Brief: Global Fashion Group Q3 Adjusted EBITDA At EUR 10.3 Mln

Global Fashion SA

12/11/2020 07:04

Nov 12 (Reuters) - GLOBAL FASHION GROUP SA  GFG.DE :
    * DELIVERS 35% NMV GROWTH AND MOST PROFITABLE QUARTER YET
    * CASH FLOW POSITIVE WITH PRO-FORMA^3 CASH BALANCE AT 30
SEPTEMBER
OF EUR 281M, UP EUR 18M IN QUARTER
    * Q3 ADJUSTED EBITDA OF EUR 10.3M, A MARGIN OF 3.1%, AND
MOST
PROFITABLE QUARTER TO DATE
    * Q3 ORDERS INCREASED BY 26.3% TO A RECORD 10.8M, WITH A
6.5%
INCREASE IN AVERAGE ORDER VALUE, AND CUSTOMER FREQUENCY STEADY
AT 2.5 TIMES PER YEAR
    * EXPECTS FY ADJUSTED EBITDA IS EXPECTED TO BE AT LEAST EUR
10
MILLION

Source text for Eikon:  ID:nEQ6b2fBka 
Further company coverage:  GFG.DE 

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