Brief: Matas says Q2 underlying growth rate for owned stores was 0.8%

Matas A/S

10/10/2017 18:21

Oct 10 (Reuters) - Matas A/S  MATAS.CO  
    * trading update for Q2 2017/18 and adjusted expectations 
for 2017/18 
    * underlying growth rate for owned stores was 0.8% in Q2 
2017/18 
    * Underlying revenue in first six months of 2017/18 was 
down by 1.1% 
    * Revised expectations for 2017/18 include decline in 
underlying revenue of between 0 and 2% 
    * Sees EBITA to be realised at a level between DKK 440-470 
million for 2017/18 
    * Sees investments of around DKK 90-100 million for 
2017/18 
 
Source text for Eikon:  ID:nCSE79DD  
Further company coverage:  MATAS.CO  
 
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