Brief: Media And Games Invest H1 Adj. EBIT At EUR 20.4 Mln

Mgi Media and Games Invest Se

18/08/2021 07:02

Aug 18 (Reuters) - MEDIA AND GAMES INVEST SE  M8G.DE :
    * MEDIA AND GAMES INVEST PUBLISHES HALF YEAR REPORT 2021 -
STRONG
ORGANIC REVENUE GROWTH OF 36% IN Q2'21 WHILE ADJUSTED. EBITDA
INCREASED BY 127%; INTENDS TO REFINANCE GERMAN BOND OF 25 MEUR
    * Q2 REVENUE 57 MILLION EUR
    * GUIDANCE FOR FY 2021 INCL. SMAATO: REVENUE 234 MEUR - 254
MEUR
(67% - 81% YOY GROWTH) AND ADJUSTED. EBITDA 65 MEUR - 70 MEUR
(123% - 141% YOY GROWTH).
    * H1 ADJUSTED. EBIT AMOUNTED TO 20.4 MEUR (H1'20: 7.6 MEUR),
WHICH
IS AN INCREASE OF 168%.
    * INTENDS TO REFINANCE ITS GERMAN UNSECURED BOND (25 MEUR)
THROUGH
A SUBSEQUENT BOND ISSUE OF ITS SENIOR SECURED BOND OF UP TO EUR
80 MILLION

Source text for Eikon:  ID:nEQ5GGW3a 
Further company coverage:  M8G.DE 

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