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10.11.2006 ANNOUNCEMENT FROM EFES ... - Coca Cola İçecek

10.11.2006 ANNOUNCEMENT FROM EFES ... - Coca Cola İçecek

10.11.2006 ANNOUNCEMENT FROM EFES ... - Coca Cola İçecek

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Our gross profit reached to 52.7 million USD in YTD 3Q2006 with 60% increase over YTD 3Q2005 and<br />

our gross profit margin is 32% in YTD 3Q2006. By excluding the positive gross profit impact of Jordan<br />

operation, our gross profit margin is maintained at 36% and grew by 31% in the nine months period<br />

ended 30.09.2006 when compared with the same period of 2005 despite the increase in certain raw<br />

material costs (mainly sugar).<br />

Profit from operations reached to 20.1 million USD in YTD 3Q2006 vs. profit from operations of 17.1<br />

million USD in YTD 3Q2005. By excluding loss from operation realized in Jordan, our consolidated<br />

profit from operations was 23.5 million USD for the nine months period ended 30.09.2006.<br />

Meanwhile, Cash Operating Profit (COP) grew by %37 and increased to 29.3 million USD in YTD<br />

3Q2006 from 21.4 million USD in YTD 3Q2005 and Cash Operating Profit is margin maintained at 18%<br />

for the nine months period ended 30.09.2006.<br />

Net profit in YTD 3Q 2006 is amounting to 10.8 million USD, down from 12.7 million USD profit in<br />

YTD 3Q2005 due to increased tax expenses. Excluding the net loss effect of the Jordan operation, our<br />

consolidated net profit reached to 14.5 million USD representing an increase of %14 in YTD 3Q2006.<br />

For further information regarding Efes Invest and Efes Beverage Group, please visit our website at<br />

http://www.efesinvest.com/ or you may contact;<br />

Mr. Michael O’Neill<br />

CEO<br />

<strong>Coca</strong>-<strong>Cola</strong> Icecek A.S.<br />

tel: 90 216 528 44 68<br />

facsimile: 90 216 420 60 66<br />

e-mail: Michael_O’Neill@cci.com.tr<br />

Mr. Chris Gaunt<br />

President<br />

Efes Invest<br />

tel: 90 216 586 80 74<br />

facsimile: 90 216 387 91 92<br />

e-mail: chris.gaunt@efesinvest.com<br />

Mr. Hakan Nazlioglu<br />

Finance Director<br />

Efes Invest<br />

tel: 90 216 586 80 66<br />

facsimile: 90 216 387 91 92<br />

e-mail: hakan.nazlioglu@efesinvest.com

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