Brief: Cherry Sees 2023 Revenue EUR 135-165 Million
30/03/2023 07:07
Mar 30 (Reuters) - Cherry Outlook FY adjusted EBITDA margin 10-14%. * FY adjusted EBITDA EUR 15.2 million with the adjusted EBITDA margin declining by 17.5 percentage points to 11.5% * The Management Board sees the 2023 fiscal year as a transitional year and aims to return to an EBITDA margin of over 20% in the medium term * Outlook FY revenue EUR 135-165 million; IBES consensus EUR 148 million