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Thursday 19 September, 2019

HolidayCheck Group AG

HolidayCheck Group AG adjusts its revenue and earnings guidance for financial 2019

DGAP-Ad-hoc: HolidayCheck Group AG / Key word(s): Profit Warning
HolidayCheck Group AG adjusts its revenue and earnings guidance for financial 2019

19-Sep-2019 / 11:56 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


HolidayCheck Group AG adjusts its revenue and earnings guidance for financial 2019

Munich, Germany, 19 September 2019 - HolidayCheck Group AG is adjusting its full-year guidance for its revenue growth and operating EBITDA.

For the year 2019 HolidayCheck Group AG now expects a revenue growth between 3.0 percent and 6.0 percent and an operating EBITDA between EUR 7.5 million and EUR 10.5 million.

The previous forecast for the financial year was revenue growth between 7.0 percent and 9.0 percent and an operating EBITDA between EUR 8.5 million and EUR 11.5 million.

The reason for the adjustment is that business development in the third quarter was below original expectations, from which the Management Board anticipates restrained business development in the fourth quarter. Overall, this means that in the second half of the year it will not be possible to fully compensate for the business performance in the first half, which fell short of original expectations.

Contact
HolidayCheck Group AG
Armin Blohmann
Neumarkter Strasse 61
81673 München
Germany

phone: +49 (0)89 357 680 901
fax: +49 (0)89 357 680 999
email:[email protected]

 


 

19-Sep-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: HolidayCheck Group AG
Neumarkter Str. 61
81673 München
Germany
Phone: +49 89 357680 901
Fax: +49 89 357680 999
E-mail: [email protected]
Internet: www.holidaycheckgroup.com
ISIN: DE0005495329
WKN: 549532
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 876469

 
End of Announcement DGAP News Service

876469  19-Sep-2019 CET/CEST

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