Brief: For Metro Belgium, Sligro Targets Return To Original Revenue Levels In 2026 And Beyond

Sligro Food

02/02/2023 06:42

Feb 2 (Reuters) - Sligro Food Group NV  SLIGR.AS :
    * ON METRO BELGIUM: FROM 2024, ALL OUTLETS WILL BE CONVERTED
TO
SLIGRO-ISPC STYLE THROUGH LIGHT MIGRATION
    * ON METRO BELGIUM: INVESTMENT OF APPROXIMATELY €1.5 MILLION
PER
OUTLET
    * ON METRO BELGIUM: TARGET IS TO GROW STRONGLY AND REACH
AROUND
90% OF THE ORIGINAL REVENUE BY Q4 OF 2024
    * ON METRO BELGIUM: IN 2024, WE EXPECT TO GENERATE A
POSITIVE
EBITDA AND CASH FLOW
    * ON METRO BELGIUM: INVESTMENT OF APPROXIMATELY €30 MILLION
OVER 3
YEARS
    * ON METRO BELGIUM 2026 AND BEYOND: GOAL IS TO RETURN TO
ORIGINAL
REVENUE LEVELS

Source text: https://bit.ly/3wNUPJn
Further company coverage:  SLIGR.AS 
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