Equity Analysis /
Turkey

Tofas Turk Otomobil Fabrikasi AS: New projects could be a positive catalyst

  • We keep TOASO in our top picks list

  • Management increased sustainable PBT margin guidance to 8-8.5% from 7-7.5% in 2Q21 teleconference

  • Potential for EV production

Aytunc Uz
Aytunc Uz

Equity Research Analyst

ATA Invest
26 August 2021
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