FY16A was a year of significant growth for Veltyco Group (‘Veltyco’), both from existing brands and from new marketing agreements struck in FY16. The 2H16 was particularly strong, which resulted in the business significantly outperforming our expectations for FY16. Revenue was €6.1m (€4.9m FY16E) and EBITDA was €2.1m (€1.4m FY16E).
25 May 2017
Update: Expect another year of strong growth
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Update: Expect another year of strong growth
B90 Holdings plc (B90:LON) | 3.1 0 0.0% | Mkt Cap: 13.6m
- Published:
25 May 2017 -
Author:
Michael Campbell -
Pages:
16
FY16A was a year of significant growth for Veltyco Group (‘Veltyco’), both from existing brands and from new marketing agreements struck in FY16. The 2H16 was particularly strong, which resulted in the business significantly outperforming our expectations for FY16. Revenue was €6.1m (€4.9m FY16E) and EBITDA was €2.1m (€1.4m FY16E).