home24 SE / Key word(s): Change in Forecast/Half Year Results
Berlin - home24 SE ("home24", the "Company") updates its financial outlook for the business year 2020 upwards on the basis of the strong first half year 2020 and the order intake in July 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 +25% and +35% (previously: at least 15%) and an adjusted EBITDA margin in the range of +1% to +3% (previously: at least 0%).
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 Manager
|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|
|EQS News ID:||1117943|
|End of Announcement||DGAP News Service|