Brief: The Naga Group Turns to FY Net Profit Of EUR 2.0 Million

NAGA AG

29/06/2021 13:17

June 29 (Reuters) - Naga Group AG  N4G.DE :
    * DGAP-NEWS: THE NAGA GROUP AG: SUCCESSFUL TURNAROUND: NAGA
SIGNIFICANTLY INCREASES GROUP EBITDA TO EUR 6.6 MILLION IN 2020
    * FY NET PROFIT 2.0 MILLION EUR
    * FY EBITDA 6.6 MILLION EUR VERSUS -9.2 MILLION EUR LOSS
YEAR AGO
    * CONTINUATION OF STRONG GROWTH IN 2021: EBITDA EXPANSION TO
EUR
13 MILLION TO EUR 15 MILLION EXPECTED
    * FOR 2021, MANAGEMENT BOARD CONFIRMS GROUP SALES FORECAST
ISSUED
AT BEGINNING OF YEAR OF AN INCREASE TO EUR 50 MILLION TO EUR 52
MILLION AND A GROUP EBITDA OF EUR 13 MILLION TO EUR 15 MILLION.
    * RECORD FIGURES ACHIEVED SO FAR IN FIRST HALF OF 2021
IMPRESSIVELY UNDERPIN THIS AMBITIOUS ANNUAL FORECAST.

Source text for Eikon:  ID:nEQ9SzytMa 
Further company coverage:  N4G.DE 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))