Brief: Lumibird Q1 Consolidated Revenues Rises To EUR 40.9 Mln

Lumibird SA

24/04/2023 16:51

April 24 (Reuters) - Lumibird SA  LBIRD.PA :
    * LUMIBIRD: 8% GROWTH FOR Q1 OF 2023
    * LUMIBIRD GROUP'S CONSOLIDATED REVENUES CAME TO EUR 40.9M
AT
MARCH 31, 2023, UP 8%
    * WITHIN GROUP'S CURRENT SCOPE, OBJECTIVES REMAIN AN ORGANIC
REVENUE GROWTH OF 8-10% AND AN EBITDA MARGIN IN RANGE OF 20% TO
25%
    * GROUP CONTINUES TO BE ACTIVE ON POTENTIAL ACQUISITION
OPPORTUNITIES
    * IF ACQUISITIONS WERE TO BE COMPLETED IN 2023, GROUP COULD
REACH
AN ANNUAL TURNOVER OF UP TO EUR 250 MILLION
    * SOME OF THESE POTENTIAL ACQUISITIONS MAY BE DILUTIVE ON
EBITDA,
WHICH WOULD BRING DOWN TO 18-23% GROUP'S FY EBITDA MARGIN IN
FIRST YEAR OF ACQUISITION

Source text for Eikon:  ID:nGNE5knnCS 
Further company coverage:  LBIRD.PA 

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