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Vestel Elektronik Sanayi ve Ticaret AS

VESTL.IS

Latest Trade

16.75TRY

Change

-0.23(-1.35%)

Volume

3,328,551

Today's Range

16.56

 - 

17.15

52 Week Range

6.33

 - 

17.84

As of on the Istanbul Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
16.98
Open
17.11
Volume
3,328,551
3M AVG Volume
198.41
Today's High
17.15
Today's Low
16.56
52 Week High
17.84
52 Week Low
6.33
Shares Out (MIL)
335.46
Market Cap (MIL)
5,625.60
Forward P/E
--
Dividend (Yield %)
--

Latest Developments

More

Vestel Elektronik Decides To Issue Bonds Up To 750 Million Lira Domestically

Vestel Elektronik Expands Brand Licensing Agreement Between Its Unit Vestel Ticaret And Sharp Corporation By Including Smart Products

Vestel Elektronik To Issue Debt Instrument Worth Up To 750.0 Mln Lira To Qualified Domestic Investors

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About Vestel Elektronik Sanayi ve Ticaret AS

Vestel Elektronik Sanayi ve Ticaret A.S. (Vestel) is a Vestel Group Company based in Turkey, engaged in the manufacture, marketing and distribution of consumer electronics, digital technologies, household appliance and information technologies. It operates in three main segments: television and electronics; refrigerator, air conditioning units, washing machines and cookers, and digital devices. Its product portfolio includes liquid crystal display (LCD) television sets (TV), plasma TV, digital set-top boxes. The Company has production facilities in Manisa and Izmir in the Aegean Region of Turkey, and in Vladimir Region of Russia. Domestic and foreign marketing and distribution of all Vestel products are undertaken by Vestel Marketing and Vestel Foreign Trading, respectively. The Company is a subsidiary of Collar holding B.V. In September, 2013, Zorlu Holding AS raised its interest to 77.54% from 2.73%, by acquiring a 74.81% interest, in the Company.

Contact Info

Levent 199 Buyukdere Cad. No 199 Sisli

+90.212.4563456

http://www.vestelyatirimciiliskileri.com

Executive Leadership

Enis Turan Erdogan

Chairman of the Executive Committee

Ahmet Nazif Zorlu

Non-Executive Chairman of the Board of Directors

Ismail Murat Sarpel

General Manager, Executive Committee Member

Bekir Agirdir

Independent Non-Executive Vice Chairman of the Board of Directors

Alp Dayi

Chief Financial Officer, Executive Committee Member

Key Stats

2.00 mean rating - 1 analysts
Sell
Hold
Buy
Revenue (MM, TRY)

2016

9.5K

2017

12.1K

2018

15.9K

2019(E)

17.8K
EPS (TRY)

2016

0.500

2017

0.160

2018

1.110

2019(E)

0.670
Price To Earnings (TTM)
12.12
Price To Sales (TTM)
0.32
Price To Book (MRQ)
1.62
Price To Cash Flow (TTM)
5.26
Total Debt To Equity (MRQ)
230.72
LT Debt To Equity (MRQ)
6.50
Return on Investment (TTM)
12.60
Return on Equity (TTM)
2.59

Latest News

Latest News

Turkey unveils first fully homemade car in $3.7 billion bet on electric

Turkey unveiled its first fully domestically-produced car on Friday, saying it aimed to eventually produce up to 175,000 a year of the electric vehicle in a project expected to cost 22 billion lira ($3.7 billion) over 13 years.

BRIEF-Vestel Elektronik Expands Brand Licensing Agreement Between Its Unit Vestel Ticaret And Sharp Corporation By Including Smart Products

* SAID ON WEDNESDAY HAS DECIDED TO EXPAND BRAND LICENSING AGREEMENT BETWEEN ITS 100%-OWNED UNIT VESTEL TICARET AND SHARP CORPORATION BY INCLUDING SMART PRODUCTS UNTIL END OF 2024

Turkey - Factors to Watch on Dec 23

Here are news, reports and events that may affect Turkish financial markets on Monday.

