Brief: Trifork Holding Acquires Chapter 5 In Denmark

Trifork AG

05/10/2023 13:32

Oct 5 (Reuters) - Trifork Holding AG  TRIFOR.CO :
    * ACQUIRES CHAPTER 5 IN DENMARK TO EXPAND FINTECH OFFERING,
UPDATES FINANCIAL GUIDANCE FOR 2023
    * GROUP REVENUE IS NOW EXPECTED IN RANGE OF EURM 207-212
(PREVIOUSLY 205-215)
    * TRIFORK SEGMENT ADJUSTED. EBITDA IS NOW EXPECTED IN RANGE
OF
EURM 34.5-36.5 (PREVIOUSLY 34.0-37.0)
    * GROUP EBIT IS NOW EXPECTED IN RANGE OF EURM 20.5-22.5
(PREVIOUSLY 20.0-23.0)
    * TRANSACTION IS CURRENTLY BEING FINALIZED AND IS EXPECTED
TO BE
COMPLETED TOMORROW, 6 OCTOBER 2023
    * PURCHASE PRICE IS NOT DISCLOSED
    * EXPECTED FULL-YEAR IMPACT IN 2024 FROM ACQUISITION TO BE
COMMUNICATED IN CONJUNCTION WITH RELEASE OF 2023 ANNUAL REPORT
    * AS PART OF THE TRANSACTION, TRIFORK ALSO ACQUIRED 49% OF
THE
NEWLY FOUNDED STARTUP COMPANY GRANTET
    * C5 WILL CONTINUE AS SEPARATE BUSINESS UNIT WITHIN TRIFORK
GROUP

Source text for Eikon:  ID: 
Further company coverage:  TRIFOR.CO 

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