Edition:
United Kingdom

TAV Havalimanlari Holding AS (TAVHL.IS)

TAVHL.IS on Istanbul Stock Exchange

23.00TRY
21 Aug 2019
Change (% chg)

0.00TL (+0.00%)
Prev Close
23.00TL
Open
23.10TL
Day's High
23.20TL
Day's Low
22.64TL
Volume
1,198,261
Avg. Vol
1,175,842
52-wk High
33.40TL
52-wk Low
20.70TL

Latest Key Developments (Source: Significant Developments)

Tav Airports Consortium Submits Bid For Tender To Operate Sofia Airport With 35 Years Concession Contract
Friday, 26 Apr 2019 

April 26 (Reuters) - TAV HAVALIMANLARI HOLDING AS ::CONSORTIUM FORMED BY TAV AIRPORTS HOLDING AND OUR MAIN SHAREHOLDER GROUPE ADP, SUBMITTED A BID FOR THE TENDER TO OPERATE AND DEVELOP SOFIA AIRPORT IN BULGARIA.CONSORTIUM SUBMITTED THE BID WITH 35 YEARS CONCESSION CONTRACT.  Full Article

Tav Airports Announces Discontinuation Of Operations At Ataturk Airport
Monday, 8 Apr 2019 

April 8 (Reuters) - TAV AIRPORTS ::SAYS ATATURK AIRPORT OPERATIONS ARE TERMINATED AS OF APRIL 06 DUE TO TRANSFER OF ALL COMMERCIAL FLIGHTS TO ISTANBUL AIRPORT.NUMBER OF PERSONNEL WHOSE EMPLOYMENT CONTRACTS WERE OR WILL BE TERMINATED IS AROUND 4.500.SAYS TOTAL AMOUNT OF SEVERANCE AND TERMINATION PAYS THAT WAS OR WILL BE PAID IS AROUND 204 MILLION LIRA.COMPENSATION FOR LOSS OF PROFIT FOR EARLY TERMINATION OF ATATURK AIRPORT OPERATIONS IS CURRENTLY BEING EVALUATED BY STATE AIRPORTS AUTHORITY (DHMI) AND TAV.SAYS DHMI HAD STATED IT WOULD REIMBURSE OUR CO'S FOR LOSS OF PROFIT THAT MAY BE INCURRED DUE TO OPENING OF NEW ISTANBUL AIRPORT BEFORE END OF LEASE PERIOD WHICH ENDS ON JANUARY 3, 2021 .EXPECTS NO MATERIAL EFFECT.  Full Article

Tav Airports Proposes To Pay Cash Dividend At Net 1,77 Lira Per Share On March 20
Wednesday, 13 Feb 2019 

Feb 13 (Reuters) - TAV HAVALIMANLARI HOLDING AS ::PROPOSES TO PAY CASH DIVIDEND AT NET 1,77 LIRA PER SHARE ON MARCH 20.  Full Article

TAV Airports Guidance 2019
Wednesday, 13 Feb 2019 

Feb 13 (Reuters) - TAV HAVALIMANLARI HOLDING AS ::SEES TOTAL TAV AIRPORTS PAX (EXCLUDING ISTANBUL ATATURK AIRPORT) AT 90 TO 94 MILLION FOR 2019.SEES EBITDA (EXCLUDING ISTANBUL ATATURK AIRPORT) AT 38-42 PERCENT LOWER IN 2019.SEES CAPEX BETWEEN EUR 70 MILLION TO EUR 80 MILLION IN 2019.  Full Article

Tav Airports FY Net Profit Surges To 1.45 Billion Lira YoY
Wednesday, 13 Feb 2019 

Feb 13 (Reuters) - TAV HAVALIMANLARI HOLDING AS ::FY NET PROFIT OF 1.45 BILLION LIRA VERSUS 718.2 MILLION LIRA YEAR AGO.FY REVENUE OF 6.66 BILLION LIRA VERSUS 4.69 BILLION LIRA YEAR AGO.  Full Article

TAV Airports Q3 Net Profit Surges To 671.4 Million Lira YoY
Friday, 26 Oct 2018 

Oct 26 (Reuters) - TAV HAVALIMANLARI HOLDING AS ::Q3 NET PROFIT OF 671.4 MILLION LIRA VERSUS 423.1 MILLION LIRA YEAR AGO.Q3 REVENUE OF 2.23 BILLION LIRA VERSUS 1.41 BILLION LIRA YEAR AGO.  Full Article

