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BRIEF-Matas says Q2 ‍underlying growth rate for owned stores was 0.8%
October 10, 2017 / 5:25 PM / a month ago

BRIEF-Matas says Q2 ‍underlying growth rate for owned stores was 0.8%

Oct 10 (Reuters) - Matas A/S

* ‍trading update for Q2 2017/18 and adjusted expectations for 2017/18​

* ‍underlying growth rate for owned stores was 0.8% in Q2 2017/18​

* ‍Underlying revenue in first six months of 2017/18 was down by 1.1%​

* Revised expectations for 2017/18 include decline in underlying revenue of between 0 and 2%

* ‍Sees EBITA to be realised at a level between DKK 440-470 million for 2017/18​

* Sees ‍investments of around DKK 90-100 million for 2017/18​ Source text for Eikon: Further company coverage:

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