January 23, 2020 / 7:25 AM / a month ago

BRIEF- Sligro Food Group FY Net Profit Down 88% Y/Y

Jan 23 (Reuters) - SLIGRO FOOD GROUP NV:

* FY NET PROFIT EUR 33 MLN VS EUR 276 MLN YR AGO

* EXPECTS LIMITED OVERALL MARKET GROWTH IN 2020 DUE TO THE COMBINATION OF SOME PRICE INFLATION AND SLIGHTLY DECLINING VOLUMES

* DE KWEKER WILL ADD APPROXIMATELY €55 MILLION IN FURTHER INORGANIC NET SALES GROWTH IN H1 OF 2020, AND EXPECTS TO LARGELY COMPLETE INTEGRATION OF COMPANY

* FY NET SALES EUR 2.40 BLN VS PREVIOUSLY REPORTED EUR 2.39 BLN

* PROPOSES DIVIDEND FOR 2019 AT EUR 1.40 PER SHARE

* EBIT FOR 2019 CAME IN AT EUR 44 MILLION, STAYING WITHIN THE PREVIOUSLY COMMUNICATED BANDWIDTH

* FREE CASH FLOW IN 2019 AT EUR 36 MLN VS EUR 102 MLN YR AGO

Source text : bit.ly/37kbhmp

Further company coverage: (Gdansk Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below