News Column

Dogus Otomotiv 2Q14 results

August 20, 2014

Dogus Otomotiv has released 2Q14 results. Revenues increased 14% YoY to TRY 1,843mn, EBITDA was up 7% YoY to TRY 98mn, while net profit rose 30% YoY to TRY 85mn. Net debt increased 45% from the end of 1Q14 and reached TRY 1,375mn, which implies net debt/LTM EBITDA of 4.6x.

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Source: EMBIN (Emerging Markets Business Information News)

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