Brief: Boozt Q1 Net Revenue At SEK 1,137.4 Mln

BOOZT AB

07/05/2021 07:09

May 7 (Reuters) - Boozt AB  BOOZT.ST :
    * BOOZT REPORTS BEST EVER FIRST QUARTER RESULTS WITH STRONG
GROWTH
AND PROFITABILITY
    * Q1 NET REVENUE OF SEK 1,137.4 MILLION AND A NET REVENUE
GROWTH
OF 48.5%
    * Q1 GROSS MARGIN OF 40.3% (31.9)
    * Q1 ADJUSTED EBIT MARGIN OF 6.0% (-8.0)
    * UPGRADED 2021 OUTLOOK OF 25-30% NET REVENUE GROWTH (20-25%
PREVIOUSLY), AND ADJUSTED EBIT MARGIN ABOVE 5.5% (ABOVE 5%
PREVIOUSLY)
    * GROWTH EXCEEDED OUR EXPECTATIONS WITH 54% LOCAL CURRENCY
GROWTH
AND STRONG PROFITABILITY WITH AN ADJUSTED EBIT MARGIN OF 6%

Source text for Eikon:  ID:nMFN9Jy5w0 
Further company coverage:  BOOZT.ST 

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