IONOS Group Reports Strong EBITDA Growth in 2024 Forecast

According to a recent report, IONOS Group SE has showcased solid performance in the first nine months of 2024, with adjusted EBITDA and revenue both rising significantly. The company has also confirmed its positive growth forecast for 2024 and 2025.

Date: 12-11-2024

AI Rating: 7

The report highlights several key financial metrics that could influence investor sentiment regarding IONOS Group SE. The adjusted EBITDA for the first nine months of 2024 rose by 9.2% to 334.5 million euros, reflecting a strong operational performance. The increase in the adjusted EBITDA margin to 29.3% from 28.9% indicates improved efficiency and profitability.

Revenue also experienced growth, rising 7.8% to 1.14 billion euros. This positive revenue trajectory suggests a solid market demand for IONOS Group's services. Furthermore, the increase in customer base by approximately 110,000 to 6.30 million is a key indicator of the company’s expanding market reach.

Looking ahead, IONOS has confirmed its forecast for 2024, expecting a currency-adjusted revenue growth of around 9% and an adjusted EBITDA margin of around 29%, which translates to an expected 450 million euros in adjusted EBITDA. Additionally, for 2025, the company anticipates a 10% revenue growth and an increase in adjusted EBITDA margin to around 30%.

Stocks: IONO