Brief: Donkeyrepublic H1 90% Revenue Growth

DonkeyRepublic Holding A/S

23/08/2022 06:11

Aug 23 (Reuters) - Donkeyrepublic Holding A/S  DONKEY.CO :
    * SAID ON MONDAY H1 2022 INTERIM REPORT - DONKEY REPUBLIC
GROWTH
REVENUE BY 90% COMPARED TO 2021
    * H1 REVENUE GROWTH OF 90% COMPARED TO SAME PERIOD LAST YEAR
AND
OPERATIONAL MARGIN OF 19% (VERSUS. -23% IN H1 2021)
    * 2022 GUIDANCE:  REVENUE DEVELOPMENT AND OUTLOOK REMAINS IN
LINE
WITH OUR GUIDANCE OF EUR 9 TO 10M
    * 2022 GUIDANCE:  ADJUSTED OUR EBIT GUIDANCE TO EUR -4.5 TO
-4.0M
FOR 2022 FROM PREVIOUSLY EUR -5.5 TO -5.0M
    * PROFITABILITY IN 2023 - DONKEY REPUBLIC AIMS ON BECOMING
PROFITABLE AS OF 2023, COMING FROM IMPROVED REVENUE AS WELL AS
OPERATIONAL MARGIN AND LOWER FIXED COST.

Source text for Eikon:  ID:nWkr8htcvG 
Further company coverage:  DONKEY.CO 

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