Brief: hGears FY Adj. EBITDA At EUR 22.9 Mln

hGears AG

30/03/2022 06:38

March 30 (Reuters) - HGEARS AG  HGEA.DE :
    * STRONG COMMERCIAL PERFORMANCE IN FULL-YEAR 2021 PAVES PATH
TOWARDS MID-TERM TARGETS
    * FY REVENUE ROSE 6.9 PERCENT TO 134.9 MILLION EUR
    * FY GROSS PROFIT INCREASED TO EUR 76.4 MILLION, WITH GROSS
MARGIN
AT 56.6%
    * AT EUR 22.9 MILLION, ADJUSTED EBITDA INCREASED 0.9%, WITH
AN
ADJUSTED EBITDA MARGIN OF 17.0%
    * FULL-YEAR 2021 PERFORMANCE IN LINE WITH TRENDS AND
GUIDANCE
OUTLINED AT NINE MONTHS 2021 RESULTS
    * OUTLOOK 2022: MID-TERM TARGETS CONFIRMED AND HIGH
SINGLE-DIGIT
REVENUE GROWTH TARGETED FOR FULL-YEAR 2022

Source text for Eikon:  ID:nEQ14YM0ga 
Further company coverage:  HGEA.DE 

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