Brief: Wirtek Signs Large Client Contract And Increases Expectations For 2022

Wirtek A/S

03/03/2022 14:10

March 3 (Reuters) - 
    * WIRTEK SIGNS LARGE CLIENT CONTRACT AND INCREASES
EXPECTATIONS
FOR 2022
    * CONTRACT INVOLVES ESTABLISHMENT OF A LARGE, DEDICATED TEAM
IN
ROMANIA TO SUPPORT CLIENT'S DEVELOPMENT ACTIVITIES
    * RAMP-UP OF TEAM WILL START FROM Q2 2022 AND WILL HAVE
SUBSTANTIAL POSITIVE IMPACT ON BOTH REVENUE AND EBITDA FROM 2022
AND ONWARDS.
    * TO RAISE EXPECTATIONS FOR 2022
    * 2022 REVENUE EXPECTATION IS RAISED TO DKK 64.0M - 69.0M
(UP FROM
PREVIOUSLY DKK 61.0M - 66.0M), A GROWTH OF 41% - 52% COMPARED TO
2021.
    * 2022 EBITDA EXPECTATION IS RAISED TO DKK 8.6M - 9.6M (UP
FROM
PREVIOUSLY DKK 7.5M - 8.5M), A GROWTH OF 39% - 54% COMPARED TO
2021

Source text for Eikon:  ID:nWkr97Lz0y 
Further company coverage: [ WIRTEK.CO ]

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