Brief: Colruyt Says Stefan Goethaert Will Become Its New CEO

Colruyt NV

13/06/2023 17:10

June 13 (Reuters) - Etablissementen Franz Colruyt NV
 COLR.BR :
    * JEF COLRUYT HANDS OVER DAY-TO-DAY MANAGEMENT TO STEFAN
GOETHAERT
    * COLRUYT GROUP INFORMS THAT EXECUTIVE CHAIRMAN JEF COLRUYT
WILL
HAND OVER THE DAY-TO-DAY MANAGEMENT OF THE GROUP TO STEFAN
GOETHAERT AS OF 1 JULY 2023.
    * STEFAN GOETHAERT WILL BECOME THE NEW CEO
    * JEF COLRUYT REMAINS CHAIRMAN OF THE BOARD OF DIRECTORS OF
COLRUYT GROUP.
    * COLRUYT GROUP'S REVENUE ROSE BY 7,7% TO EUR 10,8 BILLION
IN
2022/23.
    * THE OPERATING PROFIT (EBIT) TOTALLED EUR 279 MILLION OR
2,6% OF
REVENUE IN 2022/23 (3,7% IN 2021/22).
    * THE PROFIT FOR FY AMOUNTED TO EUR 201 MILLION (1,9% OF
REVENUE),
A DECREASE BY 30,4% COMPARED TO 2021/22 (EUR 288 MILLION OR 2,9%
OF REVENUE).
    * EXPECTS THE OPERATING PROFIT AND THE NET RESULT (I.E.
EXCLUDING
ONE-OFF EFFECTS IN THE FINANCIAL YEAR 2023/24 AND EXCLUDING DATS
24) TO INCREASE SIGNIFICANTLY IN THE FINANCIAL YEAR 2023/24.
    * POINTS OUT THAT THE UNCERTAINTY ASSOCIATED WITH THE
MACROECONOMIC CONTEXT AND THE HIGH COMPETITIVENESS IN THE
BELGIAN RETAIL MARKET MAY IMPACT THE 2023/24 OUTLOOK.

Source text for Eikon:  ID: 
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