Edition:
India

Sligro Food Group: Flat H1 Sales Growth, Earnings Decline


Thursday, 18 Jul 2019 

July 18 (Reuters) - Sligro Food Group Nv ::SALES IN THE FIRST HALF OF 2019 WERE €1,135 MILLION, UP 0.4%.H1 NET PROFIT EUR 13 MILLION VERSUS EUR 25 MILLION YEAR AGO.HAS BEEN DECIDED TO PAY AN INTERIM DIVIDEND.H1 EBITDA EUR 56 MILLION VERSUS EUR 62 MILLION YEAR AGO.INTERIM DIVIDEND IS €0.55 PER SHARE.WE EXPECT TO BE ABLE TO COMPLETE FIRST INTEGRATION OF HEINEKEN PREMISES IN NETHERLANDS AFTER SUMMER.ON DEAL WITH HEINEKEN: WE CAN THEN FINALISE ALL INTEGRATIONS BY THE END OF 2020 ON SCHEDULE.IN AMSTERDAM, WE WILL ALSO COMPLETE THE INTEGRATION OF WHEERE IN 2020 FOLLOWING THE HEINEKEN INTEGRATION.WE EXPECT TO ACHIEVE OUR SAP IMPLEMENTATION IN BELGIUM ON TIME AND ON BUDGET IN 2020.WE ARE ASSUMING RELATIVELY FLAT MARKET, WITH INFLATION OF BETWEEN 1.5% AND 2.0% AND THEREFORE VOLUME DECREASE IN 2019.