Brief: Matas Q2 2017/18 EBITDA EX-ITEMS Up At DKK 108.6 Million

Matas A/S

08/11/2018 07:13

Nov 8 (Reuters) - Matas A/S  MATAS.CO :
    * REG-INTERIM REPORT – H1 2018/19 - GUIDANCE UPGRADE: STABLE EARNINGS AND RECORD GROWTH IN
ONLINE
SALES
    * RAISES EBITDA MARGIN BEFORE SPECIAL ITEMS GUIDANCE FOR FULL-YEAR 2018/19 FROM ABOVE 14.5
TO
ABOVE 15.
    * Q2 2018/19 REVENUE CAME TO DKK 777.2 MILLION, DOWN 1.6% ON DKK 789.9 MILLION REPORTED FOR
Q2
2017/18
    * IN Q2 ALONE, SALES FELL BY 1.6% RELATIVE TO LAST YEAR, DUE PRIMARILY TO FEWER TRADING DAYS
AND A
RESHUFFLE OF CAMPAIGN ACTIVITY
    * Q2 2018/19 GROSS PROFIT WAS DKK 349.0 MILLION, TAKING GROSS MARGIN TO 44.9%, A 1.3
PERCENTAGE
POINT INCREASE FROM 43.6% IN Q2 2017/18
    * Q2 2017/18 EBITDA EX-ITEMS  DKK 108.6 MILLION VERSUS DKK 107.5 MILLION YEAR AGO

Source text for Eikon:  ID:nGNEnF5HM 
Further company coverage:  MATAS.CO 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))