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SHOP APOTHEKE EUROPE Exceeds Repeatedly Raised Sales and Earnings Guidance for 2020 after Strong Fourth Quarter.


Nachricht vom 03.03.2021 | 07:00
SHOP APOTHEKE EUROPE Exceeds Repeatedly Raised Sales and Earnings Guidance for 2020 after Strong Fourth Quarter.
DGAP-News: SHOP APOTHEKE EUROPE N.V.
/ Key word(s): Annual Results/Forecast
03.03.2021 / 07:00
The issuer is solely responsible for the content of this announcement.
SHOP APOTHEKE EUROPE Exceeds Repeatedly Raised Sales and Earnings Guidance for 2020 after Strong Fourth Quarter.
Full-year sales grew by 38.1% to EUR 968 million at group level.
DACH segment sales +32.5%, International segment +78.4%.
Break-even achieved: Adj. EBITDA margin improved by 4.1 percentage points from -1.9% in 2019 to 2.2% in 2020.
Financial position significantly improved: Positive cash flow from operating business (EUR +17.8 million after EUR -30.7 million in 2019) and substantially lower financing costs going forward. ....

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