Westwing: Seen rising on 2021 outlook

Westwing SE

30/03/2021 07:24

** Shares in Westwing  WEW.DE  jump 7.5% in early Frankfurt
trade, after the German company specialized in home and living
e-commerce sector reported on Monday its 2021 outlook
 urn:newsml:reuters.com:*:nASN0010B9
    ** Westwing expects 2021 FY revenue at EUR 510-550 mln, adj.
EBITDA at EUR 42-55 mln and an adj. EBITDA margin at 8-10% 
    ** A local trader points that "Westwing shares finally
gained 11% in extended trading after news"
    ** The stock is seen at the top of German small cap index
 .SDAXI   
    

 ((elizaveta.gladun@thomsonreuters.com))