Annual report for the financial year 2014/15

Matas A/S
Annual report/ annual accounts

Annual report for the financial year 2014/15

Company announcement no. 7, 2015/16

The Board of Directors of Matas A/S today considered and adopted the annual
report for the period 1 April 2014 – 31 March 2015. 

Terje List, Chief Executive Officer, said: "We are pleased to present our
annual report showing revenue and operating results in line with our latest
guidance. Det var specielt positivt at kunne levere en like-for-like vækst på
3,7% i 4. kvartal 2014/15 i et fortsat svært marked. This good performance and
our continuing focus on implementing our strategic initiatives supports our
strong position as the leading cross-channel retail chain on the Danish
market." 


(DKK millions)                      2014/15  2013/14  Q4 2014/15  Q4 2013/14
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Revenue                               3,433    3,345         772         744
Gross Profit                          1,595    1,541         355         355
Operating profit                        526      464         100          88
EBITA                                   602      571         119         109
EBITA margin                          17.5%    17.1%       15.4%       14.6%
Profit/(loss) for the year              340      249          63           4
Adjusted profit after tax               398      374          77          62
Cash generated from operations          621      674         111         259
Earnings per share, DKK                8.39     6.12        1.57        0.10
Dividend per share (proposed), DKK     5.80     5.50           -           -
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Outlook for 2015/16

  -- Revenue is expected to be around DKK 3.5 billion, assuming like-for-like
     growth of approximately 2% after taking into account a negative calendar
     effect.
  -- The EBITA margin is expected to be at the level of 17.0-17.5%.


Investor conference call
A conference call for investors and analysts will be held on Thursday, 28 May
at 10:00 a.m. The conference call will be available via Matas's investor
website: investor.matas.dk and the following telephone numbers: 

Denmark:            +45 3271 1659
UK:                      +44 20 3427 1912
US:                      +1 646 254 3360



Annual general meeting
The annual general meeting will be held on 24 June 2014 at 4:00 at the Tivoli
Hotel & Congress Center, Arni Magnussons Gade 2-4, DK-1577 Copenhagen V,
Denmark. 







Matas A/S







Contacts                                                               
Terje List                Jesper Breitenstein                          
CEO, tel +45 4816 5555    Head of Investor Relations, tel +45 4816 5548
                                                                       
Anders T. Skole-Sørensen  Henrik Engberg Johannsen                     
CFO, tel +45 4816 5604    Information Manager, tel +45 2171 2474