Brief: Vogo FY EBITDA Loss Narrows To EUR 0.6 Million

Vogo SA

05/04/2022 16:55

April 5 (Reuters) - Vogo SA  ALVGO.PA :
    * FOR THE FULL YEAR 2021, REVENUE €8.5M, UP 53% COMPARED TO
THE
SAME PERIOD IN 2020
    * FY NET LOSS GROUP SHARE EUR 1.5 MILLION VERSUS LOSS EUR
3.3
MILLION YEAR AGO
    * VOGO REMAINS FULLY CONFIDENT THAT THE 2022 FINANCIAL YEAR
WILL
BE A SUCCESS IN TERMS OF GROWTH AND IMPROVED RESULTS
    * VOGO IS CONFIDENT IN ITS ABILITY TO CONFIRM ITS STRONG 
GROWTH
    * FY EBITDA LOSS EUR 0.6 MILLION VERSUS LOSS EUR 2.2 MILLION
YEAR
AGO
    * 2022 WILL BENEFIT FROM THE FULL-YEAR INTEGRATION OF VOGO
UK AND
ITS POSITIVE CONTRIBUTION TO THE GROUP'S PERFORMANCE, BOTH IN
TERMS OF ACTIVITY AND RESULTS
    * 2022 SHOULD BE ACCOMPANIED BY A FURTHER IMPROVEMENT IN
PROFITABILITY   WITH THE AIM OF POSTING A POSITIVE EBITDA
    * THE DIRECT IMPACT OF GEOPOLOTICS IS LOW FOR VOGO, ITS
POSSIBLE
CONSEQUENCES ON GLOBAL DEMAND ARE POINTS OF VIGILANCE

Source text for Eikon:  urn:newsml:reuters.com:*:nNDL2tBmTt
Further company coverage:  ALVGO.PA 

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