Q1-25 sales came in 1% below our and 2% below CSS, which we primarily attribute to the impact of technicalities like late Easter and leap day.Based on today's results we expect to finetune our FY25 estimates.We reiterate our Buy rating with a TP of EUR 16.5. Management's comments on underlying trends confirm our view that Sligro Food Group is up for a strong year of EBITDA growth and cash generation.
17 Apr 2025
(Sponsored) Sligro Food Group - Q1-25 sales marginally missing, positive comments on underlying trends
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(Sponsored) Sligro Food Group - Q1-25 sales marginally missing, positive comments on underlying trends
Sligro Food Group N.V. (SLIGR:AMS) | 0 0 0.0%
- Published:
17 Apr 2025 -
Author:
Fernand de Boer -
Pages:
9 -
Q1-25 sales came in 1% below our and 2% below CSS, which we primarily attribute to the impact of technicalities like late Easter and leap day.Based on today's results we expect to finetune our FY25 estimates.We reiterate our Buy rating with a TP of EUR 16.5. Management's comments on underlying trends confirm our view that Sligro Food Group is up for a strong year of EBITDA growth and cash generation.