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HansaMatrix Earnings Release 2020

Aug 31, 2017

2239_rns_2017-08-31_80a22a8a-5b40-4497-a69c-cc30dd974261.html

Earnings Release

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AS HansaMatrix issues new 3 year revenue and margin guidance.

The Company has already provided investors and its shareholders guidance on revenues for the period up to year 2018, forecasting growth of revenue to reach 20 million EUR by year 2018. As time approaches this guidance confidently remains intact.

The Company now announces its estimate of gross revenues for the next 3 year period:

  • revenue by year 2020:                       30 million EUR
  • EBITDA margin by year 2020:           between 12 to 15%

Investor and media contact:

Zanda Lapāne

Assistant to the CEO

Phone: (+371) 6780 0002

e-mail:[email protected]

http://www.hansamatrix.com

About AS HansaMatrix

HansaMatrix is a fast-growing, high-technology company offering product design, industrialization and complete manufacturing services in data networking, Internet of Things, industrial segments and other services to high added value business segments. In addition to complete manufacturing services of OEM products, the company offers an ODM business model to both start-up and established companies that seek product development partnerships