Brief: Careium Revises Full-Year Outlook Downwards

Careium AB (publ)

13/09/2024 07:09

Sept 13 (Reuters) - Careium AB (publ)  CAREI.ST :
    * CAREIUM REVISES FULL-YEAR OUTLOOK DUE TO INFRASTRUCTURE
TRANSITION DELAYS IN THE UK AND SWEDEN
    * HAS REVISED ITS FULL-YEAR GROWTH OUTLOOK DOWNWARD DUE TO
INFRASTRUCTURE TRANSITION DELAYS AFFECTING ITS BUSINESS MORE
THAN EXPECTED
    * NEW OUTLOOK: FOR FULL YEAR 2024, CAREIUM EXPECTS AN
ORGANIC
SALES GROWTH OF 5 TO 10 PERCENT
    * NEW OUTLOOK: WE EXPECT EBIT TO INCREASE, LEADING TO AN
EBIT
MARGIN OF 7.5 TO 10 PERCENT IN 2024
    * PREVIOUS OUTLOOK: FOR FULL YEAR 2024, CAREIUM EXPECTS AN
ORGANIC
SALES GROWTH OF 12 TO 15 PERCENT
    * WE ANTICIPATE A SLIGHTLY NEGATIVE GROWTH FOR Q3, FOLLOWED
BY
RETURNING TO CLEARLY POSITIVE GROWTH IN Q4
    * OUR OUTLOOK FOR INCREASED EBIT IN 2024 REMAINS STRONG

Source text for Eikon:  ID:nWkrbl7pYs 
Further company coverage:  CAREI.ST 

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