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ALLTERCO JSCO EQS-Adhoc: Allterco JSCo confirms raised guidance at upper end of range after successful Black Friday

Transparency directive : regulatory news

05/12/2022 08:30

EQS-Ad-hoc: Allterco JSCo / Key word(s): Development of Sales/Forecast
Allterco JSCo confirms raised guidance at upper end of range after successful Black Friday

05-Dec-2022 / 08:30 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Allterco JSCo confirms raised guidance at upper end of range after successful Black Friday

Sofia / Munich, 5 December 2022 –
Allterco JSCo (ticker A4L / ISIN: BG1100003166) ("Allterco"), an international provider of IoT and smart home solutions, recorded an increase in Black Friday sales with more than half a million home automation devices sold for a total of over EUR 6.8 million (BGN 13.2 million), equaling a growth of 44% compared to the previous year. With the successful Black Friday sales, the Company confirms the raised forecast at the upper end of the range with revenues of EUR 45-46 million and EBIT of EUR 10-10.5 million for FY22.

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CROSS ALLIANCE communication GmbH
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05-Dec-2022 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: Allterco JSCo
103 Cherny Vrah Bldv
1407 Sofia
Bulgaria
E-mail: s.iliev@allterco.com
Internet: www.allterco.com
ISIN: BG1100003166
WKN: A2DGX9
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin
EQS News ID: 1504473

 
End of Announcement EQS News Service

1504473  05-Dec-2022 CET/CEST

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