Brief: Humble Group Upgrades Financial Targets

Humble AB

11/08/2021 10:38

Aug 11 (Reuters) - Humble Group AB  HUMBLE.ST :
    * UPGRADES FINANCIAL GROWTH TARGETS AND PROFITABILITY
TARGETS
    * NEW FINANCIAL TARGET: NET REVENUE OF SEK 13 BILLION
PROFORMA
(INCREASE OF 63% FROM PREVIOUS SEK 8 BILLION)
    * NEW FINANCIAL TARGET: ADJUSTED EBITDA AT SEK 1.5 BILLION
PROFORMA
    * NEW FINANCIAL TARGET: ORGANIC GROWTH OF 15% PER YEAR
(INCREASE
OF 50% FROM PREVIOUS 10% PER YEAR)
    * OTHER FINANCIAL TARGETS FOR MEDIUM TERM (2025) ARE
UNCHANGED

Source text for Eikon:  ID:nWkr2q70z4 
Further company coverage:  HUMBLE.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))