home24 SE / Key word(s): Change in Forecast/Quarterly / Interim Statement
Berlin - home24 SE ("home24", the "Company") updates its financial outlook for the full year 2020 upwards on the basis of the financial results in the third quarter 2020 and the order intake in October 2020.
Under the assumption of no significant detrimental macro-economic development in the second half of the year, the Company is now expecting a currency-adjusted revenue growth between +38% and +42% (previously: between +25% and 35%) and an adjusted EBITDA margin in the range of +2% to +4% (previously: in the range of +1% to +3%).
Regarding the definition of the alternative performance measure "adjusted EBITDA", the Company refers to the corresponding definition in its Annual Report 2019, which is published on the Company's website.
Person making the notification: Dr. Martin Bredol, Capital Market Compliance Officer
10-Nov-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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