Brief: Majorel Group Luxembourg Raises Forecast For 2022

Majorel Luxembourg SA

03/11/2022 07:05

Nov 3 (Reuters) - Majorel Group Luxembourg SA  MAJ.AS :
    * CONTINUES STRONG MOMENTUM WITH NET REVENUE +23% YOY IN Q3
2022
    * Q3 REVENUE ROSE 23 PERCENT TO 540.0 MILLION EUR
    * INCREASED GUIDANCE FOR FY 2022
    * Q3 GROUP NET REVENUES EUR 540 MILLION VERSUS EUR 440
MILLION
    * THE COMPANY INCREASES ITS CURRENT GUIDANCE AND  EXPECTS
NET
REVENUE TO GROW TO €1,950-2,050 MILLION FOR THE FULL YEAR  2022
    * 2022 GUIDANCE: OPERATING EBITDA MARGIN  IS EXPECTED TO BE
BETWEEN 16.5-17.5% (PREVIOUSLY: UPPER HALF OF 16.0%-17.0%).

Source text for Eikon:  ID:nEQ4jKTcLa 
Further company coverage:  MAJ.AS 
 (Gdansk Newsroom)
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