Analyst Research

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Provider: Reuters Investment Profile
$20.00
Provider: Thomson Reuters StreetEvents
$75.00
Provider: Thomson Reuters StreetEvents
$75.00
Provider: Thomson Reuters StreetEvents
$75.00

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Matas specifies its FY 2013/2014 revenue expectations


Friday, 21 Feb 2014 01:59am EST 

Matas A/S:Specifies FY 2013/2014 revenue growth guidance excluding StyleBox and acquisitions of associated stores to be at around 4 percent, up from the previous guidance of slightly higher than 3.3 percent.Says reported revenue is expected to be in the range of 3,350-3,375 million Danish crowns.Says the change is due to better-than-expected like-for-like sales growth in Q3 2013/14.Estimates FY 2013/2014 adjusted EBIT (defined as operating profit plus amortization of trademarks and non-recurring IPO-related costs) to be in the range of 540-560 million Danish crowns.FY 2013/2014 revenue 3,373 million Danish crowns, EBIT 512.67 million Danish crowns - Thomson Reuters I/B/E/S Estimates.