Brief: Believe Confirms Its FY23 Outlook, Anticipates Higher Growth In Q4

Believe SA

24/10/2023 16:54

Oct 24 (Reuters) - Believe SA  BLV.PA :
    * CONFIRMED 2023 OUTLOOK: ORGANIC GROWTH OF C. +14% AND
ADJUSTED
EBITDA MARGIN OF AT LEAST 5.5%
    * Q3'23 IN LINE WITH GROUP'S EXPECTATIONS
    * ADVANCES ARE EXPECTED TO BE LOWER IN H2'23 AND GROUP
CONFIRMS
ITS EXPECTATIONS OF A POSITIVE FREE CASH FLOW FOR H2'23
    * IN Q4'23, BELIEVE ANTICIPATES A HIGHER GROWTH RATE DRIVEN
BY A
SOLID INCREASE IN PAID STREAMING REVENUES DUE TO POSITIVE IMPACT
OF PRICE INCREASES

Source text for Eikon:  ID:nGNEcd641V 
Further company coverage:  BLV.PA 

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