Brief: Matas adjusts FY 2015/16 outlook after lower than expected Q2 sales

Matas A/S

08/10/2015 07:54

Oct 8 (Reuters) - Matas A/S  MATAS.CO : 
    * Adjusts expectations for 2015/16 
    * Now sees revenue of around 3.45 billion Danish crowns ($520.83 million) in 2015/16, versus 
previous guidance of revenue of around 3.5 billion crowns 
    * Now sees EBITA margin to be around 17.0 pct versus previous forecast of EBITA margin of 
between 17.0 pct-17.5 pct 
    * Sees like-for-like growth for full year of around 1 pct, versus previous guidance of about 
2 pct 
    * Adjusts guidance as a consequence of a lower than expected sales development in Q2 
 
     
Source text for Eikon:  ID:nCSE61cz  
     
Further company coverage:  MATAS.CO  
 
($1 = 6.6241 Danish crowns) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))