Brief: Home24 Q2 Revenues Up At EUR 166 Mln

home24 SE

10/08/2021 06:47

Aug 10 (Reuters) - HOME24 SE  H24.DE :
    * HOME24 CONTINUES TO GROW STRONGLY IN Q2 2021 AND INCREASES
REVENUE BY 41% COMPARED TO Q2 2020 - TARGETING EUR 1 BILLION IN
REVENUE BY THE END OF 2023
    * HOME24 CONTINUES STRONG GROWTH: IN Q2 2021, REVENUES GREW
BY 41%
TO EUR 166 MILLION AT CONSTANT CURRENCY - ON TOP OF 49% GROWTH
IN Q2 2020.
    * IN FIRST HALF OF 2021, REVENUES INCREASED TO EUR 325
MILLION,
REPRESENTING A YEAR-OVER-YEAR GROWTH OF 52% AT CONSTANT
CURRENCY.
    * OUTLOOK 2021: REVENUE GROWTH EXPECTED IN UPPER HALF OF
PREVIOUS
GUIDANCE, WITH A CURRENCY-ADJUSTED REVENUE GROWTH OF 28% TO 38%
(PREVIOUSLY 20% TO 40%) AND AN ADJUSTED EBITDA MARGIN IN RANGE
OF 0% TO +2% (UNCHANGED).
    * IS TARGETING EUR 1 BILLION REVENUE MARK ON AN ANNUALIZED
BASIS
BY Q4 2023.
    * ADJUSTED EBITDA MARGIN REMAINED POSITIVE AT 2.5 % IN Q2
2021 AND
AT 1.4 % IN H1 2021

Source text for Eikon:  ID:nEQ7FxmDKa 
Further company coverage:  H24.DE 

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