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The NAGA Group AG, DE000A161NR7

The NAGA Group AG, DE000A161NR7

27.07.2020 - 13:38:56

The Naga Group AG announces sales and earnings guidance for 2020

Disclosure of inside information in accordance with Article 17 MAR

 

The Naga Group AG announces sales and earnings guidance for 2020

Hamburg, 27.07.2020 - The NAGA GROUP (XETRA: N4G, ISIN: DE000A161NR7), provider of the social network for investing NAGA.com, today announced a sales and earnings forecast for the current fiscal year 2020.

After a strong first half of the year with a clear growth trend for all KPIs such as new registrations, deposits, transactions and trading volumes, the Management Board expects significant growth in both total sales and earnings before interest, taxes, depreciation and amortization (EBITDA). Based on current expectations, the Management Board anticipates sales of between EUR 22 million and EUR 24 million in the course of the 2020 financial year (Sales 2019: EUR 6.2 million). Accordingly, the Management Board calculates an EBITDA between EUR 5.5 million and EUR 6 Million (EBITDA 2019: EUR - 9.1 million).

 

Contact: The NAGA Group AG Andreas Luecke, Management Board Hohe Bleichen 12 20354 Hamburg E: press@naga.com

27-Jul-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language: English Company: The NAGA Group AG Hohe Bleichen 12 20354 Hamburg

Germany E-mail: info@naga.com Internet: www.naga.com ISIN: DE000A161NR7 WKN: A161NR Indices: Scale 30 Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange EQS News ID: 1102373   End of Announcement DGAP News Service

1102373  27-Jul-2020 CET/CEST

@ dgap.de