Sligro : Gradually moving towards pre-COVID revenue levels
>Q3 2021 sales slightly ahead of our forecast - Sligro reported Q3 2021 sales of € 556m, a tad ahead of our forecast of € 552m. Both the Dutch and Belgian operations outperformed our estimates. We attach little weight to consensus of € 590m, which, according to Sligro, included extreme outliers. The Q3 2021 performance implies that Sligro is back to 92% of pre-COVID sales of € 605m reported in Q3 2019 (H1 2021: 66%). Sligro reported a strong recovery in virtually all ...Sligro Food Group NV is a company engaged in the food distribution industry, based in the Netherlands. It divides its business into two segments: Food Retail activities comprise around 130 full-service EMTE supermarkets with 30 operated by independent retailers; Food Service offers nationwide network of cash and carry and delivery service outlets serving large and small-scale hospitality, establishments, leisure facilities, volume users, company and other caterers, forecourt retailers, small and medium-sized enterprises, smaller retail businesses and the institutional market. The Company serves the institutional market trading under the name Van Hoeckel and the other segments of the market as Sligro. The Company's subsidiaries include CaterTechBV and Bejaco NV, including its subsidiaries JAVA BVBA and Freshtrans BVBA, jointly known as JAVA Foodservice.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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