Brief: Sig Group AG - FCF Q423 Eur 299.7 Million

SIG AG

27/02/2024 06:14

Feb 27 (Reuters) - SIG Group AG  SIGNC.S :
    * SIG GROUP AG - FCF Q423 EUR 299.7 MILLION 
    * SIG GROUP AG: FULL YEAR 2023 FINANCIAL RESULTS HIGHLIGHT
STRONG
BUSINESS PROFILE
    * SIG GROUP AG - MID-TERM GUIDANCE CONFIRMED
    * SIG GROUP AG - PROPOSED DIVIDEND OF CHF 0.48 PER SHARE
(2022:
CHF 0.47), PAID FROM FOREIGN CAPITAL CONTRIBUTION RESERVES
    * SIG GROUP AG - REDUCTION IN NET LEVERAGE TO 2.7X (31
DECEMBER
2022: 3.1X)
    * SIG GROUP AG-2024 OUTLOOK: 4-6% CONSTANT CURRENCY REVENUE
GROWTH
(LOW END OF RANGE) AND ADJUSTED EBITDA MARGIN OF 25-26% (LOWER
HALF OF RANGE)
    * SIG GROUP AG-MID-TERM GUIDANCE CONFIRMED
    * SIG GROUP AG - FCF EUR 219.5 MILLION YEAR ENDED 31 DEC23
    * SIG GROUP AG - OUTLOOK 2024: ADJUSTED EFFECTIVE TAX RATE
IS
FORECAST TO BE BETWEEN 26 AND 28%

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