Netfonds AG Announces Consolidated Earnings Results for the Six Months Ended June 30, 2018; Provides Earnings Guidance for the Full Year of 2018
For the full year 2018, the Management Board of the company expects gross consolidated revenues of between EUR 92 million and 97 million (2017: EUR 86.0 million) and net consolidated revenues of between EUR 19 million and 20 million (2017: EUR 17.1 million). EUR). The EBITDA(adjusted for extraordinary IT investments) is expected in the range of EUR 2.5 million to 3.0 million. Total one-off IT expenses are expected at around EUR 1.5 million for the current fiscal year.