Brief: Netfonds Q1 Group Sales Up At EUR 46.2 Mln

Netfonds AG

19/05/2022 07:05

May 19 (Reuters) - NETFONDS AG  NF4.DE :
    * Q1 GROUP SALES INCREASED TO EUR 46.2 MILLION (PREVIOUS
YEAR EUR
41.1 MILLION), WHICH CORRESPONDS TO AN INCREASE OF 12.5%
COMPARED TO THE PREVIOUS YEAR
    * Q1 NET CONSOLIDATED SALES AFTER THE TRANSFER OF
REMUNERATION TO
THE AFFILIATED PARTNERS REACHED EUR 8.60 MILLION (Q1 2021: EUR
8.55 MILLION OR ADJUSTED FOR THE SOLD NSI GMBH +4.2%)
    * Q1 EBITDA BY 59.3% TO EUR 1.9 MILLION (PREVIOUS YEAR: EUR
1.20
MILLION)
    * Q1 EBIT DEVELOPED EVEN MORE DYNAMICALLY, MORE THAN
DOUBLING FROM
AROUND EUR 0.54 MILLION TO EUR 1.10 MILLION
    * Q1 EBT MULTIPLIED TO EUR 1.10 MILLION (EUR 0.32 MILLION IN
2021)
    * THE FORECAST OF ORGANIC GROWTH OF THE NETFONDS GROUP IN
THE
ORDER OF 10-15%, WHICH WAS EXPRESSED IN THE COURSE OF THE
PUBLICATION OF THE ANNUAL FINANCIAL STATEMENTS, IS CONFIRMED

Source text for Eikon:  ID:nEQQS1sLa 
Further company coverage:  NF4.DE 

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