Inside information, profit warning: Anora Group lowers its guidance for 2023

Anora Group Plc   Inside information   18 December 2023 at 6:00 p.m. EET

Inside information, profit warning: Anora Group lowers its guidance for 2023

Anora Group lowers its guidance for 2023. Anora now expects the company’s comparable EBITDA for 2023 to be EUR 66-69 million. Previously Anora expected the comparable EBITDA to be EUR 70-78 million. For the full year 2022, Anora’s comparable EBITDA was EUR 76.1 million.

The main reasons for lowering the guidance are weaker profitability of the Wine segment than previously forecasted as well as lower monopoly sales in the fourth quarter.

New guidance for 2023:
In 2023, Anora’s comparable EBITDA is expected to be between EUR 66-69 million.

Previous guidance for 2023:
In 2023, Anora’s comparable EBITDA is expected to be EUR 70-78 million.

Anora Group Plc
Jacek Pastuszka, CEO
 

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

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

Anora is a leading wine and spirits brand house in the Nordic region and a global industry forerunner in sustainability. Our market-leading portfolio consists of our own iconic Nordic brands and a wide range of prominent international partner wines and spirits. We export to over 30 markets globally. Anora Group also includes Anora Industrial and logistics company Vectura. In 2022, Anora’s net sales were EUR 703 million and the company employs about 1,200 professionals. Anora’s shares are listed on Nasdaq Helsinki.