Brief: Bike24 Holding 9-Month Revenues At EUR 191.7 Million

Bike24 Holding AG

11/11/2021 06:54

Nov 11 (Reuters) - BIKE24 HOLDING AG  BIKE.DE :
    * BIKE24 CONTINUES ITS PROFITABLE GROWTH COURSE: SALES UP
30.6
PERCENT AFTER NINE MONTHS, ADJUSTED EBITDA MARGIN AT 13.6
PERCENT
    * 9M EBITDA ROSE 8.4 PERCENT TO 18.8 MILLION EUR
    * SALES UP 30.6 PERCENT AFTER NINE MONTHS, ADJUSTED EBITDA
MARGIN
AT 13.6 PERCENT
    * 9-MONTH REVENUES OF EUR 191.7 MILLION
    * 9-MONTH IN Q3, SALES AMOUNTED TO EUR 64.3 MILLION, AN
INCREASE
OF 10.1% OVER PREVIOUS YEAR'S QUARTER
    * Q3 (UNADJUSTED) OPERATING RESULT (EBIT) WAS EUR 8.3
MILLION, UP
16.3% FROM EUR 7.1 MILLION IN 2020 (Q3: EUR 2.1 MILLION AFTER
EUR 5.3 MILLION)
    * Q3 FOR FULL YEAR 2021, MANAGEMENT HAS FURTHER SPECIFIED
TARGETED
GROWTH RANGE FROM 23-30% TO 24-26%
    * Q3 GROWTH IN Q4 IS EXPECTED TO BE IN LOW DOUBLE-DIGIT
RANGE
    * Q3 ADJUSTED EBITDA MARGIN REMAINS UNCHANGED BETWEEN 12%
AND 13%

Source text for Eikon:  ID:nEQ64W6z2a 
Further company coverage:  BIKE.DE 

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