Brief: Home24 FY 2021 Revenue Growth At EUR 615 Mln

home24 SE

24/01/2022 17:29

Jan 24 (Reuters) - HOME24 SE  H24.DE :
    * GROWS BY MORE THAN 27% IN 2021, THUS BY ALMOST 80% IN THE
LAST
TWO YEARS AND ACHIEVES POSITIVE ADJUSTED EBITDA AS PLANNED
    * REPORTS FY 2021 REVENUE GROWTH OF 27% TO EUR 615 MILLION
FOR
2021, REPRESENTING A 79% GROWTH RATE OVER LAST TWO YEARS
(RESPECTIVELY IN CONSTANT CURRENCY)
    * FY 2021 ADJUSTED EBITDA OF EUR 1 MILLION IS FULLY WITHIN
PLANNED
GUIDANCE RANGE, RESULTING IN AN ADJUSTED EBITDA MARGIN
IMPROVEMENT OF 8 %-POINTS COMPARED WITH 2019
    * ADDITIONAL REVENUE AND PROFITABILITY MOMENTUM IS EXPECTED
IN
2022 FOLLOWING COMPLETION OF BUTLERS ACQUISITION
    * CASH AND CASH EQUIVALENTS AT YEAR-END WERE EUR 131
MILLION, C.
EUR 28 MILLION HIGHER THAN PREVIOUS YEAR

Source text for Eikon:  ID:nEQ7KY2rqa 
Further company coverage:  H24.DE 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))