Deezer SA (FR:DEEZR) has released an update.
Deezer SA reports a significant 14.9% revenue growth in the first half of 2024, with a subscriber base boost to 10.5 million and a strong cash position of €65.1M. The company has raised its adjusted EBITDA target for the year, reflecting solid financial performance and has appointed Alexis Lanternier as the new CEO to further its development and profitability. Additionally, Deezer has successfully transferred its listing to Euronext’s general segment, enhancing its trading accessibility.
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