Brief: Marley Spoon AG Says For Second Half Of This Year, Marley Spoon Anticipates Continued Growth

Marley Spoon SE

17/08/2021 08:52

Aug 17 (Reuters) - Marley Spoon AG  MMM.AX :
    * FOR SECOND HALF OF THIS YEAR, MARLEY SPOON ANTICIPATES
CONTINUED
GROWTH
    * CONTRIBUTION MARGIN (CM) IS EXPECTED TO INCREASE IN H2
2021
VERSUS FIRST HALF YEAR
    * REAFFIRM ITS FY NET REVENUE GUIDANCE OF 30-35% GROWTH
VERSUS
PREVIOUS CORRESPONDING PERIOD
    * EXPECTS TO INCUR FURTHER OPERATING EBITDA LOSSES IN H2
2021
    * CONTRIBUTION MARGIN (CM) IS EXPECTED TO INCREASE IN H2
2021
VERSUS FIRST HALF YEAR
    * EXPECTS TO HAVE AN ADEQUATE CASH BALANCE AT YEAR END
WITHOUT
RAISING ADDITIONAL CAPITAL TO FUND THESE OPEX GROWTH INVESTMENTS
    * FY CONTRIBUTION MARGIN EXPECTATION IN LINE WITH LAST
YEAR'S FULL
YEAR MARGIN OF 29%

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