Published: 2019-05-28 08:59:14 CEST
HansaMatrix
Inside information

HansaMatrix updates revenue and margin guidance

Riga, 2019-05-28 08:59 CEST -- The Company has previosly issued and confirms forecast of consolidated revenue for 2020:

  • revenue by year 2020: 30 million EUR
  • EBITDA margin by year 2020: between 12 to 15%

HansaMatrix now announces new forecast of consolidated revenue for 2022:

  • revenue by year 2022: 40 million EUR
  • EBITDA margin by year 2022: between 12 to 15%

Please see the definitions of alternative performance indicators (APIs) used in this news release on page 27 of the HansaMatrix Unaudited Interim Condensed Consolidated Financial Statements for the 3 month period ended March 31, 2019:

https://www.nasdaqbaltic.com/market/upload/reports/hmx/2019_q1_en_eur_con_ias.pdf

Investor and media contact:

Māris Macijevskis, CFA
Member of the Management Board, finance director
Phone: (+371) 6780 0002
E-mail: invest@hansamatrix.com

http://www.hansamatrix.com

About HansaMatrix

HansaMatrix is a fast-growing, high-technology company offering product design, industrialization and complete manufacturing services in data networking, Internet of Things, industrial segments and other services to high added value business segments. In addition to complete manufacturing services of OEM products, the company offers an ODM business model to both start-up and established companies that seek product development partnerships.