Brief: Sligro Food Group Q1 Revenue Rises To 634 Million Euros

Sligro Food

20/04/2023 10:43

April 20 (Reuters) - Sligro Food Group NV  SLIGR.AS :
    * TRADING UPDATE FIRST QUARTER 2023
    * Q1 REVENUE EUR 634 MILLION VERSUS EUR 468 MILLION YEAR AGO
    * REFRAIN FROM MAKING CONCRETE PREDICTIONS ABOUT THE
HALF-YEAR
RESULTS
    * IN 2023, WE ARE FACING ADDITIONAL SAP AMORTISATION CHARGES
AND
START-UP LOSSES FOR THE OUTLETS ACQUIRED FROM METRO
    * FINANCE COSTS ARE INCREASING, DUE TO GENERAL INTEREST RATE
DEVELOPMENTS IN THE MARKET
    * IMPACT OF INFLATION ON OUR REVENUE LEVELLED OUT SOMEWHAT
IN THE
FIRST QUARTER COMPARED TO THE FINAL MONTHS OF 2022, BUT IS STILL
CONSIDERABLE AT ALMOST 9%

Source text: https://bit.ly/43LgocO
Further company coverage:  SLIGR.AS 

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