Brief: Global Fashion Group FY Adj. EBITDA At EUR 16.4 Mln

Global Fashion SA

01/03/2021 07:06

March 1 (Reuters) - GLOBAL FASHION GROUP SA  GFG.DE :
    * GLOBAL FASHION GROUP DELIVERS FIRST ADJUSTED. EBITDA
POSITIVE
YEAR, Q4 NMV UP 29%
    * FIRST ADJUSTED. EBITDA POSITIVE YEAR WITH EUR 16.4M, AND A
MARGIN OF 1.2%
    * Q4 GROSS MARGIN 44.0% (Q4/19: 40.4%)
    * IN 2021, GFG EXPECTS TO GROW NMV BY OVER 25%, DELIVERING
C.EUR
2.3-2.4 BILLION IN NMV, AND AROUND EUR 1.5 BILLION OF REVENUE
    * CAPEX INVESTMENT WILL BE AROUND EUR 60 MILLION IN 2021
    * Q4 ANOTHER RECORD NUMBER OF ORDERS - 13.3 MILLION - UP
28.8%
YOY, WITH A MARGINAL IMPROVEMENT OF AVERAGE ORDER VALUE

Source text for Eikon:  ID:nEQb60S35a 
Further company coverage:  GFG.DE 

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