Brief: SMCP Expects FY Sales Of Around EUR 1.23 Bln

Smcp SA

26/01/2024 17:39

Jan 26 (Reuters) - SMCP SA  SMCP.PA :
    * EXPECTS FY SALES OF AROUND EUR 1.230M IE. A GROWTH AT
CONSTANT
FX OF +3.8% VERSUS 2022 (ADDS WORD EXPECTS, ADDS PERIOD)
    * EXPECTS AN FY ADJUSTED EBIT MARGIN BETWEEN 6.4% AND 6.6%
OF
SALES (PREVIOUSLY "7% TO 9% OF SALES") (ADDS WORD EXPECTS, ADDS
PERIOD)
    * SMCP - Q4 SALES AND 2023 LANDING
    * SMCP SA - Q4 SALES REMAIN STABLE IN A DETERIORATED
MACRO-ECONOMIC ENVIRONMENTREDUCTION OF DEBT AND INVENTORIES
    * SMCP SA - GROUP DECIDED TO MAINTAIN A VERY STRICT DISCOUNT
POLICY

Source text for Eikon:  ID: 
Further company coverage:  SMCP.PA 

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