home24 SE / Key word(s): Development of Sales/Change in Forecast
home24 SE adjusts sales estimate for Q2 2018 and confirms medium-term forecast
Resulting from the combination of these effects, home24 SE now expects in the second quarter 2018 an increase in sales of ca. 6-8% adjusted for foreign currency effects compared to the previous year. Exact figures will be provided when the final quarterly financial information is published on 12 September 2018.
At the same time, the company confirms its medium-term growth and earnings forecast communicated in the course of the IPO process. It is still planned that home24 SE will reach break-even on the basis of adjusted EBITDA by the end of the year 2019. Despite the existing challenges, the targeted growth of around 30% on a currency-adjusted basis remains achievable for the full year 2018.
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|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange|
|End of Announcement||DGAP News Service|