Brief: Sligro Food Group FY Net Profit Down 88% Y/Y

Sligro Food

23/01/2020 07:23

Jan 23 (Reuters) - SLIGRO FOOD GROUP NV  SLIGR.AS :
    * FY EBITDA EUR 127 MLN VS EUR 114 MLN YR AGO
    * FY NET PROFIT EUR 33 MLN VS EUR 276 MLN YR AGO
    * EXPECTS LIMITED OVERALL MARKET GROWTH IN 2020 DUE TO THE
COMBINATION OF SOME PRICE INFLATION AND SLIGHTLY DECLINING
VOLUMES
    * DE KWEKER WILL ADD APPROXIMATELY €55 MILLION IN FURTHER
INORGANIC NET SALES GROWTH IN H1 OF 2020, AND EXPECTS TO LARGELY
COMPLETE INTEGRATION OF COMPANY
    * FY NET SALES EUR 2.40 BLN VS PREVIOUSLY REPORTED EUR 2.39
BLN
    * PROPOSES DIVIDEND FOR 2019 AT EUR 1.40 PER SHARE
    * EBIT FOR 2019 CAME IN AT EUR 44 MILLION, STAYING WITHIN
THE
PREVIOUSLY COMMUNICATED BANDWIDTH
    * FREE CASH FLOW IN 2019 AT EUR 36 MLN VS EUR 102 MLN YR AGO

    
 Source text : https://bit.ly/37kbhmp
    
 Further company coverage:  SLIGR.AS 
   


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