Brief: Better Collective Acquires Skycon, Upgrades Financial Targets 2023

Better Collective A/S

14/04/2023 11:37

April 14 (Reuters) - Better Collective A/S  BETCO.ST :
    * BETTER COLLECTIVE ACQUIRES SKYCON LIMITED AND UPGRADES ITS
FINANCIAL TARGETS FOR 2023
    * FINANCIAL TARGET 2023: EBITDA BEFORE SPECIAL ITEMS OF
95-105
MEUR (PREVIOUS 90-100 MEUR)
    * FINANCIAL TARGET 2023: REVENUE OF 305-315 MEUR (PREVIOUS
290-300
MEUR)
    * ACQUIRES SKYCON LIMITED FOR TOTAL CONSIDERATION OF UP TO
45 MGBP
    * ACQUISITION WILL BE FUNDED BY CASH, EARN-OUT IS ESTIMATED
TO BE
AT LEAST 50% FINANCED BY EXISTING REVENUE SHARE DATABASE

Source text for Eikon:  ID:nMFN45KCK2 
Further company coverage:  BETCO.ST 

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