PRESS RELEASE: 11880 Solutions AG with a successful nine-month balance sheet 2021: Sales increased significantly compared to the previous year, EBITDA significantly improved


DGAP-News: 11880 Solutions AG / Keyword (s): 9-month figures / Quarterly / Interim statement 11880 Solutions AG with a successful nine-month balance sheet 2021: Net sales increase compared to the year previous, strong improvement in EBITDA 11/09/21 / 08:00 The issuer is solely responsible for the content of this announcement.

————————————————– ————————————————– ——————-

Essen, November 9, 2021 – 11880 Solutions AG successfully closed the first nine months of the current financial year: as of 09/30/2021, revenues increased by 17.6% compared to the previous year and amounted to to 42.9 million euros at the group level (30.09. 2020: 36.5 million euros). EBITDA increased by 77.3% to reach 4.1 million euros (30.09.2020: 1.8 million euros).

The Digital activity contributed 33.4 million euros to the total turnover during the first nine months of the current 2021 financial year (30.09.2020: 27.3 million euros). EBITDA improved in this business segment to 4.0 million euros (30.09.2020: 2.4 million euros). In the Directory Assistance segment, the company also managed once again to slightly increase its turnover to 9.5 million euros (30.09.2020: 9.2 million euros). EBITDA was also slightly positive in this business segment at 0.1 million euros (30.09.2020: -0.1 million euros).

Even after the reported cyberattack at the end of October, which briefly disrupted much of the company’s business processes, 11880 Solutions AG is sticking to its 2021 forecast issued earlier this year. According to this, the company is aiming for a turnover of between 54.8 and 60.6 million euros and an EBITDA of between 3.1 and 4.3 million euros.

“In both business segments of our company, we have performed very well so far this year,” said Christian Maar, CEO of 11880 Solutions AG. “However, we are not yet in a position to make a definitive assessment of the consequences of the cyberattack, but of course we are maintaining our growth trajectory. To this end, we are already developing other product offerings and examining the opportunities for them. extend our Innovation and time-to-market are the most important criteria to become the number 1 in online marketing for small and medium-sized businesses in Germany.

You can find the nine month report 20201 here: https://ir.11880.com/finanzberichte Contact: Anja Meyer 11880 Solutions AG Tel. : 0201 / 8099-188 E-Mail: [email protected]

————————————————– ————————————————– ——————-

2021-11-09 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. The issuer is solely responsible for the content of this advertisement. DGAP’s distribution services include regulatory announcements, financial / corporate news, and press releases. Archives on www.dgap.de

————————————————– ————————————————– ——————-

Language:     English 
Company:      11880 Solutions AG 
              Hohenzollernstraße 24 
              45128 Essen 
              Germany 
Phone:        0201-80990 
E-mail:       [email protected] 
Internet:     www.11880.com 
ISIN:         DE0005118806, DE0005118806, , 
WKN:          511880, 511880 
Indices:      Prime All Share 
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, 
              Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange 
EQS News ID:  1247189 
 
End of News   DGAP News Service 
=------------ 

1247189 2021-11-09

Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1247189&application_name=news

(END) Dow Jones Newswires

November 09, 2021 02:00 ET (07:00 GMT)


Source link

Previous Union Pacific (NYSE: UNP) has a pretty healthy track record
Next How to read your Epfo account balance statement

No Comment

Leave a reply

Your email address will not be published. Required fields are marked *