[ad_1]
The Home24 Online Furniture Distributor
has not yet digested the sales record of the hot summer. the
Business resumes in the third quarter, the company
but rowed to his sales goals for the year as a whole.
Home24 is about accelerated growth of the important
Christmas District, as the participation of Rocket Internet in
Tuesday in Berlin announced.
The company is now aiming for the year as a whole
corrected increase in the effects of the currency by more than 20%. before
The dealer had promised about 30%. But the
Customer restraint due to exceptionally hot summer weather
had disturbed Home24. Berlin had
already warned that the initial goals for the full year
could not be reached.
After nine months, a turnover of 221 million euros is now on the rise.
Books – This represents an 18% increase over
Previous year, excluding currency effects. In the third
Home24 grew by 16%, twice as fast as
always in the previous three months. Home24 goes for the fourth quarter
adjusted sales increase of between 25 and 31%.
This would give the group an annual turnover of 323
Millions of euros. The losses are probably due to the investment
develop. Unchanged, Berlin wants it for the first time in late 2019
the break-even point of adjusted operating income (Ebitda)
achieve. In 2017, the loss was 22 million euros. the
Home24 expects revenue growth at least in the coming year
last year.
Home24 was released in June of this year. investors
However, the previous price trend, tears in the eyes
drive: Although this could start at the price of 23 euros issue
The paper grew the first month, but then it was consistent
down. Within six months, the market value of Home24
almost halved. / tav / nas / jha /
ISIN DE000A12UKK6 DE000A14KEB5
AXC0074 2018-11-27 / 09: 30
Copyright dpa-AFX Business News GmbH. All rights reserved. Redistribution, republication or permanent storage without the express and prior permission of dpa-AFX is not permitted.
[ad_2]
Source link
