News
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PRESS RELEASE
Avemio AG remains on course for growth after forecast adjustment for 2023 – market weakness opens up attractive opportunities for M&A activities
Avemio AG, a leading system supplier for hardware and software in the field of broadcast as well as professional media, has adjusted its forecast for the 2023 financial year due to market weakness but remains on course for growth with attractive opportunities for M&A activities. The company aims to strengthen profitability and accelerate the realization of already planned synergies from the acquisitions made. Despite challenging market conditions, the Executive Board believes that Avemio AG is in a stable market position to benefit from the growth potential and the usual catch-up effects of the trading business. The forecast adjustment reflects the company's adaptation to the current market environment. Avemio AG's CEO, Ralf P. Pfeffer, highlights the company's ambitions and experience in the European market environment and emphasizes the opportunities presented by the current market weakness. For further details, the webcast presentation tomorrow will provide insights into the company's current development and strategies for the future. -
PRESS RELEASE
EQS-Adhoc: Avemio AG: Forecast adjustment for 2023 financial year
Avemio AG has announced a forecast adjustment for the 2023 financial year due to an unexpectedly weak final quarter in the trading business. The company plans to accelerate the realization of planned synergies from acquisitions and the integration of existing subsidiaries to strengthen profitability in the changed market environment. The Executive Board now expects a lower revenue and EBITDA for the year based on preliminary figures for the fourth quarter. Despite the challenging market conditions, Avemio AG believes it is in a stable market position to benefit from the growth potential and high-margin digitization business in conjunction with the recovery of the economy. -
PRESS RELEASE
Avemio AG appoints Steffen Schenk as COO
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PRESS RELEASE
EQS-Adhoc: Avemio AG: Increase in Shareholding