Sligro falls as ERP accounting change weighs on 2026, 2027 earnings

Sligro Food NV

16/04/2026 09:02

** Shares in Sligro SLIGR.AS drop 4% after the Dutch food service group's Q1 update said costs of its ERP accounting transition will mainly impact earnings in 2026 and 2027

** ING flags a "material negative" share reaction from Sligro's ERP accounting change, with 2026 EBITDA forecasts seen more than 7% lower after a 30% YTD run-up

** Degroof Petercam notes that the change will hit 2026 EBITDA by 12 million euros ($14 million), stressing however that "it has no impact on cash flow"

** Q1 sales of 578 million euros rose 0.7% year-on-year, missing consensus estimates by 1.2%

** Shares are on track for their worst day since October 2025, when they closed 4.6% lower

($1 = 0.8479 euros)

 (Reporting by Jerome Terroy)

 ((jerome.terroy@thomsonreuters.com))