Brief: Matas Q3 2021/22 Rev Up At DKK 1.38 Bln, Upgrades FY Revenue Guidance

Matas A/S

06/01/2022 08:19

Jan 6 (Reuters) - Matas A/S  MATAS.CO :
    * TRADING UPDATE FOR Q3 2021/22 - UPGRADE TO FULL-YEAR
REVENUE
GUIDANCE ON THE BASIS OF RECORD SALES IN THE CHRISTMAS QUARTER
    * REVENUE FOR PERIOD 1 OCTOBER - 31 DECEMBER 2021 CAME TO
DKK
1,378 MILLION, UP FROM DKK 1,313 MILLION IN YEAR-EARLIER PERIOD
    * MATAS UPGRADES ITS FULL-YEAR REVENUE GUIDANCE TO DKK
4,250-4,375
MILLION
    * UNDERLYING LIKE-FOR-LIKE SALES WERE UP BY 2.8% IN Q3
2021/22
    * EBITDA MARGIN BEFORE SPECIAL ITEMS IS MAINTAINED BETWEEN
18.0%
AND 19.0%
    * NUMBER OF TRANSACTIONS WAS UP BY 7.2%, WHILE AVERAGE
BASKET SIZE
FELL BY 3.9% TO DKK 205 IN Q3 2021/22
    * OVERALL CAPEX IS STILL EXPECTED BETWEEN DKK 195 MILLION
AND DKK
215 MILLION BEFORE POTENTIAL M&A.
    * ONLINE SALES GENERATED BY MATAS.DK AND FIRTAL ACCOUNTED
FOR
25.4% OF MATAS' OVERALL REVENUE, COMPARED WITH 25.8% IN Q3
2020/21
    * MATAS' FULL-YEAR GUIDANCE ASSUMES THAT THERE WILL BE NO
FURTHER
LARGE-SCALE LOCKDOWNS

Source text for Eikon:  ID:nGNE2hGPSZ 
Further company coverage:  MATAS.CO 

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