Denmark's Matas full-year revenue rises 3.5%

Matas A/S

19/05/2026 07:11

Overview

Denmark beauty retailer's full-year revenue grew 3.5% currency neutral, in line with guidance

EBITDA before special items rose, profit after tax declined from prior yr

Company announced up to DKK 100 mln share buyback programme

Outlook

Matas expects 2026/27 currency neutral revenue growth between 2% and 6%

Company sees 2026/27 EBITDA margin before special items at 14.0%-14.5%

Matas says macroeconomic uncertainty and declining consumer confidence may impact market growth

Result Drivers

CHANGING CONSUMER BEHAVIOUR - Co said performance in KICKS markets, especially Sweden, was impacted by shifts in consumer behaviour

COST DISCIPLINE AND INITIATIVES - Management said actions on assortment, pricing, marketing and cost discipline were taken to address market challenges

IMPROVED CASH FLOW - Group CFO said continued growth and significantly improved cash flow supported results

Company press release: ID:nMFNqTM7L

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
DKK 1.98 bln
Q4 Adjusted Net Income
-DKK 8 mln
Q4 Adjusted EBITDA
DKK 226 mln
Q4 Gross Margin
42.90%
Q4 Adjusted EBITDA Margin
11.40%
Q4 EBIT
DKK 31 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the miscellaneous specialty retailers peer group is "buy"

Wall Street's median 12-month price target for Matas A/S is DKK152.50, about 50.4% above its May 18 closing price of DKK101.40

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 8 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)