Brief: Wirtek FY Pretax Profit Up At DKK 3.0 Mln

Wirtek A/S

04/03/2021 08:06

March 4 (Reuters) - Wirtek A/S  WIRTEK.CO :
    * REG-WIRTEK ANNUAL REPORT 2020: REVENUE GREW BY 19% AND
EBITDA
WAS UP BY 80%
    * FY NET SALES DKK 27.6 MILLION VERSUS DKK 23.2 MILLION YEAR
AGO
    * BOARD OF DIRECTORS WILL PROPOSE PAY-OUT OF DIVIDENDS FOR
2020 OF
DKK 0.20 PER SHARE.
    * 2020 EBITDA INCREASED TO TDKK 3,223, A GROWTH OF 80%
COMPARED TO
2019
    * FY PRETAX PROFIT DKK  3.0 MILLION VERSUS PROFIT DKK 1.3
MILLION
YEAR AGO
    * IN 2021, WIRTEK AGAIN EXPECTS TO DELIVER DOUBLE-DIGIT
REVENUE
GROWTH IN LINE WITH OUR NEW ACCELERATE25 STRATEGY, ANNOUNCED IN
JANUARY THIS YEAR.
    * ORGANIC REVENUE FOR 2021 IS EXPECTED IN RANGE OF DKK 31.6M
- DKK
33.2M, A GROWTH OF 14% - 20% COMPARED TO 2020.
    * EBITDA FOR 2021 IS EXPECTED IN RANGE OF DKK 3.5M - DKK
3.8M, A
GROWTH OF 9% - 19% COMPARED TO 2020.
    * IS AIMING FOR DKK 100M IN REVENUE AND DKK 10M IN PRE-TAX
PROFITS
BY 2025, AN AVERAGE ANNUAL REVENUE GROWTH OF 30%
    * WHILE STILL EXPECTING ORGANIC DOUBLE-DIGIT REVENUE GROWTH
EACH
YEAR
    * WILL ALSO PURSUE STRATEGIC ACQUISITIONS AS PART OF
ACCELERATED
GROWTH STRATEGY.

Source text for Eikon:  ID:nGNE1XymG5 
Further company coverage:  WIRTEK.CO 

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