Brief: Mailup Says Board Of Mailup Approved Draft Individual, Consolidated Financial Statements As Of 31 Dec

Growens SpA

24/03/2020 20:41

March 24 (Reuters) - MailUp SpA  MAIL.MI :
    * THE BOARD OF DIRECTORS OF MAILUP APPROVED THE DRAFT
INDIVIDUAL
AND CONSOLIDATED FINANCIAL STATEMENTS AS OF 31 DECEMBER 2019
 MAIL.MI 
    * FY CONSOLIDATED REVENUES OF EUR 60.8 MLN, +51% (+46%
ORGANIC)
VERSUS 31 DECEMBER 2018
    * CONSOLIDATED EBITDA OF EUR 4.8 MLN, +27% VERSUS 31
DECEMBER 2018
    * FY CONSOLIDATED NET EARNINGS OF EUR 1.2 MILLION, -8%
VERSUS 31
DECEMBER 2018
    * ENTIRE WORKFORCE HAS NOW BEEN WORKING REMOTELY FOR SEVERAL
WEEKS
    * FY HOLDING COMPANY NET EARNINGS OF EUR 2.2 MILLION,+183%
VERSUS
31 DECEMBER 2018
    * CURRENTLY DO NOT ENVISAGE ANY IMPACT ON EMPLOYMENT.
    * ALTHOUGH OUR SALES PROCESS CAN BE ENTIRELY DIGITALIZED,
CANNOT
RULE OUT EVENTUAL REDUCTIONS IN INVESTMENTS OR PROSPECTS DUE TO
COVID-19
    * VERY DIFFICULT TO DETERMINE A POTENTIAL QUANTITATIVE
IMPACT OF
CRISIS.
    * CURRENTLY FORECAST NO SIGNIFICANT CHANGES TO OUR PLANS
    * ON MEASURES BY ITALY TO STOP NON-ESSENTIAL ACTS IN VIEW OF
CONTAINING CONTAGION, MAILUP INCLUDED IN LIST OF COS ALLOWED TO
BE FULLY OPERATIONAL

Source text for Eikon:  ID:nBIA3DKYrd 
Further company coverage:  MAIL.MI 

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