on Nagarro SE (isin : DE000A3H2200)
Nagarro SE Adjusts 2024 Financial Projections
On October 15, 2024, the Management Board of Nagarro SE revised the company's financial guidance for the year. After analyzing developments from January to September, the company now projects its 2024 revenue to reach approximately €960 million, calculated at current currency exchange rates and excluding future acquisitions.
The company's gross margin, based on its current calculation method, is expected to be around 30%, compared to 26% under the previous method. Additionally, Nagarro anticipates an Adjusted EBITDA margin of over 14% for 2024.
These projections include non-IFRS financial measures, providing enhanced business comparability over time and within the industry. However, future results may vary from current estimates, per the management's assumptions.
R. P.
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