Brief: 11 88 0 Solutions FY EBITDA At EUR 5.8 Mln

11 88 0 Solutions AG

31/03/2022 07:06

March 31 (Reuters) - 11 88 0 SOLUTIONS AG  TGTG.DE :
    * LOOKS BACK ON SUCCESSFUL 2021 FINANCIAL YEAR: REVENUE AND
EBITDA
MASSIVELY IMPROVED
    * FY EBITDA 5.8 MILLION EUR VERSUS 3.0 MILLION EUR YEAR AGO
    * ANNOUNCED THAT IT GREW ITS REVENUE BY 11.3 PERCENT TO EUR
56.5
MILLION IN 2021 FINANCIAL YEAR
    * FY EBITDA IN THIS SEGMENT ROSE FROM EUR 2.8 MILLION IN
2020 TO
EUR 5.6 MILLION IN 2021 FINANCIAL YEAR
    * OUTLOOK 2022: EXPECTS TO GENERATE CONSOLIDATED REVENUE
BETWEEN
EUR 54.8 AND EUR 60.6 MILLION AND EBITDA BETWEEN EUR 3.3 AND EUR
4.3 MILLION
    * FY EUR 1.0 MILLION, COMPANY IN FINANCIAL YEAR 2021 POSTED
A NET
PROFIT FOR FIRST TIME IN NINE YEARS
    * OUTLOOK 2022: FOR 2022 FINANCIAL YEAR, 11880 SOLUTIONS AG
EXPECTS TO GENERATE CONSOLIDATED REVENUE BETWEEN EUR 54.8 AND
EUR 60.6 MILLION AND EBITDA BETWEEN EUR 3.3 AND EUR 4.3 MILLION

Source text for Eikon:  ID:nEQbvmjw5a 
Further company coverage:  TGTG.DE 

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