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 |
| 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 | - | - |
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 |
