(+) TAV Airports announced its 3Q17 financials (in line) and revised up its guidance TAV Airports posted TRY417mn net income in 3Q17 which is in line with the market expectation of TRY424mn. While the company’ revenues were at TRY1,323mn vs. the market expectation of TRY1,453mn, EBITDA figure realized at TRY808mn in line with the estimates. Following the results the company revised up its 2017 guidance. The company now expect to see 4-6% passenger growth in Istanbul Ataturk Int’l (pre: 1-3%) and 6-8% growth in Origin & Destination (pre.:flat) passenger growth. Accordingly, the company expects an EBITDAR growth of 6-8% vs. the previous flattish expectation along with 1-3% revenue growth.
(+) TAV Havalimanlari 3Ç17 finansal sonuçlarını açıkladı ve beklentilerini revize etti Şirket beklentilere paralel TRY417mn net kar ve TRY808mn FAVÖK elde etti. Açıklanan rakamlar sonrası şirket ciro ve EBITDAR büyüme beklentilerini yukarı yönlü revize etti. Buna göre şirket 6-8% seviyesinde FAVKÖK, 1-3% seviyesinde ise ciro büyümesi beklemektedir.
