Brief: Sligro 2023 Ebitda EUR 137 Mln, Up Vs EUR 126 Mln Y/Y

Sligro Food

08/02/2024 06:42

Feb 8 (Reuters) - Sligro Food Group NV  SLIGR.AS :
    * 2023 OPERATING PERFORMANCE IMPROVED, AS A RESULT OF WHICH
EBITDA
ROSE BY €11 MILLION TO €137 MILLION
    * NET PROFIT FOR FY NEGATIVELY IMPACTED BY NON-RECURRING
EXPENSES
AND AMOUNTED TO €6 MILLION FOR 2023
    * A DIVIDEND OF €0.30 PER SHARE IS PROPOSED FOR 2023
    * WITH INTERIM DIVIDEND PAID PREVIOUSLY IN 2023, NO FINAL
DIVIDEND
WILL BE PAID
    * FORESEE CHALLENGING MARKET CONDITIONS FOR MOST OF 2024
    * FULLY COMMITTED TO ACHIEVING OUR MEDIUM-TERM RETURN TARGET
IN
2024 AND BEYOND
    * THERE WILL BE MANY INTERVENTIONS IN THE COURSE OF 2024
WHICH
WILL START TO BEAR FRUIT FROM 2025 ON
    * FY REVENUE EUR 2.86 BILLION, UP 15.2% YOY
    * FY EBITDA EUR 137 MILLION, VERSUS EUR 126 MILLION YEAR AGO
    * 2023 FREE CASH FLOW EUR 34 MILLION, VERSUS EUR 6 MILLION
YEAR
AGO
    * 2023 EARNINGS PER SHARE EUR 0.14
    * 2023 NET PROFIT EUR 6 MILLION, DOWN VERSUS EUR 39 MILLION
YEAR
AGO

Further company coverage:  SLIGR.AS 

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