Sligro on track for worst day in over 5 yrs after H1 earnings miss

Sligro Food

17/07/2025 08:41

** Shares in Sligro SLIGR.AS drop around 12% after the Belgian food distribution group reported lower-than-expected H1 earnings

** H1 EBITDA came in at 58 million euros ($67.21 million), below the 68 million euros expected on average in a company-provided consensus

** "Q1 was weaker than anticipated, which could not be fully compensated by Q2," Degroof Petercam analysts say

** The broker now expects to lower its full-year EBITDA estimate by high single digits, mainly caused by the miss in H1, it says

** The shares, which were up around 28% YTD up to the previous session's close, will see their worst day since March 2020 if losses hold

($1 = 0.8630 euros)

(Reporting by Mathias de Rozario in Gdansk)

((mathias.derozario@thomsonreuters.com;))