $250 MILLION IN PAKISTAN HAS BEEN PLANNED.  Full Article

Coca-Cola Icecek Collective Bargaining Agreement With Tek-Gida Is Labour Union Is Finalised
Thursday, 19 Apr 2018 

April 20 (Reuters) - COCA-COLA ICECEK ::SAID ON THURSDAY COLLECTIVE BARGAINING AGREEMENT NEGOTIATIONS WITH TEK-GIDA IS LABOUR UNION ARE FINALISED .FOR FIRST YEAR OF AGREEMENT, GROSS WAGES OF UNION MEMBER EMPLOYEES WILL BE INCREASED BY 535 LIRA PER PERSON PER MONTH, EFFECTIVE 01.01.2018.IN SECOND YEAR OF AGREEMENT, GROSS WAGES WILL BE INCREASED BY RATE OF INCREASE IN CONSUMER PRICE INDEX PLUS 135 LIRA PER PERSON PER MONTH.ANNUAL SOCIAL PACKAGE WILL BE INCREASED BY APPROXIMATELY 13 PERCENT FOR FIRST YEAR AND BY RATE OF INCREASE IN CONSUMER PRICE INDEX FOR SECOND YEAR.  Full Article

Coca-Cola Icecek FY 2017 Consolidated Sales Volume Up At 4.1 Percent In Line With Company Guidance
Friday, 12 Jan 2018 

Jan 12 (Reuters) - Coca-Cola Icecek As ::FY 2017 CONSOLIDATED SALES VOLUME INCREASES BY 4.1 PERCENT, IN LINE WITH COMPANY GUIDANCE.SHARE OF TURKEY OPERATIONS WITHIN TOTAL SALES VOLUME IS 50 PERCENT IN FY 2017 VERSUS 51 PERCENT IN FY 2016.FY 2017 TURKEY OPERATIONS DELIVERS VOLUME GROWTH OF 3.3 PERCENT.FY 2017 INTERNATIONAL OPERATIONS DELIVERS 4.9 PERCENT VOLUME GROWTH.  Full Article

Coca-Cola Icecek And The Coca-Cola Company Renews Existing Bottling Agreement
Friday, 29 Dec 2017 

Dec 29 (Reuters) - Coca-Cola Icecek As ::COCA-COLA ICECEK AND THE COCA-COLA COMPANY RENEWS EXISTING BOTTLING AGREEMENT FOR FURTHER 10 YEARS EFFECTIVE JAN. 1‍​.  Full Article

UPDATE 1-Cherry-picking through Turkey's gloom: The funds staying put while others flee

* Economic slump, political climate are concerns (Adds Ashmore quote in final paragraph)