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RIB Group raises Guidance on Revenue and Operating EBITDA

Back30.07.2019

RIB Software SE / Key word(s): Change in Forecast
RIB Group raises Guidance on Revenue and Operating EBITDA

30-Jul-2019 / 21:56 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


July 30th, 2019

RIB Group raises Guidance on Revenue and Operating EBITDA

Guidance raised: Revenues EUR 200 million to EUR 220 million (previously: EUR 180 million to EUR 200 million) and operating EBITDA EUR 45 million to EUR 50 million (previously: EUR 36 million to EUR 46 million)

Stuttgart, Germany, July 30, 2019. RIB Software SE, the world's leading provider of iTWO 4.0 Cloud Enterprise platform technology, raises its guidance for Revenues and Operating EBITDA.

Based on the business development in the first six months and a very strong performance in July as well as a continued strong M&A pipeline, RIB today raised its revenue guidance from EUR 180 million - EUR 200 million to EUR 200 million - EUR 220 million (Group revenue 2018: EUR 136.9 million). At the same time, RIB has raised its operating EBITDA guidance from EUR 36 million - EUR 46 million to EUR 45 million - EUR 50 million.


30-Jul-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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