Brief: Sligro Food Group NV Q1 Revenue Up At EUR 468 Million

Sligro Food

21/04/2022 06:35

April 21 (Reuters) - Sligro Food Group NV  SLIGR.AS :
    * GENERATED €468 MILLION IN REVENUE OVER THE FIRST QUARTER
OF 2022
    * Q1 REVENUE UP 42.7% Y/Y
    * WE EXPECT OUR SALES MARKETS TO CONTINUE THEIR RECOVERY
OVER THE
COMING QUARTERS
    * WE ARE REFRAINING FROM MAKING ANY SPECIFIC PREDICTIONS FOR
THE
HALF-YEAR RESULTS
    * GIVEN THAT DEVELOPMENTS AFTER SUMMER DEPEND PARTLY ON HOW
SITUATION IN UKRAINE UNFOLDS, THEY ARE LESS EASY TO PREDICT
    * OUR CASH-AND-CARRY REVENUE SHOWED ATTRACTIVE GROWTH Y/Y IN
THE
FIRST QUARTER OF 2022
    * Q1 BIGGEST SPIKE IN REVENUE CAME IN DELIVERY CHANNEL,
WHERE
REVENUE NEARLY DOUBLED Y/Y
    * WHERE POSSIBLE, WE ABSORB PRICE INCREASES BY IMPROVING OUR
EFFICIENCY, BUT CURRENT MARKET CONDITIONS FORCE US TO PASS ON
REMAINING PART OF PRICE INCREASES IN SUPPLY CHAIN

Source text: https://bit.ly/3ECGp1Y
Further company coverage:  SLIGR.AS 

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