Allerød, 2014-02-27 09:54 CET (GLOBE NEWSWIRE) -- Matas A/S today signed agreements to acquire six associated stores. The consideration for the acquisition of the six stores is approximately DKK 35 million subject to potential adjustments in connection with the final calculation of the balance sheets as of the date of acquisition. The six stores will be consolidated before March 31 2014 and have total annual revenues in the region of DKK 50 million.
The acquisition of the six stores has no impact on the guidance for 2013/14 or the expectation of a cash distribution to the shareholders of at least 60% of Adjusted Profit after tax for 2013/14.
Matas A/S
