Bitcoin Group SE, DE000A1TNV91

Bitcoin Group SE, DE000A1TNV91

03.12.2018 - 15:49:18

Bitcoin Group SE: Adjustment of the forecast for the current financial year

Bitcoin Group SE:? Adjustment of the forecast for the current financial year Herford, December 03, 2018 - Bitcoin Group SE (ISIN DE000A1TNV91) adjusts the previously communicated forecast for the 2018 financial year. Despite the sales increase of approx. 35% at the end of November 2018 compared to the same period of the previous year, the company reduces its earnings forecast. The reason for this measure lies in the exceptionally strong month of December 2017, which will probably not be seen this year under the current external conditions (Bitcoin price, media attention). For this reason, the target of 1 million users is also unlikely to be reached. Bitcoin Group SE expects revenues of more than EUR 9.5 million for the financial year 2018 (previous year: EUR 12.6 million). With expected costs of no more than EUR 2.5 million (previous year: approx. EUR 1.8 million), profit before taxes is expected to be above EUR 7 million.Contact: Bitcoin Group SE Marco Bodewein D-Nordstrasse 14 32051 Herford mail: phone: +49.5221.69435.20 fax: +49.5221.69435.25 website: www.bitcoingroup.comInvestor Relations contact: CROSS ALLIANCE communication GmbH Susan Hoffmeister phone.: +49 (0)89 89827227 mail: website:

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Language: English Company: Bitcoin Group SE Nordstrasse 14 32051 Herford

Germany Phone: +49.5221.69435.20 Fax: +49.5221.69435.25 E-mail: Internet: ISIN: DE000A1TNV91 WKN: A1TNV9 Listed: Regulated Unofficial Market in Berlin, Dusseldorf (Primärmarkt), Frankfurt, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange   End of Announcement DGAP News Service

753807  03-Dec-2018 CET/CEST