Brief: Home24 FY Revenue Up At EUR 372 Mln

home24 SE

11/02/2020 06:45

Feb 11 (Reuters) - HOME24 SE  H24.DE :
    * ACHIEVED EBITDA BREAK-EVEN IN Q4 2019, IMPROVING ADJUSTED
EBITDA
MARGIN BY 17%-POINTS COMPARED TO Q4 2018
    * SIGNIFICANT CURRENCY-ADJUSTED REVENUE GROWTH IN Q4 2019 OF
21%
TO EUR 109 MILLION COMPARED TO Q4 2018
    * FOR 2020, HOME24 IS PLANNING STABLE CURRENCY-ADJUSTED
REVENUE
GROWTH RATES OF 15-20%, IN A SIMILAR RANGE TO 2018 AND 2019
    * AIMING FOR A FULL YEAR ADJUSTED EBITDA BREAK-EVEN IN 2020,
AND
GUIDES IN A RANGE OF PLUS TO MINUS 2% ADJUSTED EBITDA MARGIN
    * IS AIMING FOR A FULL YEAR ADJUSTED EBITDA BREAK-EVEN IN
2020
    * STRONG ANNUAL REVENUE GROWTH IN 2019 OF 20% TO EUR 372
MILLION
ON A CURRENCY-ADJUSTED LEVEL COMPARED TO 2018

Source text for Eikon:  ID:nEQ5hFcyfa 
Further company coverage:  H24.DE 

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