Brief: Teract Forecasts EUR 880-990 Mln Revenue In Updated FY Outlook

Teract SA

06/06/2023 06:08

June 6 (Reuters) - Teract SA  TRACT.PA :
    * ADDITIONAL INFORMATION AND UPDATES ITS OUTLOOK FOR THE
2022-2023
FINANCIAL YEAR
    * OUTLOOK FOR THE 2022-2023 FINANCIAL YEAR: CAPITAL
EXPENDITURE
EXCLUDING EXTERNAL GROWTH OF AROUND 3.5% OF REVENUE (VERSUS.
APPROX. 5% OF  REVENUE);
    * OUTLOOK FOR THE 2022-2023 FINANCIAL YEAR: FREE CASH-FLOW
OF
BETWEEN €60M AND €65M (VERSUS. APPROX. €60M)
    * OUTLOOK 2022-2023: REVENUE BETWEEN EUR 880MLN-990MLN
(VERSUS>€870M) AND ADJUSTED EBITDA OF BETWEEN €95M AND €105M
(VERSUS. APPROX. €105M), GIVING AN ADJUSTED EBITDA MARGIN OF
BETWEEN 10.4% AND 12%  (VERSUS. APPROX.12%)
    * WILL PUBLISH A PRESS RELEASE REGARDING THE STATUS OF ITS
DISCUSSIONS WITH CASINO GROUP ON PLAN TO ENTER INTO PARTNERSHIP
ONCE THE EXCLUSIVE DISCUSSION PERIOD ENDS, AS  SCHEDULED ON THE
EVENING OF 8 JUNE 2023 

Source text for Eikon:  ID:nNDL6gmJQW 
Further company coverage:  TRACT.PA   CASP.PA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))