Brief: Asmallworld AG Announces 2020 Full Year Results

Asmallworld AG

18/03/2021 05:05

March 18 (Reuters) - Asmallworld AG  ASWN.S :
    * EQS-ADHOC: ASMALLWORLD AG ANNOUNCES 2020 FULL YEAR RESULTS
AT
UPPER END OF ITS GUIDANCE
    * FY SALES FELL 7 PERCENT TO 12 MILLION CHF
    * SUBSCRIPTIONS SEGMENT GREW BY 10.5% IN 2020
    * ANTICIPATES MODERATE YEAR-ON-YEAR REVENUE GROWTH,
EXPECTING
SALES OF CHF 12.5-13.0M FOR 2021
    * EBITA IS EXPECTED TO IMPROVE TO CHF 1.7-2.2 MILLION FOR
YEAR
    * NUMBER OF MEMBERS IS EXPECTED TO GROW BY 5-10% TO
65'000-68'000
MEMBERS BY THEN END OF 2021
    * FOR 2020 COMPANY MANAGED TO INCREASE ITS EBITDA BY 3%,
FROM CHF
1.45 MILLION TO CHF 1.49 MILLION

Source text for Eikon:  ID:nEQbqqLGva 
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