If it succeeds, then it will: After a surprisingly good start to the year, Hellofresh is more optimistic about 2021. Sales growth will range between 35 and 45 percent, the company announced Thursday evening in Berlin. The stock of the cookware supplier jumps in joy after hours.
Hellofresh had previously assumed 20 to 25 percent. The company now sees currency-adjusted EBITDA margin (EBITDA) at ten to twelve after nine to twelve percent previously. According to Hilofrich, this exceeds analysts’ expectations.
She added that according to preliminary calculations, the first quarter was also better than what experts had expected. The sales volume is likely to have increased from around 700 million euros in the corresponding period of the previous year to nearly 1.5 billion euros. Ebitda will move between 155 and 165 million euros (previous year: 63.1).
Investors were happy. The Hellofresh share price on the Tradegate trading platform has increased recently by nearly six percent. The company plans to publish the final numbers on May 4.
Looks great: strong numbers and heightened expectations. In short: Hellofresh’s growth story still lives – investor investors are letting profits flow. You can find more details about the deposit value model in the current version of AKTIONÄR.
(With material of dpa-AFX)
