Globe Newswire
Annual Report 2020/21 and Trading Update
Company announcement no. 01 2021/22 – INSIDE INFORMATIONAllerød, 27 May 2021 Annual Report 2020/21 and Trading Update Highlights from Matas’ Annual Report 2020/21 Revenue came to DKK 4,164 million, a year-on-year increase of 12.9%. An exceptionally strong demand due to the pandemic affected growth by around 3-4%.Online sales maintained momentum and doubled to DKK 1.1 billion, to account for 32% of overall Q4 sales and 26% of sales for the year as a whole.Profitability was maintained at a high level with an EBITDA margin before special items of 19.1% (19.0%) on EBITDA of DKK 797 million.The free cash flow was historically strong at DKK 774 million against DKK 111 million in 2019/20.The growth and profitability performance was in line with Matas’ most recent guidance provided in February 2021.The Board of Directors proposes that DKK 150 million, equivalent to 42% of Matas’ adjusted profit for 2020/21, be distributed to the Company’s shareholders. Half of this amount will be distributed as dividend, equivalent to DKK…
