Brief: Logista FY Net Profit 199 Mln Euros, Up 14.3% YoY

Logista Integral SA

04/11/2022 07:28

Nov 4 (Reuters) - Compania de Distribucion Integral Logista Holdings SA  LOG.MC :
    * FY NET PROFIT 199 MILLION EUROS VERSUS 174 MILLION EUROS YEAR AGO
    * FY ADJUSTED EBIT 312 MILLION VERSUS 298 MILLION YEAR AGO
    * FY EBITDA 383.3 MILLION EUROS VERSUS 370.4 MILLION EUROS YEAR AGO
    * FY REVENUE 11.46 BILLION EUROS VERSUS 10.82 BILLION EUROS YEAR AGO
    * ADJUSTED EBIT AT YEAR-END 2023 IS EXPECTED TO GROW ABOVE MID-SINGLE-DIGIT OVER ADJUSTED
EBIT
2022, TAKING ACCOUNT OF FORESEEABLE CONTRIBUTION FROM BUSINESSES ACQUIRED, ONCE THEY HAVE BEEN
INCLUDED IN CONSOLIDATION SCOPE
    * TO CONTINUE TO PRIORITISE SAME DIVIDEND POLICY APPLIED TO DATE
    * ANY ADVERSE EFFECTS OF COVID-19 ON RESULTS THAT MAY HAVE ARISEN DURING THE FINANCIAL YEAR,
AS IN
PREVIOUS YEAR, OFFSET THANKS TO COST CUTTING MEASURES AND BY BOOSTING ACTIVITIES IN BUSINESS
LINES THAT HAVE PERFORMED BEST SINCE START OF PANDEMIC
    * CONTINUES TO SEEK OPPORTUNITIES TO ACQUIRE COMPLEMENTARY, SYNERGISTIC COMPANIES

Source text for Eikon:  ID:nCNMbDNTpX 
Further company coverage:  LOG.MC 
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