Brief: Storytel Q3 Group Revenue Rises To SEK 954 Mln

Storytel AB (publ)

29/10/2024 07:11

Oct 29 (Reuters) - Storytel AB (publ)  STORYb.ST :
    * Q3 GROUP REVENUE UP 7% TO 954 (896) MSEK
    * UPDATES ITS 2024 GUIDANCE
    * SEES 2024 ADJUSTED EBITDA MARGIN TO BE AROUND 15% (EARLIER
VIEW
13%)
    * SEES 2024 OPERATING CASH FLOW TO BE AT LEAST 10% (EARLIER
VIEW
8%)
    * SEES 2024 ORGANIC REVENUE GROWTH TO BE AROUND 8% (EARLIER
VIEW
10%)
    * Q3 AVERAGE. PAYING SUBSCRIBERS 2,366,000 VERSUS 2,144,000
YEAR
AGO

Source text:  ID:nMFN7vzyh5 
Further company coverage:  STORYb.ST 

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