Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Ulker Rises to Month High After Full-Year Profit Beats Estimates

March 27 (Bloomberg) -- Ulker Biskuvi Sanayi AS, Turkey’s largest sweets maker, rose to the highest in almost a month after reporting 2011 profit that beat estimates.

Ulker gained 1.8 percent to 5.56 liras, its strongest since Feb. 28, by the close in Istanbul.

Full-year profit was 657 million liras ($368 million), the company said in a statement to the exchange after the close yesterday, beating the 606 million-lira average estimate in a Bloomberg survey of nine analysts.

Ulker’s profit was more than triple the 184.8 million liras the company earned in 2010.

To contact the reporter on this story: Benjamin Harvey in Istanbul at bharvey11@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.