Ihlas Home Appliances

Ihlas Ev Aletleri Imalat Sanayi ve Ticaret A.S. is an Ihlas Group company that manufactures and markets small household appliances. According to its history, the company was founded in 1990 and its shares have traded on Borsa Istanbul under the ticker IHEVA since 1996; its head office is at Ihlas Plaza in Bahcelievler, Istanbul.

The product range centres on the Aura Cleanmax and Aura Roboclean cleaning robots, Cebilon-branded reverse osmosis water purification systems and bathroom water heaters. Production takes place at facilities in Turkey; the company documents its expertise in water purification through membership of the US-based Water Quality Association and an NSF-certified purification system. Sales extend from points of sale in Turkey to export markets, mainly the Turkic republics, the Middle East and Europe. An authorised service network also supports after-sales service.

For small household appliance makers, consumer demand, campaign periods, imported component costs, currency moves and political and economic conditions in export markets affect results. Intra-group related-party transactions and the diversity of sales channels also matter for those following IHEVA. The Lzzo.com page offers the stock's price chart, RSI and moving average indicators.