Brief: ASMALLWORLD expects to be profitable for the first half of 2019

Asmallworld AG

20/08/2019 18:08

Aug 20 (Reuters) - Asmallworld AG  ASWN.S :
    * EXPECTS TO BE PROFITABLE FOR THE FIRST HALF OF 2019
    * SAYS  COMPANY BELIEVES IT IS ON TRACK TO REACH ITS GOAL OF
56'000 TO 58'000 MEMBERS BY END OF YEAR
    * SAYS EXPECTS TO REACH ITS REVENUE GUIDANCE OF CHF 12-12.5M
FOR
FULL YEAR.
    * IN FIRST HALF OF 2018, COMPANY REPORTED A LOSS OF CHF 1.4
MILLION AT EBITDA LEVEL
    * BASED ON PRELIMINARY FIGURES, CO EXPECTS TO BE PROFITABLE
FOR
FIRST HALF OF 2019, IN TERMS OF EBITDA AS WELL AS NET INCOME

Source text for Eikon:  ID:nEQ7Plwgwa 
Further company coverage:  ASWN.S 

 ((Reuters.Briefs@thomsonreuters.com;))