Brief: Azerion Group Eyes At Least EUR 75 Mln in Adjusted EBITDA In 2023

Azerion NV

28/02/2023 06:10

Feb 28 (Reuters) - Azerion Group NV  AZRN.AS :
    * FULL YEAR 2022 NET REVENUE OF EUR 453 MILLION (GUIDANCE OF
AT
LEAST EUR 450 MILLION)
    * FY ADJUSTED EBITDA OF EUR 52 MILLION (GUIDANCE OF AT LEAST
EUR
50 MILLION)
    * 2023 OUTLOOK OF AROUND EUR 560 MILLION NET REVENUE AND AT
LEAST
EUR 75 MILLION ADJUSTED EBITDA.
    * CASH FLOW FROM OPERATING ACTIVITIES IN Q4 2022 WAS AN
INFLOW OF
EUR 20.0 MILLION
    * ADJUSTED EBITDA MARGIN EXPECTED TO GROW AND BE IN RANGE OF
14%
TO 16% IN MEDIUM TERM
    * NET REVENUE EXPECTED ANNUAL GROWTH OF AROUND 15% IN MEDIUM
TERM

Source text for Eikon:  ID:nGNEcdRcvZ 
Further company coverage:  AZRN.AS 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))