Brief: SG Company Approves 2019-2022 Business Plan

SG SB SpA

09/07/2019 17:34

July 9 (Reuters) - SG COMPANY SPA  SGCO.MI :
    * APPROVES 2019-2022 BUSINESS PLAN
    * EXPECTED FULL YEAR TOTAL REVENUE OF BETWEEN EUR 41 AND 45
MILLION IN LINE WITH CONSOLIDATED RESULTS PRO-FORMA 2018
    * ESTIMATES 2022 GROSS REVENUES (ON LFL BASIS) BETWEEN EUR
61
MILLION AND EUR 66 MILLION, WITH CAGR 2019-2022 BETWEEN 10 AND
15%
    * SEES BUSINESS MARGIN (WHICH INCLUDES ALL DIRECT COSTS OF
PRACTICE AND PROVINCIAL COSTS) IMPROVING IN 2019 AND WITH A CAGR
2019-2022 BETWEEN 15 AND 20%
    * RAISES ITS STAKE IN BRAINWAVES BY 29%, TO 80%, FOR
CONSIDERATION
OF ABOUT EUR 171,000 PAID IN CASH

Source text for Eikon:  urn:newsml:reuters.com:*:nBIA6578pl
Further company coverage:  SGCO.MI 

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