Brief: elumeo SE Says 2020 Revenue Rose By 10% To 42.4 Mln Euros

Elumeo SE

22/04/2021 23:12

April 22 (Reuters) - elumeo SE  ELBG.DE :
    * DGAP-NEWS: ELUMEO SE PUBLISHES ITS CONSOLIDATED FINANCIAL
STATEMENTS FOR 2020:  POSITIVE GROUP RESULT FOLLOWING SUCCESSFUL
RESTRUCTURING - STRONG NEW CUSTOMER GROWTH OF +78% IN Q4 2020
    * REVENUE IN 2020 ROSE BY 10% TO EUR 42.4 MILLION
    * SEES 2021 REVENUE GROWTH OF MORE THAN 10%; SIGNIFICANTLY
POSITIVE ADJUSTED EARNINGS UP TO A MID-SINGLE-DIGIT MILLION-EURO
AMOUNT EXPECTED
    * 16% INCREASE IN REVENUE IN Q4 2020
    * ADJUSTED EBITDA IN FIRST HALF OF 2020 AT EUR 1.6 MILLION
    * ADJUSTED EBITDA INCREASED TO EUR 0.9 MILLION IN FINANCIAL
YEAR
2020 (PREVIOUS YEAR: -2.1 MILLION)

Source text for Eikon:  ID:nEQ3tLjrDa 
Further company coverage:  ELBG.DE 

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