home24 SE / Key word(s): Change in Forecast/Development of Sales
Publication of insider information pursuant to Article 17 of Regulation (EU) No 596/2014
Before this background, home24 now expects 18-22% currency-adjusted revenue growth in Q4 2018 and total annual revenue of EUR 312-315 million which results in an expected currency-adjusted total annual revenue growth of 18-19% in 2018. Previously, the Company had expected 25-31% currency-adjusted revenue growth for Q4 2018. This would have led to total annual revenue of between EUR 315 and 323 million and thus to currency-adjusted growth of more than 20% for FY 2018. Exact figures will be published by home24 in the Trading Update FY 2018 on 13 February 2019.
The medium-term growth and earnings forecast remains unchanged. The Company confirms its forecast that revenue growth in the year 2019 will be at or above the levels of the year 2018 and that home24 SE will reach break-even on the basis of adjusted EBITDA by the end of the year 2019.
|Greifswalder Straße 212-213|
|Phone:||+49 30 - 609880019|
|Fax:||+49 30 - 2016329499|
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange|
|End of Announcement||DGAP News Service|