Brief: Klassik Radio Raises FY 2021 EBITDA Forecast

Klassik Radio AG

10/02/2022 14:00

Feb 10 (Reuters) - KLASSIK RADIO AG  KA8Gn.DE :
    * RAISES EBITDA FORECAST FOR THE 2021 FINANCIAL YEAR AND
EXPECTS
EBITDA TO INCREASE SIGNIFICANTLY BY APPROX. 50 % TO APPROX. 2.4
MILLION EUROS
    * RESULT INCLUDES APPROX.1.1 MILLION IN GROWTH EXPENSES FOR
THE
NEW AUDIO BRAND BEATS RADIO, THE EXPANSION OF THE NATIONAL DAB+
DISTRIBUTION IN AUSTRIA AND IN THE GERMAN-SPEAKING PART OF
SWITZERLAND
    * FY CONSOLIDATED REVENUES ARE EXPECTED TO BE APPROXIMATELY
EUR
15,000 THOUSAND

Source text for Eikon:  ID:nEQ6gFC5Ra 
Further company coverage:  KA8Gn.DE 

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