Brief: Westwing Group Says Revenue Growth Of 10% In Q1

Westwing SE

12/05/2020 07:05

May 12 (Reuters) - Westwing Group AG  WEW.DE :
    * WESTWING GROUP AG - POSITIVE START INTO FY2020: REVENUE GROWTH OF 10%, SIGNIFICANTLY
IMPROVED
ADJUSTED EBITDA MARGIN TO -1.8% AND CONTINUED STRONG NET CASH POSITION OF EUR 65M IN Q1 OF 2020
    * WESTWING GROUP AG - GUIDANCE UNCHANGED: DESPITE VERY STRONG START INTO 2020 AND Q2
ACCELERATION,
LIMITED VISIBILITY FOR REMAINDER OF YEAR
    * WESTWING GROUP AG - Q1 AND ADJUSTED EBITDA MARGIN IMPROVED SIGNIFICANTLY TO -1.8% (Q1
2019:
-6.3%).

Source text for Eikon:  ID:nEQ6QpWfRa 
Further company coverage:  WEW.DE 

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