Inside information, profit warning: Anora Group lowers its guidance for 2024

Anora Group Plc Inside information 14 October 2024 at 9:00 a.m. EEST

Inside information, profit warning: Anora Group lowers its guidance for 2024

Anora Group lowers its guidance for 2024. Anora now expects the company’s comparable EBITDA for 2024 to be EUR 65-70 million. Previously Anora expected the comparable EBITDA to be EUR 75-85 million. For the full year 2023, Anora’s comparable EBITDA was EUR 68.2 million.

The main reasons for lowering the guidance are lower volumes in beverage sales in Wine and Spirits segments in September than previously forecasted especially in the monopoly channels, with a negative impact on comparable EBITDA.

New guidance for 2024: In 2024, Anora’s comparable EBITDA is expected to be between EUR 65-70 million (2023: EUR 68.2 million).

Previous guidance for 2024: In 2024, Anora’s comparable EBITDA is expected to be EUR 75–85 million (2023: EUR 68.2 million).

Anora Group Plc Jacek Pastuszka, CEO Stein Eriksen, CFO

Contacts: Milena Hæggström, Director, Investor Relations milena.haeggstrom@anora.com, tel. +358-40 5581 328

Distribution: Nasdaq Helsinki Ltd Principal media www.anora.com