Nagarro SE Announces Unaudited Earnings Results for the Fiscal Year 2020
March 22, 2021 at 06:21 am EDT
Nagarro SE announced unaudited earnings results for the fiscal year 2020. Revenue of about EUR 430.4 million (previous year: EUR 402.4 million). EBIT of about EUR 44.5 million (previous year: EUR 42.4 million).
Revenue of Nagarro SE, shown as held for spin-off operations, increased by 9% to EUR 321 million against EUR 296 million a year ago. EBIT increased by 51% to EUR 37.6 million against EUR 24.9 million a year ago.
In Nagarro SE's held for spin-off operations, revenue in the third quarter of 2020 was EUR 105.4 million, which corresponds to the third quarter of the previous year of EUR 105.2 million.