Brief: Adevinta Outlook 2023: Reported EBITDA In The Range Of EUR 620 Mln To EUR 650 Mln

Adevinta ASA

23/02/2023 07:58

Feb 23 (Reuters) - Adevinta ASA  ADEA.OL :
    * STEADY DOUBLE DIGIT GROWTH IN CLASSIFIEDS (+15%), WITH
STRONG
PERFORMANCE IN MOBILITY (+19%) AND REAL ESTATE (+9%) WHILE JOBS
REMAINED DYNAMIC (+5%)
    * OUTLOOK 2023: LOW DOUBLE DIGIT CORE MARKETS REVENUE GROWTH
    * OUTLOOK 2023: REPORTED EBITDA IN THE RANGE OF €620M TO
€650M
    * OUTLOOK 2023: LEVERAGE REDUCED TO BELOW 3X NET DEBT/EBITDA
BY
YEAR END
    * OUTLOOK 2023-2026 ANNUAL REVENUE GROWTH BETWEEN 11% AND
15%
    * OUTLOOK 2026 EBITDA MARGIN: 40-45%

Source text for Eikon:  ID:nPlx9pGGrT 
Further company coverage:  ADEA.OL 
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