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    MATAS — Matas A/S News Story

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    Brief: Matas Updates Financial Expectations For 2023/2024

    Picture of Matas A/S logoMatas A/S
    31/08/2023 10:22
    Aug 31 (Reuters) - Matas A/S  MATAS.CO :
    * COMPLETION OF THE ACQUISITION OF KICKS GROUP AB (“KICKS
GROUP”) AND UPDATE OF FINANCIAL EXPECTATIONS FOR 2023/24
    * OUTLOOK 2023/2024:  FOLLOWING ACQUISITION, REVENUE IS NOW
EXPECTED TO BE IN RANGE OF DKK 6,400-6,600 MILLION (PREVIOUSLY
4-7% GROWTH, EQUIVALENT TO DKK 4,669-4,804 MILLION)
    * OUTLOOK 2023/2024: EBITDA MARGIN BEFORE SPECIAL ITEMS IS
NOW
EXPECTED TO BE AROUND 15% (PREVIOUSLY AROUND 17%)

Source text for Eikon:  ID:nGNEc5FGDJ 
Further company coverage:  MATAS.CO 

 (Gdansk Newsroom)
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