Brief: Home24 9-month Revenue Up 37% To EUR 464 Million

home24 SE

10/11/2021 07:29

Nov 10 (Reuters) - home24 SE  H24.DE :
    * DGAP-NEWS: HOME24 SE: HOME24 CONTINUES ON ITS GROWTH PATH:
REVENUES INCREASE BY 40%  IN THE FIRST NINE MONTHS OF 2021 -
FINANCIAL OUTLOOK FOR 2021 CONFIRMED
    * 9M REVENUE ROSE 37 PERCENT TO 464 MILLION EUR
    * FINANCIAL OUTLOOK FOR 2021 CONFIRMED AND NARROWED:
REVENUES TO
GROW BY 28% TO 32% IN CONSTANT CURRENCY (GUIDANCE AT BEGINNING
OF YEAR: 20% TO 40%)
    * IN Q3 2021, REVENUES AMOUNTED TO EUR 139 MILLION,
REPRESENTING A
YEAR-OVER-YEAR GROWTH OF 17% AT CONSTANT CURRENCY
    * FINANCIAL OUTLOOK FOR 2021 : ADJUSTED EBITDA MARGIN IN
RANGE OF
0% TO +2% (UNCHANGED).
    * HOME24 REMAINS ON TRACK TO REACH EUR 1 BILLION REVENUE
MARK ON
AN ANNUALIZED BASIS BY Q4 2023.
    * 9-MONTH ADJUSTED EBITDA CAME TO EUR 2 MILLION, RESULTING
IN AN
ADJUSTED EBITDA MARGIN OF 0.4%, WHICH IS FULLY IN LINE WITH
GUIDANCE

Source text for Eikon:  ID:nEQ9nsFh2a 
Further company coverage:  H24.DE 

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