Boozt: Seen up on FY outlook hike

BOOZT AB

14/04/2021 07:57

** Shares in Boozt  BOOZT.ST  seen 2-3% higher after the
Swedish online retailer raised 2021 outlook  urn:newsml:reuters.com:*:nNDL9drWf4
    ** Now sees FY 25-30% net revenue growth (previously
20-25%)and an adjusted EBIT margin above 5.5% (previously above
5%)
    ** The company cites very strong Q1, a promising start to
the new season and increasing demand for fashion
    ** Shares up 4% this year

 ((marta.frackowiak@thomsonreuters.com))