Brief: Vita 34 AG Says Consolidated Revenues Increased To Eur 28.4 Million In Past FY

FamiCord AG

26/04/2022 19:30

April 26 (Reuters) - Vita 34 AG  V3VGn.DE :
    * DGAP-ADHOC: 2021 FINANCIAL FIGURES OF VITA 34 AG EXPECTED
TO BE
SIGNIFICANTLY BELOW MARKET EXPECTATIONS DUE TO SEVERAL SPECIAL
EFFECTS ON EARNINGS DEVELOPMENT
    * SAYS CONSOLIDATED REVENUES INCREASED TO EUR 28.4 MILLION
IN PAST
FY AS A RESULT OF MERGER WITH PBKM FAMICORD (2021: EUR 20.1
MILLION)
    * 2021 EARNINGS BEFORE INTEREST, TAXES, DEPRECIATION AND
AMORTIZATION (EBITDA) FELL TO EUR 0.8 MILLION
    * BOARD PLANS TO IMPLEMENT APPROPRIATE CONTRACTUAL
ADJUSTMENTS,
WHICH ARE EXPECTED TO HAVE A POSITIVE IMPACT FROM SECOND HALF OF
2022

Source text for Eikon:  ID:nEQWK5bha 
Further company coverage:  V3VGn.DE 

 ((Reuters.Briefs@thomsonreuters.com;))