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.