DGAP-News: 11880 Solutions AG
/ Key word(s): 9 Month figures/Quarterly / Interim Statement
Essen, 9 November 2021 - 11880 Solutions AG has successfully completed the first nine months of the current financial year: As of 30.09.2021, revenues increased by 17.6 percent compared to the previous year and amounted to € 42.9 million at Group level (30.09.2020: € 36.5 million). The EBITDA grew by 77.3 per cent to € 4.1 million (30.09.2020: € 1.8 million). The Digital business contributed € 33.4 million to total revenues in the first nine months of the current 2021 financial year (30.09.2020: € 27.3 million). EBITDA improved in this business segment to € 4.0 million (30.09.2020: € 2.4 million). In the Directory Assistance segment, the company also managed again a slight increase in revenues to € 9.5 million (30.09.2020: € 9.2 million). EBITDA was also slightly positive in this business segment at € 0.1 million (30.09.2020: € -0.1 million). Even after the cyber attack reported at the end of October, which briefly disrupted a large part of the company's operational processes, 11880 Solutions AG is sticking to its guidance for 2021 issued at the beginning of the 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 shown an excellent performance so far this year," says Christian Maar, CEO of 11880 Solutions AG. "However, we are not yet in the position to make a final assessment of the consequences of the cyber attack but are of course nonetheless sticking to our growth course. To this end, we are already developing further product offerings and examining opportunities to expand our business areas. Innovation and time-to-market are the most important criteria on our way to becoming the number 1 in online marketing for small and medium-sized enterprises 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: anja.meyer@11880.com
09.11.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | 11880 Solutions AG |
Hohenzollernstraße 24 | |
45128 Essen | |
Germany | |
Phone: | 0201-80990 |
E-mail: | info@11880.com |
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 09.11.2021
The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.
The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.
If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.
For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.
1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.