Brief: Nagarro Q2 Adjusted EBITDA At EUR 28.9 Mln

Nagarro SE

14/08/2023 07:54

Aug 14 (Reuters) - NAGARRO SE  NA9n.DE :
    * NAGARRO POSTS 16.5% YOY REVENUE GROWTH IN CONSTANT
CURRENCY IN
H1 2023 DESPITE GLOBAL MACROECONOMIC CHALLENGES
    * Q2 2023, REVENUE GREW TO EUR 226.8 MILLION, UP 8.0% YOY
FROM EUR
210.0 MILLION IN Q2 2022
    * ADJUSTED EBITDA DECLINED TO EUR 28.9 MILLION (12.8% OF
REVENUE)
IN Q2 2023, FROM EUR 40.2 MILLION (19.1% OF REVENUE) IN Q2 2022
    * GROSS MARGIN DROPPED TO 26.1% IN H1 2023 FROM 27.9% IN H1
2022
    * CONSTANT CURRENCY YOY REVENUE GROWTH FOR Q2 2023 WAS 10.7%

Source text for Eikon:  ID:nEQ78JZH9a 
Further company coverage:  NA9n.DE 

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