The LUMIBIRD Group announced unaudited consolidated revenue results for the third quarter and nine months of 2019. For the quarter, the company reported revenue was €24.8 million against €23.2 million a year ago.

For the nine months, the company reported revenue was €76.5 million against €65.5 million a year ago.

The 2019 fourth quarter historically benefits from a strong seasonality effect, which is once again expected to have a positive impact this year on business for the current quarter.

Considering the outlook for development over the short and medium term, Lumibird is able to confirm its strategic targets for 2021, with revenues of €150 million (excluding external growth).