Stock VESTL VESTEL ELEKTRONIK SANAYI VE TICARET ANONIM SIRKETI
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Company Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi

Equities

VESTL

TRAVESTL91H6

Household Electronics

Market Closed - Borsa Istanbul
Other stock markets
 11:09:53 2024-04-26 EDT 		5-day change 1st Jan Change
84.45 TRY -0.06% Intraday chart for Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi -3.15% +82.63%
04-06 Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi Reports Earnings Results for the Full Year Ended December 31, 2023 CI
2023 Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023 CI

Business Summary

Vestel Elektronik Sanayi ve Ticaret A.S. (Vestel) is a Vestel Group Company based in Turkey, engaged in the manufacture, marketing and distribution of consumer electronics, digital technologies, household appliance and information technologies. It operates in three main segments: television and electronics; refrigerator, air conditioning units, washing machines and cookers, and digital devices. Its product portfolio includes liquid crystal display (LCD) television sets (TV), plasma TV, digital set-top boxes. The Company has production facilities in Manisa and Izmir in the Aegean Region of Turkey, and in Vladimir Region of Russia. Domestic and foreign marketing and distribution of all Vestel products are undertaken by Vestel Marketing and Vestel Foreign Trading, respectively. The Company is a subsidiary of Collar holding B.V. In September, 2013, Zorlu Holding AS raised its interest to 77.54% from 2.73%, by acquiring a 74.81% interest, in the Company.

Number of employees: 19,304

Sales per Business

TRY in Million2022Weight2023Weight Delta
White Goods
64.3 %
36,521 62.6 % 72,112 64.3 % +97.46%
Consumer and Mobility Electronics
35.7 %
21,853 37.4 % 40,104 35.7 % +83.51%

Sales per region

TRY in Million2022Weight2023Weight Delta
Europe
54.4 %
34,285 58.7 % 61,059 54.4 % +78.09%
Turkey
39.8 %
19,240 33.0 % 44,700 39.8 % +132.32%
Other
13.5 %
8,722 14.9 % 15,187 13.5 % +74.12%
Discounts
-7.8 %
-3,874 -6.6 % -8,731 -7.8 % +125.40%

Managers

Managers TitleAgeSince
Serap Mutlu IRC
 Investor Relations Contact - -
Ender Yüksel PRN
 Corporate Officer/Principal - -
Erdal Haspolat PRN
 Corporate Officer/Principal 54 -

Members of the board

Members of the board TitleAgeSince
Ahmet Nazif Zorlu CHM
 Chairman 80 95-09-13
Olgun Zorlu BRD
 Director/Board Member 59 09-05-26
Melih Elmas Araz BRD
 Director/Board Member 76 18-05-08
Aysegül Ildeniz BRD
 Director/Board Member 55 18-05-08
Bekir Agirdir BRD
 Director/Board Member 68 18-05-08

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 335,456,000 131,611,452 ( 39.23 %) 0 39.23 %

Shareholders

NameEquities%Valuation
Zorlu Holding AS
55.69 %
186,818,792 55.69 % 482 M ₺
Aktia Varainhoito Oy
0.1565 %
525,000 0.1565 % 1 M ₺
Pension Reserves Investment Management Board
0.1337 %
448,371 0.1337 % 1 M ₺
State Street Global Advisors Ltd.
0.0974 %
326,748 0.0974 % 842 827 ₺
Amundi Asset Management SA (Investment Management)
0.0915 %
306,977 0.0915 % 791 829 ₺
Dimensional Fund Advisors Ltd.
0.0509 %
170,645 0.0509 % 440 169 ₺
Union Bancaire Privée, UBP SA (UK)
0.0406 %
136,056 0.0406 % 350 948 ₺
Fiera Holdings, Inc.
0.0174 %
58,449 0.0174 % 150 766 ₺
AK Asset Management AS
0.0164 %
55,000 0.0164 % 141 869 ₺
Kredietrust Luxembourg SA
0.0131 %
44,112 0.0131 % 113 784 ₺

Holdings

NameEquities%Valuation
VESTEL BEYAZ ESYA SANAYI VE TICARET
77.33%
 1,237,302,236 77.33% 728,573,049 $

Company contact information

Vestel Elektronik Sanayi ve Ticaret AS

Levent 199 Büyükdere Caddesi No:199

34394, Istanbul

+90 212 456 22 00

http://www.vestelinvestorrelations.com
address Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi(VESTL)

Group companies

NameCategory and Sector
VESTEL BEYAZ ESYA SANAYI VE TICARET
Electronics/Appliances
Vestel Ticaret AS
Logo Vestel Ticaret AS

Vestel Ticaret AS

Electronics/AppliancesConsumer Durables

Part of Zorlu Holding AS, Vestel Ticaret AS is a Turkish company that manufactures and distributes consumer electronics such as television sets and vestal controls. The private company is based in Istanbul, Turkey.

Electronics/Appliances

Sector

Technology
Technology Equipment
Computers, Phones & Household Electronics
Household Electronics
Other Household Electronics

Sales per Business

Sales per region

Ratings for Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
84.45 TRY
Average target price
105 TRY
Spread / Average Target
+24.38%
Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

Sector Other Household Electronics

1st Jan change Capi.
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