Brief: Home24 Adjusts Q2 Sales Estimate And Confirms Medium-Term Forecast

home24 SE

19/07/2018 07:12

July 19 (Reuters) - HOME24 SE  H24.DE :
    * ADJUSTS SALES ESTIMATE FOR Q2 2018 AND CONFIRMS
MEDIUM-TERM
FORECAST
    * CONFIRMS ITS MEDIUM-TERM GROWTH AND EARNINGS FORECAST
COMMUNICATED IN COURSE OF IPO PROCESS
    * STILL PLANNED THAT HOME24 SE WILL REACH BREAK-EVEN ON
BASIS OF
ADJUSTED EBITDA BY END OF YEAR 2019
    * TARGETED GROWTH OF AROUND 30% ON A CURRENCY-ADJUSTED BASIS
REMAINS ACHIEVABLE FOR FULL YEAR 2018
    * NOW EXPECTS IN Q2 2018 AN INCREASE IN SALES OF CA. 6-8%
ADJUSTED
FOR FOREIGN CURRENCY EFFECTS COMPARED TO PREVIOUS YEAR

Source text for Eikon:  ID:nEQ1GDn8La 
Further company coverage:  H24.DE 

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