Brief: Matas Narrows FY 22/23 Revenue Growth Expectation To Between 1% And 3%

Matas A/S

05/01/2023 09:48

Jan 5 (Reuters) - Matas A/S  MATAS.CO :
    * TRADING UPDATE FOR Q3 2022/23
    * GENERATED TOTAL REVENUE OF DKK 1,396 MILLION IN Q3
2022/23, A
YEAR-ON-YEAR INCREASE OF 1.2% FROM DKK 1,378 MILLION IN Q3
2021/22
    * ONLINE SALES GREW 15.4% TO DKK 405 MILLION IN QUARTER,
DRIVEN BY
AN INCREASE IN NUMBER OF TRANSACTIONS AND AN INCREASE IN
CONVERSION RATE
    * MATAS NARROWS ITS GUIDANCE FOR FINANCIAL YEAR 2022/23
    * NOW EXPECTS 2022/23 REVENUE GROWTH BETWEEN 1% AND 3%,
PREVIOUSLY
BETWEEN 1% AND 4%
    * OUTLOOK 2022/23: EBITDA MARGIN BEFORE SPECIAL ITEMS IS
UNCHANGED
IN RANGE OF 17% AND 18%

Source text for Eikon:  ID:nGNEcdjd5G 
Further company coverage:  MATAS.CO 
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