Brief: Efecte Q3 EBITDA Up At EUR 0.4 Mln

Efecte Oyj

27/10/2021 06:35

Oct 27 (Reuters) - Efecte Oyj  EFECTE.HE :
    * REG-EFECTE PLC'S BUSINESS REVIEW ON 1-9/2021 – SAAS +23%,
EBITDA
MARGIN 7%
    * Q3 SAAS GREW BY 21% AND INTERNATIONAL SAAS BY 26%
    * Q3 EBITDA WAS 0.4 MILLION EURO (0.3) AND EBIT 0.3 MILLION
EURO
(0.2)
    * Q3 SERVICES GREW BY 28%, DRIVEN BY STRONG DEMAND AND A
COMPARISON PERIOD IMPACTED BY PANDEMIC
    * EFECTE AIMS FOR OVER 20% ANNUAL ORGANIC GROWTH OF SAAS NET
SALES
ON AVERAGE IN 2020 - 2023
    * EFECTE OYJ -OUTLOOK 2021: SAAS NET SALES IS EXPECTED TO
GROW
21-24% AND EBITDA MARGIN TO BE 1-6%

Source text for Eikon:  ID:nGNE1snzPd 
Further company coverage:  EFECTE.HE 

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