PRESS RELEASE

from Nagarro SE (isin : DE000A3H2200)

Nagarro SE: Guidance for FY 2024

EQS-News: Nagarro SE / Key word(s): Forecast
Nagarro SE: Guidance for FY 2024

20.02.2024 / 08:00 CET/CEST
The issuer is solely responsible for the content of this announcement.


Munich, February 20, 2024 – Nagarro expects the FY 2024 revenue to be in the region of one billion Euros. This estimate is based on constant currency terms. The estimates for gross margin and Adjusted EBITDA margin in 2024 are 27% and 14%, respectively.

Note: This document contains supplementary non-IFRS financial measures. Gross margin and Adjusted EBITDA margin are alternative performance measures that are not defined in accordance with international accounting standards. Nagarro uses such measures to enable better comparability of the business over time and within the industry. For details on alternative performance measures see the Nagarro SE Annual Report 2022. This document also includes forward-looking statements that represent management's expectations based on assumptions and estimates, but future actual developments and future actual results may deviate from these assumptions and estimates.


Contact:

Nagarro SE
Investor Relations
Baierbrunner Str. 15
81379 Munich
Germany
Tel.: +49 (0)89/785000282
Tel.: +49 (0)89/231219151 (Investor Relations)
Fax: +49 (0)322/22132620
E-mail: ir@nagarro.com
Web: www.nagarro.com

Nagarro SE (ISIN: DE000A3H2200 | WKN: A3H220 | FRA: NA9)



20.02.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language:English
Company:Nagarro SE
Baierbrunner Straße 15
81379 München
Germany
Phone:089 / 785 000 282
Internet:www.nagarro.com
ISIN:DE000A3H2200
WKN:A3H220
Indices:SDAX, TecDAX
Listed:Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID:1840459

 
End of NewsEQS News Service

1840459  20.02.2024 CET/CEST

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