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DGAP-News: ZEAL Network SE: ZEAL continues to grow in the first half of 2021

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Thursday, August 12, 2021

In the first half of 2021, billings of the ZEAL Group rose by 6% to EUR 332.91 million (2020: EUR 314.4 million), of which the Germany segment accounted for almost the entire amount at EUR 332.8 million (2020: EUR 313.8 million).

Key Points: 
  • In the first half of 2021, billings of the ZEAL Group rose by 6% to EUR 332.91 million (2020: EUR 314.4 million), of which the Germany segment accounted for almost the entire amount at EUR 332.8 million (2020: EUR 313.8 million).
  • Revenue increased by 2% to EUR 44.5 million (2020: EUR 43.6 million), of which EUR 41.8 million was attributable to the Germany segment (2020: EUR 39.0 million).
  • Consequently, adjusted EBITDA rose to EUR 10.7 million (2020: EUR 3.3 million) - there were no non-recurring expenses or income.
  • Moreover, the Company continues to expect revenue of at least EUR 95 million in fiscal year 2021.