Brief: Home24 H1 Revenue Up 19% To EUR 178 Million

home24 SE

03/09/2019 07:02

Sept 3 (Reuters) - home24 SE  H24.DE :
    * STRONG INCREASE IN REVENUE TO EUR 85 MILLION IN Q2 2019,
REPRESENTING 28% GROWTH IN CONSTANT CURRENCY COMPARED TO Q2 2018
    * H1 2019 REVENUE GREW TO EUR 178 MILLION REPRESENTING A
GROWTH BY
19% IN CONSTANT CURRENCY
    * EBITDA IMPROVEMENT FROM -16% IN Q1 2019 TO -10% IN Q2
2019, ALSO
IMPROVING 3%-POINTS COMPARED TO PREVIOUS YEAR.
    * CONFIRMS ITS OUTLOOK AND EXPECTS REVENUE GROWTH AT
CONSTANT
CURRENCY IN 2019 TO REACH OR SLIGHTLY EXCEED 2018 GROWTH RATE IN
CONSTANT CURRENCY (18%)
    * FULL YEAR PROFITABILITY ON BASIS OF ADJUSTED EBITDA IS
ACHIEVABLE IN 2020.

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

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