Brief: Home24 Q2 Revenue Up At EUR 119 Million

home24 SE

13/08/2020 17:32

Aug 13 (Reuters) - HOME24 SE  H24.DE :
    * REPORTS VERY STRONG Q2 2020, ACHIEVES POSITIVE ADJUSTED
EBITDA
ON A TWELVE-MONTH BASIS AND UPGRADES ITS GUIDANCE FOR FY 2020
    * ORDER INTAKE INCREASED BY 71% IN Q2 2020 ON A
CURRENCY-ADJUSTED
LEVEL,
    * REVENUE GROWTH OF 49% YEAR-OVER-YEAR TO EUR 119 MILLION IN
Q2
2020
    * FOR FIRST TIME, HOME24 ACHIEVED AN ADJUSTED EBITDA
BREAK-EVEN IN
LAST TWELVE MONTHS.
    * 2020 OUTLOOK HAS BEEN UPGRADED TO CURRENCY-ADJUSTED
REVENUE
GROWTH IN RANGE OF 25% TO 35% (PREVIOUSLY > 15%). IN ADDITION,
COMPANY EXPECTS AN ADJUSTED EBITDA MARGIN IN RANGE OF 1% TO 3%
(PREVIOUSLY > 0%)

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

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