Brief: Matas Q1 EBITDA Of DKK 797 Million

Matas A/S

27/05/2021 07:39

May 27 (Reuters) - Matas A/S  MATAS.CO :
    * REG-ANNUAL REPORT 2020/21 AND TRADING UPDATE
    * Q1 REVENUE CAME TO DKK 4,164 MILLION, A YEAR-ON-YEAR
INCREASE OF
12.9%
    * PROPOSES THAT DKK 150 MILLION, EQUIVALENT TO 42% OF MATAS'
ADJUSTED PROFIT FOR 2020/21, BE DISTRIBUTED TO COMPANY'S
SHAREHOLDERS
    * Q1 EBITDA MARGIN BEFORE SPECIAL ITEMS OF 19.1% (19.0%)
    * Q1 EBITDA OF DKK 797 MILLION
    * HALF OF AMOUNT WILL BE DISTRIBUTED AS DIVIDEND, EQUIVALENT
TO
DKK 2.00 PER SHARE, WHILE OTHER HALF WILL BE PAID OUT BY SHARE
BUYBACK
    * FINANCIAL YEAR 2021/22, MATAS ANTICIPATES REVENUE GROWTH
IN -2%
- +2% RANGE, AN EBITDA MARGIN (BEFORE SPECIAL ITEMS) OF BETWEEN
17% AND 18.5%
    * Q1 ONLINE SALES MAINTAINED MOMENTUM AND DOUBLED TO DKK 1.1
BILLION
    * SEES 2021/22 INVESTMENTS IN DKK 140 -160 MILLION INTERVAL,
EXCLUSIVE OF ACQUISITIONS AND A POSSIBLE LOGISTICS PROJECT

Source text for Eikon:  ID:nGNE3m1Xjm 
Further company coverage:  MATAS.CO 

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