Brief: Bike24 Now Expects A Change In Revenue Growth Of -16% To -11% For FY 2023 Compared To FY 2022

Bike24 Holding AG

25/10/2023 17:15

Oct 25 (Reuters) - Bike24 Holding Ag  BIKE.DE :
    * EQS-ADHOC: BIKE24 HOLDING AG: DOWNWARD ADJUSTMENT OF
GUIDANCE
FOR REVENUE GROWTH IN THE FISCAL YEAR 2023
    * NOW EXPECTS A CHANGE IN REVENUE GROWTH OF -16% TO -11% FOR
FISCAL YEAR 2023 COMPARED TO FISCAL YEAR 2022
    * CONFIRMS ITS GUIDANCE FOR ADJUSTED EBITDA MARGIN OF
BETWEEN -1%
AND +1% FOR FISCAL YEAR 2023.
    * ASSUMES FOR Q3 BASED ON PRELIM CALCULATIONS A DECREASE IN
REVENUE BY APPROX. -16% COMPARED WITH Q3 OF LAST FISCAL YEAR
    * ASSUMES FOR Q3 BASED ON PRELIMINARY CALCULATIONS AN
ADJUSTED
EBITDA MARGIN OF APPROX. +3.9%

Source text for Eikon:  ID:nEQ2Ldyjra 
Further company coverage:  BIKE.DE 

 ((Reuters.Briefs@thomsonreuters.com;))