Catena Media updates financial targets as it transitions to more sustainable revenue model
Catena Media has updated its long-term financial targets for 2024-2026 to reflect a change in revenue streams as the group transitions towards a more sustainable revenue model following the completion of the strategic review in November last year. The group expects a resumption of organic growth in the second half of 2024 and full-year adjusted EBITDA in the range of EUR 20-30 million as the first operational impacts begin to show from an extensive programme of technology- and data-based investments. The new targets are: · Double-digit organic growth in both revenue and adjusted