Nagarro SE: Revised FY 2024 Guidance Sparks Investor Interest

• Nagarro SE has revised its revenue guidance for FY 2024 to approximately €960 million.
• The gross margin is expected to be around 30%, an increase from the previous estimate of 26%.
• The Adjusted EBITDA margin is projected to exceed 14%.
• The guidance revision is based on the analysis of developments from January to September 2024.
• The estimates do not include future acquisitions and are calculated at current currency exchange rates.
• The document includes non-IFRS financial measures to enhance comparability within the industry.

The price of Nagarro at the time of the news was 89,50EUR and was down -3,37 % compared with the previous day.
8 minutes after the article was published, the price was 87,60EUR this corresponds to a minus of -2,12 % since publication.
At this time, the index SDAX was at 13.941,67PKT (-0,05 %).

Nagarro

-8,76 %

-6,51 %

-11,96 %

-6,51 %

-2,76 %

-49,80 %

-16,89 %

ISIN:DE000A3H2200WKN:A3H220

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