Eregli Demir ve Celik Fabrikalari T : -- Forward Looking Evaluations
August 07, 2020 at 05:09 pm EDT
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As per Article 10 of the 'Communiqué on Material Events Disclosure' (II-15.1) of Capital Markets Board with regards to the public disclosure of forward looking statements, Our Company's guidance for 2020 is as follows;
Guidance for 2020:
-Sales Volume: 8.5 million tons
Flat Sales: 7.4 million tons
Long Sales: 1.1 million tons
-EBITDA Margin: 16-18%
'2020 6 Months Presentation' including guidance for the year 2020 is accessible at www.oyakmadenmetalurji.com.tr / www.erdemir.com.tr Investor Relations section.
In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.
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Eregli Demir ve Çelik Fabrikalari TAS published this content on 07 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 August 2020 21:08:12 UTC
Eregli Demir ve Celik Fabrikalari TAS is a Turkey-based company, which is engaged in the production of iron and steel rolled products, alloyed and non-alloyed iron, steel and pig iron castings, cast and pressed products, coke and their by-products. The Company produces plates, hot and cold rolled, tin, chromium and zinc coated flat steel and supplies basic inputs to automotive, white goods, pipes and tubes, rolling, manufacturing, electrics-electronics, mechanical engineering, energy, heating equipment, shipbuilding, defense, and packaging industries. The Companyâs subsidiaries include: Erdemir Asia Pacific Pte Ltd, Erdemir Celik Servis Merkezi Sanayi ve Ticaret AS, Erdemir Madencilik Sanayi ve Ticaret AS, Erdemir Muhendislik Yonetim ve Danismanlik Hizmetleri AS, Erdemir-Romania SRL and Iskenderun Demir ve Celik AS.