Turkey - Factors to Watch on Dec 20

Here are news, reports and events that may affect Turkish financial markets on Friday.

Turkey - Factors to Watch on Nov 7

Here are news, reports and events that may affect Turkish financial markets on Thursday.

UPDATE 1-Turkey eases credit card payment rules to support consumption

Turkey's banking watchdog has eased payment regulations for credit cards, raising the maximum number of instalments and cutting repayment levels as it looks to support domestic consumption in a struggling economy.

Deals of the day-Mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday:

Turk Telekom, Turkey's Vestel clinch deal after Erdogan call to snub iPhone

Turkish fixed-line operator Turk Telekom said on Friday that it clinched a cooperation deal with Vestel after President Tayyip Erdogan called on Turks to use locally-made mobile phones instead of Apple's iPhone.

Erdogan says Turkey will boycott U.S. electronics, lira steadies

President Tayyip Erdogan said on Tuesday that Turkey would boycott electronic products from the United States, retaliating in a row with Washington that has helped drive the lira to record lows.

Erdogan says Turkey will boycott U.S. electronic products

President Tayyip Erdogan said on Tuesday Turkey would boycott electronic products from the United States, which has imposed sanctions and raised tariffs against Ankara in a dispute about the detention of a U.S. evangelical pastor.

BRIEF-Vestel Elektronik Q2 Net Profit Rises To 128.8 Million Lira

* SAID ON MONDAY Q2 REVENUE 3.89 BILLION LIRA VERSUS 2.96 BILLION LIRA YEAR AGO

BRIEF-Establishes Joint Venture for Turkey's Car Industry and Commerce

* SAID ON SATURDAY VESTEL ELEKTRONIK ESTABLISHES JOINT VENTURE FOR TURKEY'S CAR INDUSTRY AND COMMERCE WITH ANADOLU GRUBU HOLDING, TURKCELL ILETISIM, KARSAN OTOMOTIV AND BMC

BRIEF-Vestel Elektronik To Use State Incentives For Battery Factory And Electric Car Investments

* TO USE STATE INCENTIVES FOR BATTERY FACTORY AND ELECTRIC CAR INVESTMENTS Source text for Eikon: Further company coverage: (Gdynia Newsroom)

Turkey to award $34 billion in incentives to corporate projects: economy ministry

Turkey will award a total of 137.4 billion lira ($34 billion) in incentives to projects by companies including Vestel <VESTL.IS>, Tosyali, Metcap and Sasa <SASA.IS>, the economy ministry said on Monday.

Turkey's Zorlu Holding CEO says preparing units for IPO

Turkey's Zorlu Holding is preparing its units for initial public offerings either in the domestic market or abroad, its chief executive Omer Yungul told Reuters on Friday, and it was also considering using international capital markets instruments.

BRIEF-Vestel Elektronik Sanayi FY 2017 Net Profit Slumps To 55.1 Mln Lira

* FY 2017 NET PROFIT OF 55.1 MILLION LIRA VERSUS 167.7 MILLION LIRA YEAR AGO

BRIEF-Vestel Elektronik Says Zorlu Holding Signs Pre-Contract Worth $4.50 Bln With Chinese GSR Capital

* CONTROLLING SHAREHOLDER ZORLU HOLDING SIGNS PRE-CONTRACT WORTH $4.5 BILLION WITH CHINESE GSR CAPITAL

Turkey - Factors to Watch on Feb 26

Here are news, reports and events that may affect Turkish financial markets on Monday.

Turkey's Zorlu Holding signs $4.5 billion battery deal with China's GSR Capital

Turkey's Zorlu Holding has signed an agreement with Chinese investment firm GSR Capital for investments in battery production totaling $4.5 billion until 2023, Zorlu's chief executive said on Sunday.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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