Brief: Matas Q2 EBITA down at DKK 97.5 mln; outlook adjusted downwards

Matas A/S

09/11/2016 06:48

Nov 9 (Reuters) - Matas A/S  MATAS.CO : 
    * Q2 2016/17 revenue 771.6 million Danish crowns ($116.18 million) versus 783.2 million 
crowns year ago 
    * Q2 2016/17 EBITA 97.5 million crowns versus 123.0 million crowns year ago 
    * Like-For-Like revenue in 2016/17 is expected to grow by 0-2 pct (previously 1-3 pct) 
    * EBITA margin in 2016/17 is expected to be around 16 pct (previously slightly below 17 pct) 
    * Investment (capex) in 2016/17, excluding acquisitions of stores, is expected to be at 
level of 90 million - 100 million crowns (unchanged) 
 
Source text for Eikon:  ID:nCSE6D7Y  
Further company coverage:  MATAS.CO  
 
($1 = 6.6417 Danish crowns) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))