Brief: Sligro Food Group Q1 Revenue up, Assumes Full Market Recovery Mid-2021

Sligro Food

23/04/2020 07:34

April 23 (Reuters) - SLIGRO FOOD GROUP NV  SLIGR.AS :
    * Q1 REVENUE EUR 533 MILLION VERSUS EUR 528 MILLION YEAR AGO
    * ON CORONAVIRUS: Q2 ARE STILL UNDER COMPARABLE MARKET
CONDITIONS
AS Q1
    * IN NETHERLANDS, CONSOLIDATION OF DE KWEKER ADDED € 25
MILLION TO
SALES IN FIRST QUARTER
    * ON CORONAVIRUS: IN Q3 AND Q4 EXPECT A SLOW BUT GRADUAL
RECOVERY
OF SALES MARKETS
    * HOWEVER, WE ALSO ASSUME THAT OUR MARKETS WILL NEED UNTIL
MID-2021 TO RECOVER TO PRE-COVID-19 LEVELS

Source text for Eikon:  ID:nNDL3s7vrx 
Further company coverage:  SLIGR.AS 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))