Brief: Unifiedpost Group FY EBITDA Loss Narrows To 6.0 Million Euros

Banqup SA

12/03/2021 06:19

March 12 (Reuters) - Unifiedpost Group SA  UPG.BR :
    * IS CONFIDENT TO COMPLETE THIS GROWTH PHASE IN 2021 AND
MEANWHILE
MAINTAIN HIGH CUSTOMER GROWTH AND AN INCREASING EARNING PER
CUSTOMER
    * CONFIRMS THE EARLIER GUIDANCE IT HAS GIVEN FOR DIGITAL
PROCESSING
    * BY 2023 THE GROSS MARGIN OF THE DIGITAL BUSINESS WILL
EXCEED 60%
AND THE NORMALISED EBITDA MARGIN WILL EXCEED 25%
    * FOR POSTAL & PARCEL OPTIMISATION UNIFIEDPOST WILL MAINTAIN
A
STEADY GROSS MARGIN IN THE COMING YEARS
    * COMPANY CONFIRMS FINANCIAL TARGETS IT HAS SET FOR 2022
    * POSTAL & PARCEL BUSINESS WILL NOT BE DIVESTED
    * CONSOLIDATED REVENUE OF GROUP GREW WITH 47% TO EUR 69
MILLION IN
2020 (EUR 47 MILLION IN 2019)
    * COMPANY CONFIRMS FINANCIAL TARGETS FOR 2023
    * NET FINANCIAL CASH POSITION ON 31 DECEMBER 2020 AMOUNTS TO
EUR
92 MILLION
    * EBITDA IMPROVED FROM 2019 TO 2020 WITH € 1.5 MILLION AT -6
MILLION EUROS
    * FY NET LOSS AT 33.8 MILLION EUROS VERSUS LOSS OF EUR 22.4
MILLION

Source text: https://bit.ly/38x1DiU
Further company coverage:  UPG.BR 

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