- (PLX AI) - Colruyt FY revenue EUR 10,049 million vs. estimate EUR 10,000 million.
- • FY EBITDA EUR 741 million vs. estimate EUR 757 million
- • FY EBIT EUR 375 million vs. estimate EUR 406 million
- • FY pretax profit EUR 383 million vs. estimate EUR 400 million
- • The Belgian retail market experienced diverse impacts of the easing of COVID-19 restrictions in the financial year 2021/22. Volumes in the food stores were under pressure and market competitiveness increased strongly in terms of both price and promotions, the company said
- • Last months of the financial year were particularly marked by a challenging macroeconomic environment with high inflation: Colruyt
- • Colruyt Group expects the current macroeconomic context, which is marked by inflation, cost increases and a negative consumer confidence, to continue
- • Says will limit price increases as much as possible
- • Colruyt Group expects the consolidated net result excluding possible one-off effects to further decrease in 2022/23 compared to 2021/22
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