EQS-News: BIKE24 expects significantly stronger revenue growth and has specified a profit range

Summary by AI BETAClose X

BIKE24 Holding AG has raised its revenue forecast for the current financial year to between EUR 345 million and EUR 360 million, significantly exceeding the previous range of EUR 316 million to EUR 332 million due to increased demand across all markets, particularly international ones. While international growth is strong, it is accompanied by lower earnings contributions due to market conditions, a price-sensitive environment, demand for lower-margin electronic goods, and rising transport costs. The company maintains its adjusted EBITDA forecast within the existing range of EUR 16.0 million to EUR 20.0 million, now expecting it to fall between EUR 16.0 million and EUR 18.0 million, as it prioritizes a growth-oriented strategy to capture market momentum.

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