Brief: Greenyard FY Adjusted EBITDA At EUR 186.5 Mln Beats Consensus

Greenyard NV

23/05/2024 11:20

May 23 (Reuters) - Greenyard NV  GREENY.BR :
    * FY LFL NET SALES UP 10,9% YOY AT EUR 5.07 BLN 
    * FY ADJUSTED EBITDA UP 11.5% YOY AT EUR 186.5 MLN
(CONSENSUS EUR
178.1 MLN)
    * FY NET RESULT UP 63% YOY AT EUR 15.2 MLN (CONSENSUS EUR
15.5
MLN)
    * FY NET FINANCIAL DEBT DOWN BY 4% YOY AT EUR 266.3 MLN
    * INCREASE OF EPS TO 28CTS FROM 16CTS YOY
    * PROPOSAL TO INCREASE DIVIDEND BY 150% TO EUR 0.25 PER
SHARE FOR
FY ENDED MARCH 2024
    * REITERATES ESTIMATES TO REACH NET SALES OF EUR 5.4 BLN AND
ADJUSTED EBITDA OF EUR 200-210 MLN BY FY 2025-2026

        
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