Shelly Group SE - Earnings Release 2022

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

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**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.

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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