Brief: Matas Q1 EBITDA Before Special Items Rises To DKK 186 Mln

Matas A/S

18/08/2021 07:16

Aug 18 (Reuters) - Matas A/S  MATAS.CO :
    * MATAS GROWS ACROSS THE BOARD, UPGRADES GUIDANCE AND
LAUNCHES NEW
FIVE-YEAR GROWTH STRATEGY
    * Q1 REVENUE GREW BY 7.9% TO DKK 1,021 MILLION.
LIKE-FOR-LIKE
SALES WERE UP BY 5.9%
    * Q1 EBITDA BEFORE SPECIAL ITEMS CAME TO DKK 186 MILLION, UP
FROM
DKK 173 MILLION IN YEAR-EARLIER PERIOD.
    * Q1  STORES GREW REVENUE BY 6% ON BACK OF 4% GROWTH IN
AVERAGE
BASKET SIZE AND 2% GROWTH IN NUMBER OF TRANSACTIONS.
    * 2021/22 OUTLOOK:  EBITDA MARGIN BEFORE SPECIAL ITEMS IS
NOW
EXPECTED IN RANGE OF 17.5%-18.5% UP FROM PREVIOUS 17.0%-18.5%
RANGE.
    * 2021/22 REVENUE IS NOW EXPECTED IN RANGE OF DKK
4,160-4,290
MILLION, EQUIVALENT TO A GROWTH RATE OF BETWEEN 0% AND +3%,
AGAINST PREVIOUS ESTIMATE OF DKK 4,080-4,250 MILLION, EQUIVALENT
TO A GROWTH RATE OF BETWEEN -2% AND +2%

Source text for Eikon:  ID:nGNE7M9lmH 
Further company coverage:  MATAS.CO 

 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))