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5 months ago
BRIEF-Scout24 FY 2016 revenues up 12.3 pct at 442.1 million euros
February 13, 2017 / 6:39 AM / 5 months ago

BRIEF-Scout24 FY 2016 revenues up 12.3 pct at 442.1 million euros

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Feb 13 (Reuters) - Scout24 AG:

* FY robust topline growth with revenues up 12.3 pct to 442.1 million euros ($469.95 million)

* Preliminary group revenues of 442.1 million euros (2015: 393.6 million euros) for full year 2016 are up 12.3 pct year-over-year

* Expects to achieve an ordinary operating EBITDA of 224.5 million euros for full year 2016 (2015: 189.6 million euros)

* FY surge in profitability with ordinary operating EBITDA up to 224.5 million euros yielding a margin of 50.8 pct

* FY net profit is expected at 66.9 million euros (2015: 56.9 million euros) Source text for Eikon: Further company coverage: ($1 = 0.9407 euros) (Gdynia Newsroom)

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