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STORY B Storytel AB (publ) News Story

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Brief: Storytel Q3 EBITDA Turns to Profit At SEK 59 Million

Nov 3 (Reuters) - Storytel AB (publ)  STORYb.ST :
    * Q3 GROUP REVENUE SEK 806 MILLION VERSUS SEK 681 MILLION
YEAR AGO
    * Q3 STREAMING SALES SEK 742 MILLION VERSUS PRELIM SEK 742
MILLION
REPORTED ON OCT 7
    * Q3 GROSS PROFIT OF 312 (280) MSEK
    * Q3 EBITDA OF 59 (-6) MSEK
    * Q3 GROUP PRE-TAX RESULT SEK 4.3 MILLION VERSUS LOSS SEK
49.8
MILLION YEAR AGO
    * FY EBITDA MARGIN TARGET RANGE IMPROVED TO 2.5-3.5% (FROM
-3-0%)
EXCLUDING IAC

Source text for Eikon:  ID:nWkrN04J 
Further company coverage:  STORYb.ST 
 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

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