DGAP-Adhoc: Westwing Group AG continues increased marketing investments based on more than 10% Q3 GMV growth and adjusts guidance for profitability in 2019
DGAP-Ad-hoc: Westwing Group AG / Key word(s): Change in Forecast
Westwing Group AG continues increased marketing investments based on more than 10% Q3 GMV growth and adjusts guidance for profitability in 2019
25-Sep-2019 / 19:07 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Munich, September 25, 2019 - Based on positive actual and expected results of increased marketing investments over the last months (with Q3 GMV returning to more than 10% growth), Westwing intends to continue increased marketing investments also in the fourth quarter of 2019 as foundation for future growth.
Consequently, Westwing reassessed the outlook for 2019 today. For 2019, Westwing now expects Adjusted EBITDA margin at around -3.5% within a range of one percentage point (previously: lower end of -1% to +1%). It expects Free Cash Flow to not exceed outflows of EUR -29 million (previously: no lower than EUR -25 million).
As announced with the publication of the results of the first half of the year, Westwing expects to finish the year 2019 at the lower end of the updated guidance of 6-12% revenue growth. While Adjusted EBITDA for the third quarter of 2019 is expected on similar levels as in the first half of the year, Westwing expects a positive Adjusted EBITDA and more than 10% revenue growth for the fourth quarter of 2019.
Westwing will report its financial figures for the third quarter on November 7, 2019.
Contact:
Lorenz Erik Wittjen
General Counsel
[email protected]
25-Sep-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
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Language: |
English |
Company: |
Westwing Group AG |
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Moosacher Straße 88 |
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80809 Munich |
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Germany |
Phone: |
+49 89 550 544 377 |
Internet: |
www.westwing.com |
ISIN: |
DE000A2N4H07 |
WKN: |
A2N4H0 |
Listed: |
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: |
880105 |
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End of Announcement |
DGAP News Service |
880105 25-Sep-2019 CET/CEST
Die wichtigsten Finanzdaten auf einen Blick
|
|
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023e |
Umsatzerlöse1 |
265,84 |
253,90 |
267,30 |
432,90 |
522,50 |
430,80 |
428,60 |
EBITDA1,2 |
-4,90 |
-12,30 |
-25,70 |
42,00 |
34,10 |
-9,40 |
11,40 |
EBITDA-Marge3 |
-1,84 |
-4,84 |
-9,61 |
9,70 |
6,53 |
-2,18 |
|
EBIT1,4 |
-21,34 |
-19,50 |
-34,20 |
31,40 |
21,10 |
-27,40 |
-8,40 |
EBIT-Marge5 |
-8,03 |
-7,68 |
-12,80 |
7,25 |
4,04 |
-6,36 |
-1,96 |
Jahresüberschuss1 |
-31,55 |
-2,30 |
-39,00 |
29,80 |
12,00 |
-32,40 |
-12,40 |
Netto-Marge6 |
-11,87 |
-0,91 |
-14,59 |
6,88 |
2,30 |
-7,52 |
-2,89 |
Cashflow1,7 |
-7,76 |
-9,50 |
-13,30 |
47,80 |
29,80 |
-10,20 |
33,30 |
Ergebnis je Aktie8 |
-1,46 |
-0,15 |
-1,85 |
1,38 |
0,55 |
-1,51 |
-0,61 |
Dividende8 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
Quelle: boersengefluester.de und Firmenangaben
Geschäftsbericht 2023 - Kostenfrei herunterladen.
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de
Wirtschaftsprüfer: PricewaterhouseCoopers
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INVESTOR-INFORMATIONEN |
©boersengefluester.de |
Westwing Group |
WKN |
Kurs in € |
Einschätzung |
Börsenwert in Mio. € |
A2N4H0 |
8,060 |
- |
168,49 |
KGV 2025e |
KGV 10Y-Ø |
BGFL-Ratio |
Shiller-KGV |
62,00 |
32,13 |
1,94 |
-10,22 |
KBV |
KCV |
KUV |
EV/EBITDA |
2,07 |
5,06 |
0,39 |
10,85 |
Dividende '22 in € |
Dividende '23e in € |
Div.-Rendite '23e in % |
Hauptversammlung |
0,00 |
0,00 |
0,00 |
19.06.2024 |
Q1-Zahlen |
Q2-Zahlen |
Q3-Zahlen |
Bilanz-PK |
07.05.2024 |
08.08.2024 |
07.11.2024 |
28.03.2024 |
Abstand 60Tage-Linie |
Abstand 200Tage-Linie |
Performance YtD |
Performance 52 Wochen |
2,87% |
-3,02% |
-8,82% |
7,47% |
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