11880 Solutions AG Reports Revenue Results for the Year of 2018; Provides Earnings Guidance for the Financial Year of 2019
April 10, 2019 at 02:00 am EDT
11880 Solutions AG reported revenue results for the year of 2018. For the year, revenue increased by 13% to EUR 30.3 million compared to EUR 26.9 million in 2017, which was at the upper end of the annual guidance of EUR 29.1 million to EUR 30.3 million.
The company expects revenue between EUR 40.3 and EUR 47.0 million and EBITDA between EUR 2.0 and EUR 4.0 million for the current 2019 financial year.