Brief: Deezer Posts H1 14.9% Revenue Growth YoY At EUR 267.9 Mln

Deezer SA

30/07/2024 17:11

July 30 (Reuters) - Deezer SA  DEEZR.PA :
    * REPORTS 14.9% REVENUE GROWTH AND RECORD RESULTS IN H1
2024,
INCREASING 2024 ADJUSTED EBITDA TARGET
    * INCREASED ADJUSTED EBITDA TARGET, NOW EXPECTED BETTER THAN
€(10)
MILLION IN 2024, COMPARED TO THE PREVIOUS TARGET OF BETTER THAN
€(15) MILLION
    * CONFIRMATION OF POSITIVE FREE CASH FLOW IN 2024
    * APPOINTMENT OF ALEXIS LANTERNIER AS CEO OF DEEZER AS OF 2
SEPTEMBER 2024
    * FREE CASH FLOW POSITIVE IN H1 , STRONG CASH POSITION OF
€65.1
MILLION AT THE END OF JUNE
    * H1 SUBSCRIBER BASE AT 10.5 MILLION, +1.3 MILLION YOY
(+13.7%
YOY)

Source text: shorturl.at/OUfiC
Further company coverage:  DEEZR.PA 

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