Global Blue Expects Long-Term Revenue Growth of 8%-12%, Adj EBITDA €145M-165M, up by 85%-115% YoY in FY24, Over €200M in FY25
Portfolio Pulse from Benzinga Newsdesk
Global Blue is projecting an Adjusted EBITDA of €145-165m in FY23/24 and over €200m in FY24/25. The company is targeting a long-term revenue growth of 8-12%, with a 'Revenue-to-Adjusted EBITDA drop-through' of over 50% and a net leverage of less than 2.5x. This growth is expected to be driven by new technology solutions in hospitality & retail payments gateway, data analytics, and digital marketing.
September 25, 2023 | 10:35 am
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POSITIVE IMPACT
Global Blue's projected Adjusted EBITDA and long-term revenue growth, driven by new technology solutions, could potentially attract investors, leading to a positive impact on its stock.
The company's strong financial projections and the introduction of new technology solutions indicate a positive outlook. This could potentially attract investors, leading to an increase in demand for the stock and a subsequent rise in its price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100