DyDo Group Forecasts Rise in Sales Amid Fiscal Adjustments

DyDo Group Holdings, Inc. (JP:2590) has released an update.

DyDo Group Holdings, Inc. has released its FY2024 financial forecasts, reflecting an increase in net sales and a revised forecast that accounts for hyperinflationary adjustments in its Turkish Beverages business. Despite facing uncertainties related to exchange and inflation rates, the company expects a rise in sales but a decrease in profits compared to FY2023. The Group maintains its policy of stable dividends, despite the fiscal challenges posed by the Turkish market.

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