Global Blue Group Holding Reiterated FY23/24 Adj EBITDA of €145M-€165M,
Portfolio Pulse from Benzinga Newsdesk
Global Blue Group Holding reaffirmed its FY23/24 Adjusted EBITDA guidance of €145M-€165M, consistent with its previous announcement on September 25, 2023.
February 23, 2024 | 11:28 am
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Global Blue Group Holding reaffirmed its financial guidance for FY23/24 with an Adjusted EBITDA of €145M-€165M.
Reaffirming financial guidance, especially for key metrics like Adjusted EBITDA, can positively impact investor sentiment by providing stability and confidence in the company's financial health and operational efficiency. This announcement is likely to be viewed positively in the short term, as it confirms the company's financial targets are on track, potentially leading to an uptick in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100