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Shelly Group SE

Earnings Release Dec 5, 2022

2562_rns_2022-12-05_c01a9c4d-fbf7-4c0e-b16d-17e3d3529427.html

Earnings Release

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News Details

Ad-hoc | 5 December 2022 08:30

Allterco JSCo confirms raised guidance at upper end of range after successful Black Friday

Allterco JSCo / Key word(s): Development of Sales/Forecast

Allterco JSCo confirms raised guidance at upper end of range after successful Black Friday

05-Dec-2022 / 08:30 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.


**Allterco JSCo confirms raised guidance at upper end of range after successful Black Friday

Sofia / Munich, 5 December 2022 –** Allterco JSCo (ticker A4L / ISIN: BG1100003166) (“Allterco”), an international provider of IoT and smart home solutions, recorded an increase in Black Friday sales with more than half a million home automation devices sold for a total of over EUR 6.8 million (BGN 13.2 million), equaling a growth of 44% compared to the previous year. With the successful Black Friday sales, the Company confirms the raised forecast at the upper end of the range with revenues of EUR 45-46 million and EBIT of EUR 10-10.5 million for FY22.

Contact Investor Relations

CROSS ALLIANCE communication GmbH

Sven Pauly

Phone: +49 89 125 09 0331

Mail: [email protected]

www.crossalliance.de


05-Dec-2022 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

Archive at www.eqs-news.com


Language: English
Company: Allterco JSCo
103 Cherny Vrah Bldv
1407 Sofia
Bulgaria
E-mail: [email protected]
Internet: www.allterco.com
ISIN: BG1100003166
WKN: A2DGX9
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin
EQS News ID: 1504473
End of Announcement EQS News Service

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