Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  ISTANBUL STOCK EXCHANGE  >  Coca Cola Icecek AS    CCOLA   TRECOLA00011

COCA COLA ICECEK AS

(CCOLA)
  Report
SummaryNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Coca Cola Icecek : Notification of Fitch Rating Decision

07/07/2017 | 02:45am EST
FOR GENERAL RELEASE TO THE PUBLIC July 7, 2017 Notification of Fitch Rating Decision

Fitch Ratings has upgraded Coca-Cola Icecek A.S.'s (CCI) Long Term Foreign Currency (FC) Issuer Default Rating (IDR) and senior unsecured rating to 'BBB' from 'BBB-'. The Long- Term Local Currency (LC) IDR is affirmed at 'BBB'. The IDR Outlooks are Stable.

The Long-Term FC and LC IDRs have been taken up one notch to reflect the operational and strategic relationship with The Coca-Cola Company (TCCC) and Fitch's view of diminished transfer and convertibility risks. The implied support by TCCC is reflected by Fitch in its LC IDR which has been rated 'BBB' with Stable Outlook since 2009. Becoming the highest rated Corporate by Fitch in Turkey, CCI's 'BBB' rating is now two-notches above the sovereign rating and one-notch above the Country Ceiling.

Company Profile

CCI is the fifth-largest bottler in the Coca-Cola System in terms of sales volume. CCI produces, distributes and sells sparkling and still beverages of The Coca-Cola Company (TCCC) across Turkey, Pakistan, Kazakhstan, Azerbaijan, Kyrgyzstan, Turkmenistan, Jordan, Iraq, Syria and Tajikistan.

CCI employs close to 10,000 people and has a total of 25 plants, offering a wide range of beverages to a consumer base of 380 million people. In addition to sparkling beverages, the product portfolio includes juices, waters, sports and energy drinks, teas and iced teas.

CCI's shares are traded on Borsa Istanbul (BIST) under "CCOLA.IS", American depositary receipts (ADR) are traded over the counter in the United States under "COLAY", Eurobond is traded on Irish Stock Exchange under "CCOLAT" tickers.

Contacts

Michael Coombs Chief Financial Officer

Tel: +90 216 528 4410

michael.coombs@cci.com.tr

Deniz Can Yücel Investor Relations Manager Tel: +90 216 528 3386

deniz.yucel@cci.com.tr

Coca-Cola Icecek Investor Relations I Tel: +90 216 528 3392 I Fax: +90 216 510 7008 I CCI-IR@cci.com.tr I www.cci.com.tr

Page 1 of 1

PUBLIC

Coca-Cola Içecek AS published this content on 07 July 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 07 July 2017 06:45:04 UTC.


© Publicnow 2017
All news about COCA COLA ICECEK AS
01/08COCA COLA ICECEK : 2020 Volume Announcement
PU
01/08COCA COLA ICECEK : 2021 Sales Volume Guidance
PU
01/03COCA COLA ICECEK : Announcement Regarding LLC Coca-Cola Bottlers Uzbekistan, Ltd
PU
2020COCA COLA ICECEK : Announcement Regarding Coca-Cola İçecek A.Ş.'s CEO ..
PU
2020COCA COLA ICECEK : CEO Burak Başarır's Interview with Bloomberg
PU
2020COCA COLA ICECEK : Cancellation of the Extraordinary General Assembly
PU
2020COCA COLA ICECEK : Extraordinary General Assembly Invitation
PU
2020COCA COLA ICECEK : Dividend Distribution Proposal
PU
2020COCA COLA ICECEK : Collective Bargaining Agreement
PU
2020COCA COLA ICECEK : Announcement Regarding Organization Change
PU
More news
Financials
Sales 2020 14 218 M 1 919 M 1 919 M
Net income 2020 1 533 M 207 M 207 M
Net Debt 2020 1 387 M 187 M 187 M
P/E ratio 2020 13,8x
Yield 2020 3,43%
Capitalization 20 897 M 2 827 M 2 820 M
EV / Sales 2020 1,57x
EV / Sales 2021 1,30x
Nbr of Employees 8 040
Free-Float 25,6%
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 15
Average target price 76,42 TRY
Last Close Price 82,15 TRY
Spread / Highest target 17,1%
Spread / Average Target -6,98%
Spread / Lowest Target -33,9%
EPS Revisions
Managers and Directors
NameTitle
Burak Basarir Chief Executive Officer
Tuncay Özilhan Chairman
Andriy Avramenko Chief Financial Officer
Leyla Deliç Chief Information Officer
Mehmet Cem Kozlu Director
Sector and Competitors
1st jan.Capitalization (M$)
COCA COLA ICECEK AS2 827
THE COCA-COLA COMPANY-10.74%208 383
KEURIG DR PEPPER INC.-1.66%44 286
COCA-COLA HBC AG-4.59%11 290
SUNTORY BEVERAGE & FOOD LIMITED-0.41%10 822
TINGYI (CAYMAN ISLANDS) HOLDING CORP.2.72%9 867