Brief: Sligro Food Group Q3 Generated Revenue EUR 660 Million
BRIEF-Sligro Food Group Q3 Generated Revenue EUR 660 Million Oct 15 (Reuters) - Sligro Food Group N.V. SLIGR.AS:
Q3 GENERATED REVENUE OF EUR 660 MILLION
REVENUE FOR FIRST NINE MONTHS OF YEAR AMOUNTED TO EUR 1,934 MILLION
NOT SEEING DESIRED IMPROVEMENT IN REVENUE DEVELOPMENT IN BELGIUM
CURRENT MARKET CONDITIONS ARE EXPECTED TO RESULT IN A DECLINE IN OPERATING PROFIT FOR 2026 COMPARED WITH LAST YEAR
WE EXPECT TO RECOGNISE AN IMPAIRMENT OF PART OF THE REMAINING GOODWILL ON OUR BALANCE SHEET AT THE END OF 2026
WHILE WE ARE NOT SATISFIED WITH THESE RESULTS, WE ACCEPT THE CONSEQUENCES OF THE MARKET CONDITIONS WE CURRENTLY FACE
ALL PROGRAMMES PLANNED FOR 2026 ARE ON TRACK AND ARE EXPECTED TO GENERATE THE SAVINGS WE ANTICIPATED IN THE YEARS AHEAD
Source text: nPLX0SP2Z4
Further company coverage: SLIGR.AS
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