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SMAR - Smartphoto NV News Story

€32.8 0.3  0.9%

Last Trade - 10:04am

Sector
Consumer Cyclicals
Size
Small Cap
Market Cap £101.7m
Enterprise Value £101.0m
Revenue £51.2m
Position in Universe 529th / 849

BRIEF-Smartphoto Group Sees FY Growth In Revenue And EBITDA

Wed 16th June, 2021 5:40pm
June 16 (Reuters) - SMARTPHOTO GROUP NV  SMAR.BR :
    * DEMAND FOR BOOKS AND PRINTS FELL BACK TO NORMAL LEVEL IN
2021
AFTER STRONG SALES IN H1 2020
    * AS AT JUNE 30, 2021, EXPECTS RATHER STABLE HALF-YEAR
TURNOVER
COMPARED HALF-YEAR AS AT JUNE 30, 2020
    * GIFTS CATEGORY CONTINUED TO GROW STRONGLY
    * INCREASE IN FIXED COSTS DUE TO OPENING OF NEW FACTORY AND
TEAMS
EXPANSION WILL AFFECT PROFITABILITY IN H1 2021
    * DESPITE LIMITED VISIBILITY, EXPECTS FY 2021 GROWTH IN
REVENUE
AND EBITDA
    * NET CASH CONTINUES TO EVOLVE POSITIVELY
    * EXPECTS LOWER EBITDA FOR H1 2021 COMPARED TO H1 2020
    * IN 2021, SUPERFAST DELIVERY FOR A NUMBER OF PRODUCTS
'ORDERED
TODAY, DELIVERED TOMORROW' WILL BE FURTHER EXPANDED

 Further company coverage:  SMAR.BR  
    







   


 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
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