Brief: Lumibird Adjusts 2023 Revenues Expectations To Above EUR 200 Mln

Lumibird SA

14/12/2023 16:51

Dec 14 (Reuters) - Lumibird SA  LBIRD.PA :
    * LUMIBIRD ADJUSTS ITS 2023 GROWTH TARGET
    * 2023 REVENUES EXPECTED TO EXCEED EUR 200M, WITHOUT
ACHIEVING 8%
ORGANIC GROWTH ANNOUNCED PREVIOUSLY
    * OUTLOOK: EBITDA MARGIN EXPECTED TO BE OVER 17%, BELOW 20%
TARGET
    * OUTLOOK: ROADMAP FOR GROWTH MAINTAINED FOR COMING YEARS,
DRIVEN
BY TECHNOLOGICAL INNOVATION
    * OUTLOOK: 2023 ORGANIC GROWTH OF AT LEAST 5%, LOWER THAN 8%
ANNOUNCED AT START OF YEAR AND CONFIRMED AT END-OCTOBER

Source text for Eikon:  urn:newsml:reuters.com:*:nGNEbsB643
Further company coverage:  LBIRD.PA 

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