Brief: Netcompany Q2 Adjusted EBITA Rises To DKK 161.3 Mln

Netcompany A/S

20/08/2020 06:36

Aug 20 (Reuters) - Netcompany Group A/S  NETCG.CO :
    * REG-NETCOMPANY - INTERIM REPORT FOR THE SIX MONTHS ENDED
30 JUNE
2020
    * REG-NETCOMPANY - INTERIM REPORT FOR THE SIX MONTHS ENDED
30 JUNE
2020
    * IN Q2 2020, NETCOMPANY REALISED REPORTED REVENUE OF DKK
675.5M,
OF WHICH DKK 654.5M WAS ORGANIC.
    * FOR 2020, NETCOMPANY MAINTAINS ITS EXPECTATIONS TO ORGANIC
REVENUE GROWTH IN CONSTANT CURRENCIES TO BE AROUND 18% -20% AND
EXPECTATIONS TO NON-ORGANIC REVENUE GROWTH TO BE AROUND 1%
    * STILL EXPECTS GROUP ADJUSTED EBITA MARGIN IN CONSTANT
CURRENCIES
TO BE AROUND 26%
    * Q2 ADJUSTED EBITA GREW BY 27.9% TO DKK 161.3M COMPARED TO
DKK
126.1M IN Q2 2019
    * Q2 GROSS PROFIT MARGIN WAS 38.4% AGAINST 37.6% IN Q2 2019.
    * NETCOMPANY EXPECTS TO PAY OUT DIVIDEND OF BETWEEN DKK 50 -
100M
FOR FULL YEAR 2020.

Source text for Eikon:  ID:nGNE3zR0cm 
Further company coverage:  NETCG.CO 

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