Brief: Logista Sees Adjusted EBIT To Grow Organically During 2022 At A Mid-Single-Digit Rate Vs 2021

Logista Integral SA

05/11/2021 07:18

Nov 5 (Reuters) - Compania de Distribucion Integral Logista Holdings SA  LOG.MC :
    * SAYS ANY NEGATIVE IMPACT THAT COVID-19 MAY HAVE HAD ON RESULTS THIS YEAR HAS BEEN OFFSET
BY
COST-CUTTING MEASURES AND TAKING NUMBER OF STRATEGIC DECISIONS
    * FY EBITDA 370.4 MILLION EUROS VERSUS 340.4 MILLION EUROS YEAR AGO
    * SEES ADJUSTED EBIT TO GROW ORGANICALLY DURING 2022 AT A MID-SINGLE-DIGIT RATE ON FIGURE
FOR 2021
    * GROUP CONTINUES TO LOOK FOR ACQUISITION OPPORTUNITIES OF COMPLEMENTARY SMALL/MEDIUM
COMPANIES TO
LEVERAGE SYNERGIES
    * BOARD OF DIRECTORS INTENDS TO PROPOSE DISTRIBUTING AN ADDITIONAL DIVIDEND FOR THE 2021
FINANCIAL
YEAR OF €110 MILLION (€0.83 PER SHARE) TO BE PAID IN Q1 2022
    * LOGISTA WILL PRIORITISE THE SAME DIVIDEND POLICY APPLIED TO DATE

Source text for Eikon:  ID:nCNM96nFgK 
Further company coverage:  LOG.MC 

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