Turkey's Sabanci Group aims for 12 pct sales growth


ISTANBUL, Feb 28 (Reuters) - Turkish conglomerate Sabanci said on Thursday it targets net sales growth of 12 percent for the group this year, after a 20 percent rise in 2007 to 19.4 billion lira ($16.4 billion). Sabanci Holding CEO Ahmet Dorduncu said 2008 consolidated net sales for the group -- which does not completely overlap with the holding -- were expected at 21.7 billion lira this year. Operating profit rose 23 percent in 2007 to 3.2 billion lira, and was expected to rise 16 ...

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