Brief: Evolution Q1 EBITDA EUR 342 Mln, Below IBES Estimates

Evolution AB (publ)

30/04/2025 06:41

April 30 (Reuters) - Evolution AB (publ) EVOG.ST:

EVOLUTION Q1 NET INCOME EUR 254.7 MILLION

EVOLUTION Q1 EBITDA EUR 342 MILLION VERSUS. IBES ESTIMATE EUR 366.7 MILLION

EVOLUTION Q1 REVENUE EUR 520.9 MILLION VERSUS. IBES ESTIMATE EUR 546.8 MILLION

EVOLUTION Q1 ADJUSTED EPS EUR 1.24

IN ASIA CO IS IMPLEMENTING TECHNICAL COUNTERMEASURES TO STOP CRIMINAL CYBER ACTIVITY, WHICH HAS PUT PRESSURE ON REVENUE GROWTH

WE HAVE TAKEN PROACTIVE AND SELF-INITIATED ACTIONS IN FEBRUARY TO RING-FENCE ADDITIONAL REGULATED MARKETS IN EUROPE

KEEPS FULL-YEAR ESTIMATE OF EBITDA MARGIN OF 66 TO 68 %

DESPITE EFFECTS FROM RING-FENCING AND CYBER-ATTACK COUNTERMEASURES, UNDERLYING POTENTIAL IN EUROPE AND ASIA REMAINS SOLID

Source text: ID:nWkr6WdMJ5

Further company coverage: EVOG.ST

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