Verve Group (VRV.DE,VER.ST) lowered its outlook for full-year 2025. The downward revision stems from two key factors that diverge from the assumptions made in the original forecast. First, the company experienced a one-time impact due to more severe technical issues during its platform unification process. These issues directly affected revenue and led to a slower-than-expected recovery in revenue intake from supply-side marketplace activities following the technical integration. Second, the company is facing significantly stronger negative effects from foreign exchange translation, as well as a more challenging outlook than management had previously anticipated.
The company now anticipates annual net revenue to range between 485 million euros and 515 million euros, down from its earlier forecast of 530 million euros to 565 million euros.
Annual adjusted EBITDA is expected to fall between 125 million euros and 140 million euros, compared to the previous estimate of 155 million euros to 175 million euros.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.
For comments and feedback contact: editorial@rttnews.com
Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.