ISTANBUL, May 31, 2011 /PRNewswire/ --
Yildiz Holding A.S. ("Yildiz"), a leading Turkish food conglomerate in the FMCG sector, today announced that three of its publicly listed subsidiaries have participated in investor conferences in the key financial centers of London, Istanbul and Bodrum.
Most recently, the companies, Ulker Biskuvi Sanayi Ticaret A.S. (ISE: ULKER), Kerevitas Gida Sanayi ve Ticaret A.S. (ISE: KERVT) and Bizim Toptan Satis Magazalari A.S. (ISE: BIZIM) had been present and met with the investment community during the EFG Investor Conference held at the Kempinski Hotel Barbaros Bay on May 26th and 27th in Bodrum, Turkey.
In addition, Ulker Biskuvi, Kerevitas Gida and Bizim Toptan also participated in the Garanti Securities Investor Conference on May 11th and 12th at the Grosvenor Hotel in London and at Ata Invest's Investor Conference held for the first time in Turkey, on May 16th and 17th at the Four Seasons Besiktas in Istanbul. These well-attended conferences provided a platform for Ulker Biskuvi, Kerevitas Gida and Bizim Toptan to communicate with the investment community their recently announced first quarter results, share financial and operational updates and long-term strategy for growth.
Nurtac Ziyal, head of Investor Relations of Yildiz Holding, stated, "For Yildiz, 2011 has been a year focused on growth and discipline as we dedicate our efforts towards improving operating efficiencies within all of our subsidiaries and strive to continue to widen our market leadership position within Turkey and abroad."
As an established player in the Turkish FMCG market, Yildiz' portfolio of companies are some of the most beloved and "top-of-mind" brands in Turkey. The Company has one of the most sophisticated distribution networks in Turkey and its subsidiaries benefit from these strong relationships with suppliers and customers. With per capita food consumption in Turkey remaining fairly low when compared to Western levels, the Turkish markets offer significant growth opportunities, as the country transforms itself into a major world-class global player. Economic drivers for Turkey include a young and dynamic population, rising urbanization, favorable long-term economic structure and growing GDP per capita. Yildiz is dedicated to further strengthening its brand name throughout Turkey and beyond, positioning the Company for long-term sustained growth and shareholder value maximization.
Ms. Ziyal concluded, "We have undertaken the same approach in our communications efforts to our shareholders and potential investors, always striving to improve upon the transparency of our Company as a whole and provide a better understanding of our dynamic businesses to our investors. We believe our proactive approach and participation in these, as well as future conferences, will provide the optimal platform for us to share our exciting growth story and potential to the financial community."
About Yildiz Holding A.S.
Yildiz Holding A.S. -- Turkey's leading conglomerate in FMCG sector -- established in 1944 to produce biscuits with the Ulker brand name. Today, Yildiz Holding has operations in various categories ranging from biscuits to chocolate, beverages to dairy products, baby food to personal care products and packaging with 68 companies worldwide. With such a large business scope, Yildiz Holding is Turkey's biggest raw material buyer, contributing to the lives of 100 thousand farmers directly and 500 thousand people indirectly. Yildiz Holding companies, making production in 56 facilities both domestic and abroad, are not only pioneer in the country but also in the region.
Ulker Biskuvi is traded on the Istanbul Stock Exchange under the ticker ULKER TI (Bloomberg) and ULKER.IS (Reuters). For more information on Ulker Biskuvi or to view the full products offered to consumers, please visit http://www.ulker.com.
Kerevitas is traded on the Istanbul Stock Exchange under the ticker KERVT and KERTV TI (Bloomberg) and KERVT.IS (Reuters). For more information on Kerevitas or to view the full products offered to consumers, please visit http://www.superfresh.com.tr.
Bizim Toptan is traded on the Istanbul Stock Exchange under the ticker BIZIM TI (Bloomberg) and BIZIM.IS (Reuters). For more information on Bizim Toptan, please visit http://www.bizimtoptan.com.
Forward Looking Statements
Any statements set forth herein that are not historical facts are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements.
Forward-looking statements can be recognized by the use of words such as "expects," "plans," "will," "could", "estimates," "projects," "intends," or words of similar meaning. Such forward-looking statements speak only as of the date of this press release, and are not guarantees of future performance. Such forward-looking statements involve risks and uncertainties that may cause actual results, performance or financial condition to materially differ from those expressed or implied in the forward-looking statements as a result of various factors and assumptions.
The Company undertakes no obligation to revise forward-looking statements to reflect events or circumstances after the date of this press release. Potential risks and uncertainties including changes in applicable regulations, and other information detailed from time to time in filings and future filings with the Istanbul Stock Exchange or the Turkish Capital Markets Board. Accordingly, although the Company believes that the expectations reflected in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct.
SOURCE Yildiz Holding