Annual report 2015/16
Matas A/S
Annual report/ annual accounts
Annual report 2015/16
Company announcement 7 2016/17
Allerød, 2016-05-27 07:56 CEST (GLOBE NEWSWIRE) -- The Board of Directors of
Matas has today adopted the annual report for 1 April 2015 – 31 March 2016.
Terje List, CEO: ”2015/16 and especially Q4 showed a challenging sales
development for Matas. It is therefore positive that the weak finish to the
financial year in especially March was more than offset by a good start to the
new financial year, leading to the two months of March and April showing
positive sales growth combined. Despite the difficult conditions, we maintained
revenue, earnings and cash flow at high level, leading us to plan to initiate
an increased share buy back program as early as Q2 2016/17. With the
development of a number of new strategic initiatives, of which some will be
implemented in the first half of 2016/17, we view positively on growth
opportunities for 2016/17.”
DKK millions 2015/16 2014/15 Q4 2015/16 Q4 2014/15
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Revenue 3,426 3,433 765 772
Gross profit 1,605 1,595 364 355
Operating profit 514 526 82 100
EBITA 590 602 101 119
EBITA margin 17.2% 17.5% 13.2% 15.4%
Profit for the period 365 340 54 63
Adjusted profit after tax 423 398 69 77
Cash generated from operations 749 621 136 111
Earnings per share, DKK 9.17 8.39 1.41 1.57
Dividend per share (proposed), DKK 6.30 5.80 - -
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Expectations:
The financial expectations for 2016/17 are as follows:
§ Revenue is expected to show a like-for-like growth of about 1-3% including a
positive calendar effect.
§ The EBITA margin is expected at a level slightly below 17%.
§ CapEx of around DKK 90-100 mill. (excluding acquisition of stores)
Coference Call:
Matas will host a conference call for investors and analysts on 27 May 2016 at
10.00 a.m. CET. The conference call presentation will be available on our
investor website investor.en.matas.dk.
Participant dial-in:
UK: +44(0)20 3427 1904
US: +1 212 444 0895
Denmark: +45 32 71 16 59
Confirmation code: 8347186
Please dial in 5-10 minutes prior to the start time using the number /
Conference ID below:
Link til webcast: http://edge.media-server.com/m/p/x4ttj86g
Annual General Meeting:
The annual general meeting will be held on Wednesday 29 June 2016 at 16:00
(CET) in Tivoli Hotel & Congress Center, Arni Magnussons Gade 2-4, DK-1577
Copenhagen V.
Contact persons:
Terje List Søren Mølbak
CEO, tel: + 45 48 16 55 55 Head of Investor
Relations, tel. +45 48 16 55 48
Anders T. Skole-Sørensen Henrik Engberg Johannsen
CFO, tel: + 45 48 16 55 55 Information Manager, tel.
+45 21 71 24 74
