Turkcell AS: Q2 results slightly better than expected
Turkcell recorded TL1,113mn net income in 2Q21, slightly better than cons. est. of TL1,069mn and our est. of TL1,074mn
Revenues were 2.7% above our estimates and EBITDA of TL3,466mn was 2.7% above our estimates.
The company management revised up its topline growth guidance to c.18% and EBITDA guidance to TL14.3bn