Brief: BIKE24 Holding: FY Adjusted EBITDA At EUR 30.6 Mln

Bike24 Holding AG

31/03/2022 06:35

March 31 (Reuters) - BIKE24 HOLDING AG  BIKE.DE :
    * REPORTS STRONG AND PROFITABLE GROWTH FOR FISCAL YEAR 2021
- MORE
THAN 25% INCREASE IN REVENUE, ADJUSTED EBITDA MARGIN EXCEEDING
12%
    * FY ADJUSTED EBITDA 30.6 MILLION EUR VERSUS 26.7 MILLION
EUR YEAR
AGO
    * REVENUES PROJECTED TO ALMOST TRIPLE BY 2026 WITH AN
ADJUSTED
EBITDA MARGIN OF 10% TO 12% FROM 2023 ONWARDS
    * FURTHER SIGNIFICANT REVENUE INCREASE BETWEEN 10% AND 17%
EXPECTED FOR 2022 DESPITE UNCERTAIN ENVIRONMENT WITH UNDERLYING
ADJUSTED EBITDA MARGIN OF BETWEEN 9 AND 10% REFLECTING GROWTH
INVESTMENTS

Source text for Eikon:  ID:nEQ4qtjXKa 
Further company coverage:  BIKE.DE 

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