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B90 - B90 Holdings News Story

4.75p 0.0  0.0%

Last Trade - 17/03/20

Sector
Consumer Cyclicals
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £3.97m
Position in Universe th / 1819

BRIEF-Veltyco Group Says FY Revenues From Cont Ops Increased 18%

Fri 28th June, 2019 5:38pm
June 28 (Reuters) - Veltyco Group PLC  VLTY.L :
    * FY REVENUES FROM CONTINUING OPERATIONS INCREASED 18% TO
EUR 4.7
MILLION (2017: EUR 4.0 MILLION)
    * RESTRUCTURED GROUP OPERATIONS, TERMINATING MARKETING
AGREEMENTS
IN ONLINE FINANCIAL TRADING AND LOTTERY VERTICALS
    * CURRENT TRADING HAS BEEN IMPACTED BY A HIGHER PROPORTION
OF
LOWER MARGIN REVENUES ACTIVITIES
    * REVENUES IN FIRST FIVE MONTHS OF 2019 ARE BELOW MANAGEMENT
EXPECTATIONS
    * OPERATING EBITDA FOR YEAR ENDED 31 DECEMBER 2018 WAS EUR
0.5
MILLION (2017: EUR 8.1 MILLION)

Source text for Eikon:  ID:nRSb9166Da 
Further company coverage:  VLTY.L 

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