DGAP-News: windeln.de SE: windeln.de announces preliminary financials for 2020 with 8.6% revenues growth and modest adj. EBIT improvement year over year; adj. EBIT break-even target updated to full year 2022; further cost measures to be executed
EBIT break-even target updated to full year 2022; further cost measures to be executed
- EBIT break-even target updated to full year 2022; further cost measures to be executed
The issuer is solely responsible for the content of this announcement. - EBIT break-even target early 2021 cannot not be reached as growth in China takes longer; adj.
- This equals +8.6% revenues growth year over year and is therefore lower than the targeted double-digit growth.
- Based on preliminary financials, the Company's revenues in China grew from EUR 51.3 million in 2019 to EUR 56.0 million in 2020 (+9.2% growth year over year).