Brief: Ferratum 9-month EBIT up by 50.0 pct to EUR 12.7 mln

Multitude AG

12/11/2015 06:28

Nov 12 (Reuters) - Ferratum Oyj  FRU.DE : 
    * Continues on its profitable growth path in the first nine 
months of 2015 
    * 9-month revenues rise by 60.2 pct to 79.2 million euros 
($85 million); record sales in 2014 exceeded after only nine 
months 
    * 9-month EBIT increase by 50.0 pct to 12.7 million euros 
    * Significant PR work and marketing are scheduled from Q1 
2016 on 
    * 9-month net income increased significantly by a total of 
90.5 pct to 8.8 million euros(8.3 million euros after IPO costs) 
compared to 4.6 million euros in first nine months of 2014 
    * Marketing and further development of Ferratum's Mobile 
Bank are most important strategic targets for 2016 
 
Source text for Eikon:  ID:nEQ4NcSQca  
Further company coverage:  FRU.DE  
 
($1 = 0.9297 euros) 
 
 (Gdynia Newsroom) 
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