Doğan Holding Announced its 1Q14 Financial Results

Total consolidated revenues increased by 6% yoy to TL826mn in 1Q2014.

Consolidated EBITDA was TL15mn in 1Q14; while EBITDA margin was 1.8%.

Share of loss on investments accounted by equity method was TL26mn in 1Q14, due to high fx losses and financial expenses.

Net Other Operating Income was TL36 mn in 1Q14, vs TL 40mn in 1Q13.

Net Financial Expenses was TL60mn, almost intact with the figures attained in 1Q13.

Net loss (attributable to equity holders) realized at TL61mn; as a result of higher costs and weak TL in 1Q14

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