Brief: JDC FY EBITDA Up At Around EUR 5.1 Mln

JDC AG

08/03/2021 07:03

March 8 (Reuters) - JDC GROUP AG  JDC.DE :
    * DGAP-NEWS: JDC GROUP AG: JDC GROUP DEFIES COVID-19 WITH
SIGNIFICANT INCREASE IN REVENUES AND PROFIT
    * PRELIMINARY FIGURES FOR 2020 AS A WHOLE SHOW REVENUES UP
MORE
THAN 10 PERCENT AT AROUND EUR 123 MILLION, WITH STABLE COST
STRUCTURE
    * PRELIMINARY FULL-YEAR EBITDA FOR 2020 UP BY AROUND 22
PERCENT AT
AROUND EUR 5.1 MILLION - OR BY AROUND 40 PERCENT AT EUR 5.8
MILLION AFTER ADJUSTMENT FOR NON-RECURRING EXPENSES
    * (EBIT) WERE ALSO POSITIVE IN 2020, AT EUR 0.5 MILLION
(ADJUSTED:
EUR 1.2 MILLION), AND THUS ALSO SIGNIFICANTLY BETTER THAN
PREVIOUS YEAR (2019: EUR -0.1 MILLION).
    * IN 2021, ON BASIS OF COLLABORATIONS ALREADY IN PLACE,
COMPANY
EXPECTS REVENUES TO GROW TO BETWEEN EUR 135 MILLION AND EUR 142
MILLION AND EBITDA TO RISE TO MORE THAN EUR 7 MILLION
    * BY 2025 AT LATEST, WE PLAN TO DOUBLE JDC GROUP'S 2020
REVENUES
AND THUS MULTIPLY 2020 EBITDA FIGURE

Source text for Eikon:  ID:nEQDxdXDa 
Further company coverage:  JDC.DE 

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