Annual report for the financial year 2013/14

Matas A/S
Annual report/ annual accounts

Annual report for the financial year 2013/14

Company announcement no. 3 2014/15

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  Q4 2012/13
                                                             2013/14            
--------------------------------------------------------------------------------
                                                                                
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             17.1%       17.1%      14.6%       14.3%
 margin)                                                                        
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),           5.50           -          -           -
 DKK                                                                            
--------------------------------------------------------------------------------



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         Henrik Engberg Johannsen
Head of Investor Relations  Information manager     
+45 27 80 76 75             +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: [email protected]  www.matas.dk  CVR no. 27 52 84 06