Marley Spoon Group SE Adjusts 2024 Financial Forecast

Luxembourg, 3 November 2024. Marley Spoon Group SE has revised its financial forecast for the year 2024 after assessing recent business developments from July to September. The adjustment anticipates an improved Contribution Margin, expanding by 280-310 basis points compared to the previous year. The company also maintains its prediction of stable to low single-digit net revenue growth when adjusted for constant currency. Moreover, the full-year Operating EBITDA is expected to be positive, projected to settle in the mid-single digits.

The announcement by the Management Board does not hint at significant shifts in revenue growth, indicating cautious optimism despite the altered margin expectations. Marley Spoon seems poised to navigate the financial year with these updated projections, focusing on profitability while steadying revenue streams.