Brief: Better Collective Upgrades Long Term Financial Targets

Better Collective A/S

06/02/2024 15:53

Feb 6 (Reuters) - Better Collective A/S  BETCO.ST :
    * BETTER COLLECTIVE COMPLETES ACQUISITION OF PLAYMAKER
CAPITAL,
ISSUES NEW SHARES, AND UPGRADES LONG TERM FINANCIAL TARGETS
    * REVISED 2027 TARGETS: EBITDA MARGIN BEFORE SPECIAL ITEMS
OF
35-40% (PREVIOUSLY 30-40%)
    * 2027 LONG-TERM FINANCIAL TARGETS: NET DEBT TO EBITDA BELOW
3X
(UNCHANGED)
    * 2027 LONG-TERM FINANCIAL TARGETS: REVENUE CAGR OF +20%
(UNCHANGED)
    * RESOLVED TO INCREASE BETTER COLLECTIVE'S SHARE CAPITAL
WITH
NOMINALLY EUR 17,554.29
    * 1,755,429 NEW ORDINARY SHARES, EACH WITH A NOMINAL VALUE
OF EUR
0.01, HAVE BEEN ISSUED AND SUBSCRIBED FOR AGAINST CONTRIBUTION
OF COMMON SHARES OF PLAYMAKER CAPITAL

Source text for Eikon:  ID:nMFN2vkydz 
Further company coverage:  BETCO.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com;))