Brief: Adesso Raises Full-Year Sales Guidance

adesso SE

29/07/2022 14:27

July 29 (Reuters) - adesso SE  ADNGk.DE :
    * DGAP-ADHOC: ADESSO SE RAISES FULL-YEAR SALES GUIDANCE
BASED ON
PRELIMINARY FIGURES WITH STRONG GROWTH IN THE FIRST HALF OF 2022
    * Q2 EBITDA 27.9 MILLION EUR
    * EBITDA IN FIRST HALF OF 2022 WAS EXPECTINGLY LOWER AT EUR
38.0
MILLION
    * EXCLUDING THIS EFFECT, VALUE OF PREVIOUS YEAR WAS AGAIN
ACHIEVED. EBITDA MARGIN AFTER FIRST SIX MONTHS IS CALCULATED AT
9.2 %.
    * WHILE STRONGER Q1 OF 2022 GENERATED EUR 209.8 MILLION IN
REVENUE
WITH EBITDA OF EUR 27.9 MILLION, Q2 OF YEAR CONTRIBUTED EBITDA
OF EUR 10.1 MILLION (PREVIOUS YEAR: EUR 19.8 MILLION)
    * RAISING REVENUE GUIDANCE FOR FULL YEAR TO EUR 800 TO 850
MILLION
(PREVIOUSLY EUR 750 TO 800 MILLION)
    * FORECAST FOR EBITDA OF EUR 90 TO 95 MILLION AND EBITDA
MARGIN OF
11 TO 12 % IS CONFIRMED.

Source text for Eikon:  ID:nEQ5bSzLya 
Further company coverage:  ADNGk.DE 

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