Multitude SE Kicks Off 2024 with Robust Growth: EBIT Soars by 31% to €11.6M

• Multitude SE reports strong growth in Q1 2024, with EBIT increasing by 31% to EUR 11.6 million
• Revenue increased by 18.3% to EUR 64.2 million, and consolidated net profit increased by 13.0% to EUR 2.6 million
• Multitude SE acquired Omniveta's business, strengthening its market position
• The company is on track to achieve its EBIT forecast of EUR 67.5 million in 2024
• Multitude's new business unit, Wholesale banking, began operations in 2024, offering Secured Debt and Payment Solutions
• The company confirmed its outlook for 2024, targeting further EBIT growth of 50%.

The next important date, Quarterly report, at Multitude is on 16.05.2024.

The price of Multitude at the time of the news was 5,3100EUR and was down -0,19 % compared with the previous day.
14 minutes after the article was published, the price was 5,3200EUR this corresponds to a plus of +0,19 % since publication.

Multitude

+0,34 %

+6,41 %

+11,57 %

+34,68 %

+44,44 %

+29,44 %

-40,08 %

-64,19 %

-65,68 %

ISIN:FI4000106299WKN:A1W9NS

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