Company Arçelik Anonim Sirketi

Equities

ARCLK

TRAARCLK91H5

Appliances, Tools & Housewares

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

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Holdings

Company contact information

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Sales per Business

Sales per region

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Quarterly earnings - Rate of surprise

Sector Household Appliances

Delayed Borsa Istanbul Other stock markets 10:35:40 2024-04-25 am EDT			5-day change	1st Jan Change
168.1 ^TRY	+3.70%		+4.02%	+30.74%

Mar. 07	Arcelik, Whirlpool Deal Cleared by U.K. Competition Regulator	DJ
Mar. 01	Transcript : Arçelik Anonim Sirketi, Q4 2023 Earnings Call, Mar 01, 2024

Arcelik AS is a Turkey-based company, which is engaged in the production, sales and marketing, customer services after sales, exportation and importation of consumer durable goods and consumer electronics. The Group operates more than 17 manufacturing plants in Turkey, Romania, Russia, China, Republic of South Africa, Thailand and Pakistan. It operates under the following business segments: White Goods, Consumer Electronics and Other. The White Goods segment comprises washing machines, dryers, dish washers, refrigerators, ovens, cookers and the services provided for these products. The Consumer Goods segment comprises televisions primarily with flat screens, computers, cash registers, other electronic devices and the services provided to consumers for these products. The Other segment comprises the revenues from air conditioners, home appliances and furniture and kitchen gadgets except products included in White Goods and Consumer Electronics.

Number of employees: 41,042

TRY in Million	2022	Weight	2023	Weight	Delta
Household Appliances 76.7 %	105,589	78.8 %	197,173	76.7 %	+86.74%
Other 15.9 %	19,116	14.3 %	41,006	15.9 %	+114.52%
Consumer Electronics 7.4 %	9,211	6.9 %	18,924	7.4 %	+105.46%

TRY in Million	2022	Weight	2023	Weight	Delta
Europe 38.9 %	54,393	40.6 %	99,893	38.9 %	+83.65%
Turkey 37.4 %	40,765	30.4 %	96,152	37.4 %	+135.87%
Asia Pacific 14.1 %	24,043	18.0 %	36,267	14.1 %	+50.84%
Other 4.9 %	7,396	5.5 %	12,634	4.9 %	+70.82%
Africa 4.7 %	7,319	5.5 %	12,158	4.7 %	+66.11%

Managers	Title	Age	Since
Hakan Hamdi Bulgurlu CEO	Chief Executive Officer	51	10-08-31
Özkan Çimen DFI	Director of Finance/CFO	-	11-12-31
Nihat Bayiz CTO	Chief Tech/Sci/R&D Officer	-	92-12-31
Umut Nazif Çelik CMP	Compliance Officer	-	-
Levent Çakiroglu BRD	Director/Board Member	57	09-03-24
Fatih Kemal Ebiçlioglu BRD	Director/Board Member	56	05-03-31
Mine Sule Yazgan IRC	Investor Relations Contact	-	22-10-31
Toygan Pulat HRO	Human Resources Officer	-	21-04-30
Akin Garzanli SAM	Sales & Marketing	-	11-02-28
Murad Åžahin PRN	Corporate Officer/Principal	-	-

Members of the board	Title	Age	Since
Rahmi Mustafa Koç CHM	Chairman	93	67-03-15
Semahat Sevim Arsel BRD	Director/Board Member	96	06-04-04
Ali Yildirim Koç BRD	Director/Board Member	57	09-03-24
Kamil Ömer Bozer BRD	Director/Board Member	66	18-03-18
Robert Sonman BRD	Director/Board Member	-	94-04-14
Levent Çakiroglu BRD	Director/Board Member	57	09-03-24
Hakan Hamdi Bulgurlu CEO	Chief Executive Officer	51	10-08-31
Ahmet Turul BRD	Director/Board Member	65	19-03-18
Müzeyyen Münire Gülay Barbarosoglu BRD	Director/Board Member	-	18-03-18
Tugrul Fadillioglu BRD	Director/Board Member	-	20-03-24

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	675,728,000	207,923,580 ( 30.77 %)	68,876,000 ( 10.19 %)	30.77 %

Name	Equities	%	Valuation
KOÇ HOLDING 41.43 %	279,954,195	41.43 %	1 281 M ₺
Burla Family 17.61 %	118,995,734	17.61 %	544 M ₺
Koc Family 11.42 %	77,168,159	11.42 %	353 M ₺
ARÇELIK ANONIM SIRKETI 10.19 %	68,856,704	10.19 %	315 M ₺
Koc Holding Emekli Yardim Sandigi Vakfi 4.270 %	28,853,594	4.270 %	132 M ₺
ÖKOWORLD LUX SA 0.5790 %	3,912,158	0.5790 %	18 M ₺
Pension Reserves Investment Management Board 0.1525 %	1,030,356	0.1525 %	5 M ₺
Vehbi Koc Vakfi 0.1200 %	810,873	0.1200 %	4 M ₺
Oddo BHF Asset Management GmbH 0.1175 %	794,087	0.1175 %	4 M ₺
Eurizon Investimenti SGR SpA 0.0877 %	592,759	0.0877 %	3 M ₺

