Bike24 Holding: 2024 Sales Forecast Cut, EBITDA Margin Stays Firm

• Bike24 Holding AG has adjusted its revenue forecast for the 2024 financial year to a growth range of -0.6% to +0.3% compared to 2023.
• The previous forecast range was between +1% to +5%.
• The adjusted EBITDA margin forecast remains confirmed at between +0.7% and +4.2%.
• The company expects continued positive trends in Q4 2024, but improvements may not fully offset a weaker Q1 2024.
• Black Friday and Christmas sales did not meet expectations, affecting overall revenue recognition.
• The company cautions that forward-looking statements involve risks and uncertainties, and actual results may differ significantly.

The price of Bike24 Holding at the time of the news was 1,0725EUR and was down -3,16 % compared with the previous day.
6 minutes after the article was published, the price was 1,0650EUR this corresponds to a minus of -0,70 % since publication.

Bike24 Holding

-5,71 %

+8,82 %

+90,33 %

+74,53 %

+25,42 %

-80,79 %

-89,07 %

ISIN:DE000A3CQ7F4WKN:A3CQ7F

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