Brief: Netcompany Q3 Adjusted EBITA Rises to Dkk 199.9 million

Netcompany A/S

04/11/2021 06:41

Nov 4 (Reuters) - Netcompany Group A/S  NETCG.CO :
    * Q3 ADJUSTED EBITA DKK  199.9 MILLION VERSUS DKK 195.5
MILLION
YEAR AGO
    * REG-NETCOMPANY - INTERIM REPORT FOR THE NINE MONTHS ENDED
30
SEPTEMBER 2021
    * FOR 2021, NETCOMPANY MAINTAINS EXPECTATIONS TO ORGANIC
REVENUE
GROWTH IN CONSTANT CURRENCIES OF BETWEEN 18%-20% AND ADJUSTED
EBITA MARGIN FOR ORGANIC BUSINESS IN CONSTANT CURRENCIES TO BE
AROUND 23-25%
    * NETCOMPANY EXPECTS ADJUSTED EBITDA MARGIN FOR ORGANIC
BUSINESS
IN CONSTANT CURRENCIES TO BE AROUND 25-27%.
    * NETCOMPANY WILL INITIATE A SHARE BUYBACK PROGRAMME OF DKK
50M TO
BE EXECUTED DURING REMAINING PART OF 2021, WHICH WILL BRING
TOTAL CASH REDISTRIBUTION TO SHAREHOLDERS TO DKK 150M IN 2021.
    * Q3 REVENUE DKK  790.7 MILLION VERSUS DKK 699.1 MILLION
YEAR AGO
    * NETCOMPANY GROUP A/S Q3 GROSS PROFIT MARGIN AT 41.2% 
VERSUS
42.2% YEAR AGO
    * SHARE BUYBACK  WILL BRING TOTAL CASH REDISTRIBUTION TO
SHAREHOLDERS TO DKK 150M IN 2021.

Further company coverage:  NETCG.CO 

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