Brief: Springer Nature 9M Revenue Growth Of 6%

Springer Nature AG & Co KgaA

19/11/2024 06:04

Nov 19 (Reuters) - SPRINGER NATURE AG & CO KGAA
 SPGG.DE :
    * SPRINGER NATURE DELIVERED CONTINUED GROWTH IN THE FIRST
NINE
MONTHS OF 2024 AND CONFIRMS FULL-YEAR GUIDANCE
    * GROWTH IN REVENUE (+6%) AND ADJUSTED OPERATING PROFIT(+9%)
IN
FIRST NINE MONTHS OF 2024
    * REVENUE GROWTH WAS DRIVEN BY RESEARCH SEGMENT
    * SPRINGER NATURE'S FINANCIAL LEVERAGE IMPROVED TO 2.8X NET
DEBT/EBITDA AT END OF SEPTEMBER 2024
    * SINCE END OF Q3, CO HAS USED PROCEEDS FROM IPO TO REPAY
OUTSTANDING DEBT, REDUCING FINANCIAL LEVERAGE TO 2.5X NET
DEBT/EBITDA

Source text:  ID:nEQKtmWfa 
Further company coverage:  SPGG.DE 

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