Brief: USU Software Q3 EBITDA At EUR 3.7 Mln

USU Ventures AG

18/11/2021 08:06

Nov 18 (Reuters) - USU SOFTWARE AG  OSPGk.DE :
    * RECORDS JUMP IN PROFITS
    * QUARTERLY EBIT 2.5 MILLION EUR VERSUS 1.1 MILLION EUR YEAR
AGO
    * SALES GROWTH OF 8.4% IN Q3 2021
    * FOR 2021 AS A WHOLE, MANAGEMENT BOARD EXPECTS USU GROUP TO
RECORD SLIGHT GROWTH IN SALES AND AN IMPROVEMENT IN ADJUSTED
EBITDA TO AT LEAST EUR 9-10 MILLION
    * Q3 EBITDA BY 69.8% YEAR-ON-YEAR TO EUR 3.7 MILLION (Q3
2020: EUR
2.2 MILLION)
    * Q3 NET PROFIT AFTER INTEREST AND TAXES ROSE BY 170.5% TO
EUR 2.3
MILLION (Q3 2020: EUR 0.9 MILLION)
    * Q3 EBIT AMOUNTED TO EUR 2.5 MILLION (Q3 2020: EUR 1.1
MILLION),
CORRESPONDING TO AN INCREASE OF 121.8%

Source text for Eikon:  ID:nEQ6lGW01a 
Further company coverage:  OSPGk.DE 

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