Brockhaus Technologies AG Projects Strong Growth for 2024

Brockhaus Technologies AG, in a forecast statement released on March 22, 2024, anticipates significant revenue and adjusted EBITDA increase for the financial year 2024. The company expects revenues to range between €220 million and €240 million, marking a potential organic growth rate of 18% to 29%, in comparison to the 2023 financial year. Likewise, adjusted EBITDA projections stand at €80 million to €90 million for 2024, reflecting an over proportional growth of 29% to 45% relative to the previous year.

The ambitious forecast follows Brockhaus Technologies’ impressive performance in the 2023 financial year, where it reported a 31% increase in revenue, amounting to €187 million, alongside an adjusted EBITDA of €62 million. The adjusted EBITDA margin remained stable at 33.3%. These figures highlight the company’s robust financial health and its capability to sustain high-margin operations.

Brockhaus Technologies has also outlined its communication strategy, including the publication of the 2023 Annual Report on March 28, 2024, and an accompanying Earnings Call to provide further details on their financial performance and forecasts.