Doğan Holding 3Q09 Consolidated Financials

Doğan Şirketler Grubu Holding A.Ş. announced the Consolidated Interim Financial Statements for the interim periods ended 30.09.2009. The Group posted TRY 7.5 billion of revenues, TRY 385 Million EBITDA and a net profit (after taxation and minority interest) of TRY 60 million for 9M09.

 

As the negative impact of the global economic crises slowdown, the 3Q09 revenues of TRY 2.8 Billion displayed a better performance versus the previous quarters of 2009 not only due to the seasonality impact but also based on the partial recovery of the sectors that the Group invested in. The EBIT (Earnings before Interest and Tax) for the period of June-September’09 is stood at TRY 66 Million, while 9M09 EBIT reached to TRY 95 Million. 

 

Focused on market share, liquidity and operating profitability as the key performance parameters (KPI), Doğan Group maintained its market position in the strategic investments as energy and media, and closely followed and developed new investment ventures in these areas. The Group’s KPI for the period is sustained in line with its main business goals.