Wanda Sports Group Company Limited Announces Unaudited Consolidated Earnings Results for the Third Quarter Ended September 30, 2019; Provides Earnings Guidance for the Fourth Quarter and Full Year Ending December 31, 2019
The company provided earnings guidance for the fourth quarter and full year ending December 31, 2019. For the fourth quarter, the company currently expects total revenue to be in the range of EUR 245 million to EUR 260 million, or down 7% to 1% year-over-year. Excluding reimbursement revenue, total revenue to be in the range of EUR 242 million to EUR 257 million, or down 7% to 1% year-over-year.
For the full year 2019, the company currently expects total revenue to be in the range of EUR 1,020 million to EUR 1,035 million, or down 10% to 8% from 2018. Excluding reimbursement revenue, total revenue to be in the range of EUR 987 million to EUR 1,002 million, or up 8% to 10% from 2018.