Today we published an update on the effect of corona on Sligro Food Group. We now read in various media that the information we gave about delivery turnover and EBITDA is related to the full fiscal year 2020. That is not correct. This concerns the period in which the corona measures apply to the catering industry.
In the press release, read the relevant paragraph as follows:
‘To combat the effect of lower sales, we immediately implemented a large package of measures to offset the decline in revenue by reducing costs as far as possible. Combining this with our use of support measures offered by government, we expect that in the months in which the corona measures in the catering industry are in effect our EBITDA will decline substantially but still will end up between break-even and slightly positive. If the market recovers, our profitability will also improve again'.
Veghel, 19 March 2020
On behalf of the Executive Board of Sligro Food Group N.V.
Koen Slippens, CEO
Rob van der Sluijs, CFO
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