Brief: Datagroup Q1 EBITDA Up By 28.4 Pct At EUR 9.1 Mln

Datagroup SE

21/02/2019 06:42

Feb 21 (Reuters) - Datagroup SE  D6HG.DE :
    * DGAP-NEWS: DATAGROUP SE: DATAGROUP WITH SOLID FIRST QUARTER
    * Q1 EBITDA THUS INCREASED CLEARLY DISPROPORTIONATELY COMPARED TO REVENUE BY 28.4 % TO EUR
9.1M
(EUR 7.1M)
    * REVENUE IN Q1 INCREASED BY 6.9 % TO EUR 69.4M (PREVIOUS YEAR EUR 64.9M)
    * Q1 EARNINGS BEFORE INTEREST AND TAXES (EBIT) GREW BY 8.6 % TO EUR 4.1M (EUR 3.7M)
    * MEDIUM-TERM GOAL OF A 13 % EBITDA MARGIN BY 2020/21 IS STILL
    * SCOPE OF CONSOLIDATION SLIGHTLY INCREASED YOY DUE TO FIRST-TIME CONSOLIDATION OF NEWLY
ACQUIRED
ALMATO IN JANUARY 2018
    * FURTHER LARGE-SCALE ORDERS FROM FINANCIAL INDUSTRY
    * SEES STRONGER FOCUS ON POTENTIAL ACQUISITIONS IN CURRENT FISCAL YEAR

Source text for Eikon:  ID:nEQzrGRsa 
Further company coverage:  D6HG.DE 

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