Brief: Unifiedpost Group H1 Revenue Up At EUR 91.7 Million

Banqup SA

12/08/2022 06:16

Aug 12 (Reuters) - Unifiedpost Group SA  UPG.BR :
    * REVENUE IN FIRST HALF YEAR OF 2022 INCREASED BY 13.6% Y/Y
TO EUR
91.7 MILLION
    * RECURRING DIGITAL PROCESSING REVENUE UP BY 21.7% Y/Y IN H1
2022
    * HAS NOT BEEN DIRECTLY IMPACTED BY RUSSIAN AGGRESSION
AGAINST
UKRAINE
    * ALL COUNTRIES WHERE GROUP IS ACTIVE ARE HOWEVER
EXPERIENCING
LEVELS OF INFLATION THAT HAVE NOT BEEN OBSERVED IN DECADES
    * OUTLOOK: TARGET IS TO BE CASHFLOW BREAK-EVEN BY SECOND
SEMESTER
OF 2023
    * WITH TRANSITIONAL YEAR 2022 FOR B2B E-INVOICING MARKET
GROUP
WILL GENERATE SUBSTANTIAL ADDITIONAL REVENUE FROM THIS BUSINESS
IN Q3/Q4 WITH LICENSE DEALS
    * E-INVOICING:  DEALS, IF TIMELY MATERIALISED IN 2022, WILL
SUPPORT ORGANIC GROWTH OF 25%
    * OUTLOOK: THE GROUP PLANS TO INCREASE SALES PRICES

Source text: https://bit.ly/3bSLUPR 
Further company coverage:  UPG.BR 

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