Brief: Sligro Food Group H1 EBITA Down At 23 Million Euros

Sligro Food

20/07/2023 06:38

July 20 (Reuters) - Sligro Food Group NV  SLIGR.AS :
    * H1 EBITA EUR 23 MILLION VERSUS EUR 36 MILLION YEAR AGO
    * WE MORE OR LESS EXPECT THIS IN TERMS OF CONSUMER
CONFIDENCE,
EMPLOYMENT AND INFLATION A STATUS QUO
    * OUR FOCUS FOR THE COMING PERIOD IS ON IMPROVING RETURNS
TOWARDS
OUR MEDIUM-TERM GOAL OF 7.5% EBITDA
    * METRO INTEGRATION PROGRESSING WELL, OPERATING EBIT
IMPROVING
    * INTERIM DIVIDEND AMOUNTS TO €0.30 PER SHARE AND WILL BE
PAYABLE
ON MONDAY 2 OCTOBER 2023
    * WE WILL BE ABLE TO MAINTAIN THE REVENUE DEVELOPMENT FROM
PAST
FEW MONTHS AND CAN EXPECT SOME FURTHER VOLUME GROWTH ON TOP OF
INFLATION
    * METRO WILL GENERATE ADDITIONAL GROWTH IN BELGIUM AS WE
MOVE
TOWARDS 70% OF ORIGINAL REVENUE BY THE END OF THE YEAR
    * WE WILL WORK TO KEEP INVESTMENT SPENDING BELOW OUR
LONG-TERM
TARGET FIGURE OF 2.5% OF REVENUE

Source text for Eikon:  ID: 
Further company coverage:  SLIGR.AS 

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