Brief: Home24 9-Month Revenues Up At EUR 262 Million

home24 SE

26/11/2019 07:02

Nov 26 (Reuters) - HOME24 SE  H24.DE :
    * GROWS 20% IN Q3 2019 AND CONFIRMS ADJUSTED EBITDA
BREAK-EVEN
TARGET FOR Q4 2019
    * PROFITABILITY OUTLOOK TO ACHIEVE BREAK-EVEN GOAL IN Q4
2019 ON
ADJUSTED EBITDA LEVEL CONFIRMED
    * ADJUSTED EBITDA MARGIN OF -9% IN Q3 2019 AT HISTORIC BEST
LEVEL
FOR A Q3
    * 9-MONTH COMPANY'S REVENUES AMOUNTED TO EUR 262 MILLION
(PREVIOUS
YEAR: EUR 221 MILLION)
    * CONFIRMS ITS OUTLOOK AND EXPECTS REVENUE GROWTH AT
CONSTANT
CURRENCY IN 2019 TO REACH OR SLIGHTLY EXCEED 2018 GROWTH RATE IN
CONSTANT CURRENCY (18%)
    * FOR 2020, HOME24 IS PLANNING WITH STABLE REVENUE GROWTH
RATES,
SIMILAR TO 2018 AND 2019
    * COMPANY IS AIMING FOR A FULL YEAR ADJUSTED EBITDA
BREAK-EVEN
    * WE ARE CONFIDENT THAT WE WILL REACH OUR GROWTH TARGETS FOR
2019

Source text for Eikon:  ID:nEQ8H9dTna 
Further company coverage:  H24.DE 

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