Storytel reports strong earnings growth and raises guidance
Net sales grew 12.7% CER, adjusted EBITDA margin expanded to 19.2%, and full-year guidance raised to SEK 900m.
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Audiobook, e-book, and print publisher
storytelgroup.comLast updated
In short: Storytel reported strong financial growth and record profitability through 2026, surpassing 2.7 million subscribers and raising guidance.
Net sales grew 12.7% CER, adjusted EBITDA margin expanded to 19.2%, and full-year guidance raised to SEK 900m.
The listing follows approval by Nasdaq Stockholm's Listing Committee and marks a new chapter for the company.
The approval is subject to conditions including prospectus approval; trading on Nasdaq Stockholm starts June 8, 2026.
The acquisition, fully paid in cash, adds Overamstel's diverse imprints and strengthens Storytel's Benelux presence.
09:14 DNB Carnegie raises Storytel's price target to SEK 106 (100), maintains 'hold' recommendation FW 08:44 SB1 Markets raises the target...
Storytel AB (STRYF) reports robust financial performance with significant revenue and profit increases, driven by strategic acquisitions and subscriber growth.
Stockholm stock exchange opens the week after the long weekend lower. At around 12:30, the broad OMXSPI index is down 0.8 percent, while the large-cap index OMXS30 has fallen 0.7 percent. Thus, the...
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