Brief: Bigben Interactive Raises 2020/21 Current Operating Margin Target

Bigben Interactive SA

30/11/2020 17:00

Nov 30 (Reuters) - Bigben Interactive SA  BGBN.PA :
    * H1 EBITDA EUR 33.4 MILLION VERSUS EUR 27.7 MILLION YEAR
AGO
    * H1 NET RESULT EUR 9.7 MILLION VERSUS EUR 8.3 MILLION YEAR
AGO
    * CONFIRMS 2020/2021 ANNUAL SALES TARGET BETWEEN EUR 270
MILLION
AND EUR 290 MILLION (VERSUS. 263.5 M€ AT 31 MARCH 2020)
    * RAISES CURRENT OPERATING MARGIN TARGET FROM "OVER 10%" TO
"OVER
12%" (VERSUS. 9.0% AT 31 MARCH 2020)
    * REITERATES FINANCIAL TARGETS FOR FY 2022/23 WITH SALES OF
EUR
350 MILLION AND COI RATE OF 13%
    * MOMENTUM OF NACON GAMING SHOULD CONTINUE AND GENERATE A
STRONG
POSITIVE CONTRIBUTION
    * BIGBEN IS CONFIDENT IN ACHIEVING ITS FORECASTS FOR H2

Source text for Eikon:  ID:nGNE8Z9mg 
Further company coverage:  BGBN.PA 

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