TAV Airports Says Havas, Altur Turizm And Free Turizm Consortium Is Awarded Shuttle Bus Service Operations Tender
Tuesday, 4 Sep 2018 

Sept 4 (Reuters) - TAV HAVALIMANLARI HOLDING AS ::CONSORTIUM, FORMED BY OUR FULLY OWNED SUBSIDIARY HAVAS, ALTUR TURIZM AND FREE TURIZM WAS AWARDED THE SHUTTLE BUS SERVICE OPERATIONS TENDER.OPERATING PERIOD IS 10 YEARS STARTING FROM THE OPENING DATE OF THE NEW ISTANBUL AIRPORT.OPERATIONS ARE GOING TO BE CARRIED OUT WITH 150 BUSES ON 18 DIFFERENT ROUTES IN ISTANBUL.  Full Article

Tav Airports Revises Outlook For FY 2018
Thursday, 26 Jul 2018 

July 26 (Reuters) - TAV HAVALIMANLARI HOLDING AS ::SEES MORE THAN 30 PERCENT GROWTH IN TOTAL TAV PASSENGERS (WHICH WAS 10 TO 12 PERCENT).SEES 8 TO 10 PERCENT GROWTH IN ISTANBUL ATATURK AIRPORT INTERNATIONAL PASSENGERS (WHICH WAS 6 TO 8 PERCENT).SEES 11 TO 13 PERCENT GROWTH IN ISTANBUL ATATURK AIRPORT INTERNATIONAL O&D PASSENGERS (WHICH WAS 9 TO 11 PERCENT).SEES 4 TO 6 PERCENT GROWTH IN CONSOLIDATED REVENUE (WHICH WAS 2 TO 4 PERCENT).SEES 14 TO 16 PERCENT GROWTH IN EBITDA (WHICH WAS 5 TO 7 PERCENT).SEES SIGNIFICANT DOUBLE DIGIT INCREASE IN NET PROFIT IN 2018.SEES AROUND EUR 120 MILLION CAPITAL EXPENDITURES IN FY 2018 YOY (WHICH WAS AROUND EUR 80 MILLION).  Full Article

Tav Airports Q2 Net Profit Jumps To 426.4 Million Lira YoY
Thursday, 26 Jul 2018 

July 26 (Reuters) - TAV HAVALIMANLARI HOLDING AS ::Q2 NET PROFIT OF 426.4 MILLION LIRA VERSUS 189.9 MILLION LIRA YEAR AGO.Q2 REVENUE OF 1.55 BILLION LIRA VERSUS 1.15 BILLION LIRA YEAR AGO.  Full Article

Tav Havalimanlari Q3 net profit rises to 417.1 mln lira
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - TAV HAVALIMANLARI HOLDING AS ::SAID ON TUESDAY Q3 REVENUE OF 1.32 Billion LIRA VS 951.3 MILLION LIRA YEAR AGO.Q3 NET PROFIT OF 417.1 MILLION LIRA VS 256.5 MILLION LIRA YEAR AGO.33.333% OF BTA HAVALIMANLARI TO BE ACQUIRED FROM BILINTUR BILKENT TURIZM FOR EUR 9.5 MILLION.AFTER THE TRANSACTION TAV TO HOLD 100% OF BTA HAVALIMANLARI.REVISED TARGETS FOR 2017 DUE TO BETTER THAN EXPECTED PASSENGER RECOVERY AND UPDATED FX ASSUMPTIONS.REVISED 2017 TOTAL NUMBER OF PASSENGERS SERVED BY TAV AIRPORTS GUIDANCE 4% TO 5% / 6% TO 8%.REVISED 2017 REVENUE GUIDANCE (EUR) FLAT / 1% TO 3%.REVISED 2017 EBITDAR (EBITDA BEFORE RENT) GUIDANCE (EUR) FLAT/6% TO 8%.REVISED 2017 TOTAL GUIDANCE CAPEX AROUND EUR50M / AROUND EUR50M.  Full Article

UPDATE 1-Bulgaria picks Munich airport consortium to run Sofia airport

SOFIA, July 17 Bulgaria has picked a consortium comprising asset manager Meridiam and the operator of Munich Airport to run and operate Sofia Airport, the Balkan country's main air transport hub, the transport minister said on Wednesday.