BGC Partners: Dogus Otomotiv Analyst Meeting Highlights
Dogus Otomotiv clarified that they have not necessarily raised guidance for domestic motor vehicle sales to 430k-440k units as per the presentation because that is the company’s official budget figure assuming that the SCT cuts would be extended beyond June 2019, but they were not. As such, the 50k-60k unit sales guidance for the company (1H19A: 24k) excluding Skoda represents a best case at the low-end.Dogus Otomotiv Servis Ve Ticaret is an automotive importer and distributor in Turkey. Co. represents 14 international brands each of which is engaged in the following sectors: Passenger cars, Light commercial vehicles, Heavy commercial vehicles, Industrial and marine engines, and Cooling systems.Co. provides its individual and corporate customers with a portfolio of more than 80 models. Co. competes in the industrial and marine engines market by representing the brand Scania Engines and in the cooling systems market representing Thermo King brand. Co.'s sales and service network is comprised of over 500 contact points.
BGC has been one of the major market players in Turkish OTC debt, FX and swaps markets since 1998.
We started offering corporate finance and investment banking services to our clients in 2013. We offer a complete range of financial services to help our clients achieve their goals. Our main areas of activity within investment banking are as follows:
- Mergers & Acquisitions
- Equity Capital Markets
- Debt Finance & Advisory
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