Retelit -

BOARD OF DIRECTORS APPROVES INTERIM REPORT AT SEPTEMBER 30, 2019

08 November 2019 - 14:06Price sensitive | Press releases

DOUBLE-DIGIT NET PROFIT GROWTH TO EURO 6.8 MILLION (+81% YOY) • Revenues up 17% to Euro 59.0 million from Euro 50.5 million in the first nine months of 2018 • EBITDA of Euro 23.6 million, up 9% on Euro 21.8 million for 9M 2018 • EBIT of Euro 7.6 million, up 42% on Euro 5.4 million for 9M 2018 • Net profit grows 81% to Euro 6.8 million (Euro 3.8 million for 9M 2018) • Cash EBITDA2 of Euro 18.5 million, compared to Euro 15.3 million for 9M 2018 • Net Cash Position of Euro 4.0 million, compared to Euro 12.7 million at December 31, 2018 • Orders at Total Contract Value (TCV) of Euro 37.9 million (Euro 46.8 million in 9M 2018) • 2019 guidance at financial and earnings level confirmed, NFP guidance changed from Euro 17 - 21 million to Euro 1 - 4 million, mainly relating to the buy-back transactions.

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