Brief: Nagarro Revises Its Estimate For 2022 Revenue Upwards From EUR 800 Mln To EUR 830 Mln

Nagarro SE

18/10/2022 08:11

Oct 18 (Reuters) - NAGARRO SE  NA9n.DE :
    * FURTHER INCREASE IN GUIDANCE FOR FY 2022
    * MANAGEMENT BOARD TODAY ANALYZED YEAR-TO-DATE DEVELOPMENTS
AND
OUTLOOK FOR REMAINDER OF YEAR AND CONSEQUENTLY DECIDED TO REVISE
COMPANY'S GUIDANCE FOR 2022
    * COMPANY REVISED ITS ESTIMATE FOR 2022 REVENUE UPWARDS FROM
EUR
800 MILLION TO EUR 830 MILLION
    * ESTIMATE FOR GROSS MARGIN REMAINED AT 27%, WHILE ESTIMATE
FOR
ADJUSTED EBITDA MARGIN WAS RAISED FROM 14% TO 15%

Source text for Eikon:  ID:nEQ7t0VXWa 
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