Brief: Mister Spex Says Co Concluded First Six Months Of 2024 With Net Revenue Of Eur 119 Million, Up From Eur 117 Million Previous Year

Mister Spex SE

15/08/2024 05:14

Aug 15 (Reuters) - Mister Spex SE  MRXG.DE :
    * EQS-NEWS: MISTER SPEX ANNOUNCES TRANSFORMATION AND
RESTRUCTURING
PROGRAM “SPEXFOCUS” AND UPDATES GUIDANCE FOR 2024
    * MISTER SPEX SE: AIM IS TO SIGNIFICANTLY INCREASE
PROFITABILITY
AND ENSURE SUSTAINABLE CASH GENERATION FOR COMPANY IN MEDIUM
TERM
    * MISTER SPEX SE: SPEXFOCUS IS EXPECTED TO INCREASE EBITDA
(INCL.
RENT) BY MORE THAN EUR 20 MILLION, PREDOMINANTLY IMPACTING 2025
AND 2026
    * MISTER SPEX SE: OVERALL CASH OUTFLOW FOR PROGRAM IS
EXPECTED TO
TOTAL AROUND EUR 9 MILLION, WITH MAJORITY RECOGNIZED IN H2 2024
    * MISTER SPEX: BASED ON PRELIMINARY RESULTS, CO CONCLUDED
FIRST
SIX MONTHS OF 2024 WITH NET REVENUE OF EUR 119 MILLION, UP FROM
EUR 117 MILLION PREVIOUS YEAR

Source text for Eikon:  ID:nEQ162KjPa 
Further company coverage:  MRXG.DE 

 ((Reuters.Briefs@thomsonreuters.com;))