Name	Equities	%	Valuation
PNC Investments LLC 0.000050 %	68	0.000050 %	1 566 ₺

Name	Equities	%	Valuation
ARÇELIK ANONIM SIRKETI 10.19%	68,856,704	10.19%	314,997,387 $

Arçelik AS

Karaagaç Caddesi 2-6 Sütlüce

34445, Beyoglu

+90 212 314 34 34

http://www.arcelikglobal.com

Name	Category and Sector
Arctic SA Arctic SA Industrial ConglomeratesProducer Manufacturing Arctic SA provides home appliances. It products include home appliances washing machines, embeddable and cookers, washing machines, and dishwasher. The company founded in 1968 and is headquartered in Bucharest, Romania.	Industrial Conglomerates
Ardutch BV Ardutch BV Electronics/AppliancesConsumer Durables Ardutch BV operates as a financial holding company with interests home appliances. The company is headquartered in Amsterdam, the Netherlands.	Electronics/Appliances
Beko Electronics España SL
Arçelik Hitachi Home Appliances Sales Malaysia Sdn. Bhd. Arçelik Hitachi Home Appliances Sales Malaysia Sdn. Bhd. Wholesale DistributorsDistribution Services Arçelik Hitachi Home Appliances Sales Malaysia Sdn. Bhd. provides consumer electronic products. Its products include refrigerator, air conditioner, washing machine, water pumps, air purifiers and vacuum cleaner. The firm offers audio and video equipment and home appliances. The company was founded in 1972 and is headquartered in Bandar Baru Bangi, Malaysia.	Wholesale Distributors
Arçelik Hitachi Home Appliances Sales (Singapore) Pte Ltd. Arçelik Hitachi Home Appliances Sales (Singapore) Pte Ltd. Wholesale DistributorsDistribution Services Arçelik Hitachi Home Appliances Sales (Singapore) Pte Ltd. sells and distributes electronic appliances. Its products include refrigerator, microwave oven, rice cooker, washing machine, air purifier, vacuum center, air conditioner, projector, and beauty products. The company is headquartered in Singapore.	Wholesale Distributors
Beko A & NZ Pty Ltd. Beko A & NZ Pty Ltd. Wholesale DistributorsDistribution Services Part of Arçelik AS, Beko A & NZ Pty Ltd. is a home appliance company based in Ormeau, Australia. The Australian company offers a range of durable and functional home appliances at affordable prices, including ovens and dishwashers. Altus, a brand under Beko A & NZ, provides a standard two-year warranty for all their appliances and offers an option to extend it to three years. Customers can explore their range of easy-to-use appliances online.	Wholesale Distributors
Grundig Multimedia AG
Arçelik Pazarlama AS Arçelik Pazarlama AS Electronics/Appliance StoresRetail Trade Part of Arçelik AS, Arçelik Pazarlama AS is a private company based in Istanbul, Turkey. The Turkish company sells consumer electronic products.	Electronics/Appliance Stores
WAT Motor Sanayi ve Ticaret AS WAT Motor Sanayi ve Ticaret AS Tools & HardwareConsumer Durables Part of Koç Holding A.S., WAT Motor Sanayi ve Ticaret AS is a Turkish company based in Tekirdag, Turkey. The private company produces electric motors, including three-phase aluminum motors, single-phase motors, fan motors, and servo systems. The company also offers customer-specific solutions for various applications, including water and wastewater management, agriculture and industrial machines, material transport and lifting, and the maritime industry. The company was founded in 1965, and Cemal Seref Oguzhan Özturk has been the CEO since 2018. In 2021, the company was acquired by Koç Holding A.S. from Arçelik AS for $2.01 million.	Tools & Hardware
Arcelik Hitachi Home Appliances BV Arcelik Hitachi Home Appliances BV Electronics/AppliancesConsumer Durables Arcelik Hitachi Home Appliances BV is a Dutch company that manufactures and sells home appliances. The joint venture company is located in Netherlands.	Electronics/Appliances
Arçelik Hitachi Home Appliances Sales (Thailand) Ltd.
Arcelic Hitachi Home Appliances (Thailand) Co. Ltd.
Arçelik Hitachi Home Appliances IBC Co., Ltd.

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OUTPERFORM

Number of Analysts

Last Close Price

162.1 TRY

Average target price

194.7 TRY

Spread / Average Target

+20.10%

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Consumer Cyclicals

Cyclical Consumer Products

Household Goods

Appliances, Tools & Housewares

Household Appliances

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HANGZHOU ROBAM APPLIANCES CO., LTD.	+9.27%	3.1B
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COWAY CO., LTD.	-2.10%	2.95B
GUANGDONG XINBAO ELECTRICAL APPLIANCES HOLDINGS CO., LTD	+24.37%	2.06B

Household Appliances