Allgeier SE : Allgeier issues FY 2024 guidance in line with our expectations
>FY 2024 revenue of € 510-550m and adj. EBITDA of € 63-69m - Allgeier has announced its official guidance for 2024. It expects revenues to be in the range of € 510-550m (vs the consensus at € 540m) and adjusted EBITDA of € 63-69m (vs the consensus at € 60.6m). The adj. EBITDA margin is expected to be 12-13%. Allgeier expects to achieve an organic annual growth rate of 10-15% per year over the next three years and expects the adj. EBITDA margin to expand to 15% over ...Allgeier is an information technology (IT) company for business performance. Co. develops and completes software for digital network operators, trade applications and cloud computing users. Co. also provides integrated systems for inventory control systems, document management, integrated mail systems, and eCommerce. In addition, Co.'s operative business is classified into three segments: Solutions, Experts and Projects, which are spread across four relevant markets: IT Services, Software, IT Hardware, and Information Technology. Co.'s main customer base includes, the banking, finance, and insurance sectors.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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