Brief: Colt CZ Group reports lower 2023 profit, maintains dividend level

Colt CZ SE

26/03/2024 05:50

March 26 (Reuters) - Colt CZ Group SE  CZG.PR :
    * COLT CZ GROUP: 2023 REVENUE CZK 14.86 BILLION, UP 1.8% Y/Y
    * COLT CZ GROUP: 2023 ADJUSTED EBITDA CZK 3.05 BILLION, DOWN
9.4%
Y/Y
    * COLT CZ GROUP: ADJUSTED NET PROFIT CZK 2.05 BILLION, DOWN
10.1%
Y/Y
    * COLT CZ GROUP: NUMBER OF FIREARMS SOLD IN 2023 DECREASED
BY
10.4% COMPARED TO THE SAME PERIOD IN 2022
    * COLT CZ GROUP: WILL PROPOSE A DIVIDEND PAY-OUT OF CZK 30
PER
SHARE
    * COLT CZ GROUP: STANDALONE GUIDANCE FOR 2024 SEES ADJUSTED
EBITDA
CZK 3.3-3.8 BILLION; WITH EXPECTED SELLIER & BELLOT CONTRIBUTION
CZK 4.3-4.7 BILLION
    * COLT CZ GROUP: STANDALONE GUIDANCE FOR 2024 SEES REVENUE
CZK
16.2-17.8 BILLION; WITH EXPECTED SELLIER & BELLOT CONTRIBUTION
CZK 20.0-22.0 BILLION
    * COLT CZ GROUP: CAPITAL EXPENDITURES OF THE GROUP IN 2024
COULD
REACH CZK 1 – 1.2 BILLION

Source text for Eikon:  ID: 
Further company coverage:  CZG.PR 

 ((jason.hovet@thomsonreuters.com;))