Allerød, 2014-06-04 08:01 CEST (GLOBE NEWSWIRE) -- The Board of Directors of Matas A/S today considered and adopted the annual report for the period 1 April 2013 – 31 March 2014.
Terje List, Chief Executive Officer, said: "We are delighted to present our first annual report as a listed company with an adjusted EBIT slightly above our guidance. In a year with a continuing weak retail market, we are very pleased to report like-for-like growth of 3.4%. This is a good performance achieved through a strong commitment at all levels of our organisation."
| DKK millions | FY 2013/14 | FY 2012/13 | Q4 2013/14 | Q4 2012/13 |
| Revenue | 3,345 | 3,200 | 744 | 729 |
| Gross profit | 1,541 | 1,471 | 355 | 345 |
| Operating profit | 464 | 456 | 88 | 81 |
| Adjusted EBIT (EBITA) | 571 | 548 | 109 | 104 |
| Adjusted EBIT margin (EBITA margin) | 17.1% | 17.1% | 14.6% | 14.3% |
| Profit for the year | 249 | 263 | 4 | 45 |
| Adjusted profit after tax | 374 | 336 | 62 | 63 |
| Cash generated from operations | 674 | 617 | 259 | 184 |
| Earnings per share, DKK | 6.12 | 6.45 | 0.10 | 1.10 |
| Dividend per share (proposed), DKK | 5.50 | - | - | - |
Outlook for 2014/15
- Revenue is expected to be around DKK 3.5 billion, assuming like-for-like growth of 2-3% after taking into account a negative calendar effect.
- The EBITA margin is expected to be on a level with the 2013/14 EBITA margin, which was 17.1%.
Investor conference call A conference call for investors and analysts will be held on Wednesday, 4 June at 10:00 a.m. Conference call access numbers for investors and analysts:
| Denmark | +45 3272 8018 |
| UK | +44 1452 555 131 |
| US | +1 866 682 8490 |
The conference call, presentation and additional information will be available on our investor website: investor.en.matas.dk.
Annual General Meeting The annual general meeting will be held on Monday, 30 June 2014 at 4:00 at the Tivoli Hotel & Congress Center, Arni Magnussons Gade 2-4, DK-1577 Copenhagen V, Denmark.
Matas A/S
For further information please contact:
| Jesper Breitenstein Head of Investor Relations +45 27 80 76 75 | Henrik Engberg Johannsen Information manager +45 21 71 24 74 |
Matas A/S Rørmosevej 1 P.O. Box 222 DK-3450 Allerød Tel: +45 4816 5555 Fax: +45 4816 5500
E-mail: mail@matas.dk www.matas.dk CVR no. 27 52 84 06
