Brief: Boozt Expects 20-25% Growth For 2021

BOOZT AB

09/02/2021 07:05

Feb 9 (Reuters) - Boozt AB  BOOZT.ST :
    * BOOZT SHOWS STRONG MOMENTUM IN FOURTH QUARTER AND EXPECTS
20-25%
GROWTH FOR 2021
    * Q4 NET REVENUE OF SEK 1,425.1 MILLION AND A NET REVENUE
GROWTH
OF 35.8% (LOCAL CURRENCY ABOUT 40%)
    * Q4 ADJUSTED EBIT MARGIN OF 9.9% (9.6%)
    * 2021 OUTLOOK OF 20-25% NET REVENUE GROWTH AND ABOVE 5%
ADJUSTED
EBIT MARGIN
    * UPDATED MEDIUM TERM FINANCIALS AMBITIONS OF OUTGROWING
NORDIC
ONLINE MARKET SIGNIFICANTLY AND A 5-7% ADJUSTED EBIT MARGIN
THROUGH 2023
    * Q4 ADJUSTED EBIT SEK 140.7 MILLION VERSUS SEK 100.9
MILLION YEAR
AGO
    * WE ARE QUITE BULLISH IN 2021 AND WE EXPECT IT TO BE
ANOTHER YEAR
OF STRONG GROWTH AND PROFITABILITY

Source text for Eikon:  ID:nMFN5VJB1l 
Further company coverage:  BOOZT.ST 

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