Brief: Lumibird FY Revenue Up 14.4% At 126.7 Million Euros

Lumibird SA

25/01/2021 16:52

Jan 25 (Reuters) - LUMIBIRD SA  LBIRD.PA :
    * FY REVENUE ROSE 14.4 PERCENT TO 126.7 MILLION EUR
    * 2020 FULL-YEAR REVENUES IN LINE WITH EXPECTATIONS AT EUR
126.7M
ON A REPORTED BASIS (+14.4% YOY AND +40.7% IN Q4)
    * PLANS TO CONTINUE MOVING FORWARD WITH STRATEGY TO DOUBLE
REVENUES (REPORTED BASIS) BY 2023, WITH AV. ORGANIC ANNUAL
GROWTH OF 8% TO 10% AND A TARGET EBITDA MARGIN OF 20% TO 25%
    * APPROACHING 2021 WITH CONFIDENCE, BACKED BY AN EXTENSIVE
ORDER
BOOK, CONFIRMING UPTURN ON GROUP'S VARIOUS MARKETS

Source text for Eikon:  ID:nGNE8BzK8j 
Further company coverage:  LBIRD.PA 

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