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Global Blue Expects Long-Term Revenue Growth of 8%-12%, Adj EBITDA €145M-165M, up by 85%-115% YoY in FY24, Over €200M in FY25

Author: Benzinga Newsdesk | September 25, 2023 06:35am

Global Blue expects Adjusted EBITDA of €145-165m in FY23/24 and more than €200m in FY24/25. As the environment normalizes thereafter, in the long-term, Global Blue is targeting for 8-12% revenue growth, >50% ‘Revenue-to-Adjusted EBITDA drop-through'(1), and <2.5x net leverage, with further upside from newly-introduced technology solutions including hospitality & retail payments gateway, data analytics, and digital marketing.

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