Allegro’s updated medium-term forecasts assume an average annual increase (CAGR) in the value of products sold (GMV) of more than 20% in 2022-2026, the company said. The revenue CAGR at that time is expected at a high level of a dozen or so percent, and in the case of adjusted EBITDA – 20% CAGR in mid-to-high registers (mid-to-high).
Taking into account the plans to merge with the Mall and WE | DO Group, Allegro updates its medium-term forecasts assuming GMV’s average annual growth rate (CAGR) of over 20% in 2022-2026. The revenue CAGR at this time is expected to be at a high level of a dozen or so percent, and in the case of adjusted EBITDA – 20% CAGR in the middle or higher registers (mid-to-high), the company announced.
Planned annual capital expenditures in 2023-2026 will amount to PLN 1bn-1.3bn annually. The debt level should gradually decline from around 3.0x with the planned Mall Group acquisition to around 1.0x in 2025, the company further announced.
In 2021, GMV increased by 21.3% y / y to PLN 42.6 billion. The group’s revenues increased last year. by 33.9% to PLN 5.35 billion, and adjusted EBITDA – by 18.2% y / y to PLN 2.07 billion.
Source: Allegro and ISBnews
