Vestel Elektronik Sanayi Ve Ticaret A.S. operates within the Household audio and video equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Vestel Elektronik Sanayi Ve Ticaret A.S. with three other
audio-visual equipment producers in Europe:
Bang & Olufsen AS
sales of 2.63 billion Danish Kroner [US$430.80 million]
of which 63%
was Bang & Olufsen),
(154.55 million Euro [US$188.25 million]
of which 93%
was Archos), and
Vivanco Gruppe Aktiengesellschaft
based in Germany
(83.74 million Euro [US$102.00 million]
of which 38%
was Mobile Communications).
During the year ended December of 2016, sales at
Vestel Elektronik Sanayi Ve Ticaret A.S. were 9.54 billion Turkish Liras (US$2.55 billion).
increase of 3.1%
versus 2015, when the company's sales were 9.25 billion Turkish Liras.
This was the third consecutive year of growth at Vestel Elektronik Sanayi Ve Ticaret A.S..
Sales of White Goods saw an increase
that was more than double the company's growth rate: sales were up
21.0% in 2016, from
3.12 billion Turkish Liras to 3.77 billion Turkish Liras.
Not all segments of Vestel Elektronik Sanayi Ve Ticaret A.S. experienced an increase in sales in 2016:
sales of Television fell 5.9% to 5.77 billion Turkish Liras.