Stock Analysis - İş Investment Maintains Target Price for TAVHL-TAV Airports at 350 TL with a "Buy" Recommendation

image

Stock Analysis - İş Investment Maintains Target Price for TAVHL-TAV Airports at 350 TL with a "Buy" Recommendation

TAV Holding's (TAVHL) financial results for the third quarter of 2024 have been released. The company reported a substantial increase in revenue, primarily driven by a surge in passenger traffic across its operated airports. This growth was supported by easing travel restrictions and an increase in flight operations. Additionally, cost management strategies have positively impacted their margins, contributing to an improved financial performance. The results demonstrate robust operational efficiency and a strong recovery trajectory in the aviation sector.