Wed 11/09/2022 12:52 PM
German web hosting services group PlusServer has maintained its steady recovery in August, with both its top and bottom line tracking to budget. Crucially, the scale of adjustments keep reducing, improving cash EBITDA and steadily bringing down the group’s actual net leverage, sources said.
PlusServer generated €7.898 million of revenue in August, in line with €7.904 million budgeted and €7.898 million the same month last year. Reported EBITDA reached €2.461 million, in line with €2.435...
This article is an example of the content you may receive if you subscribe to a product of Reorg Research, Inc. or one of its affiliates (collectively, “Reorg”). The information contained herein should not be construed as legal, investment, accounting or other professional services advice on any subject. Reorg, its affiliates, officers, directors, partners and employees expressly disclaim all liability in respect to actions taken or not taken based on any or all the contents of this publication. Copyright © 2024 Reorg Research, Inc. All rights reserved.