Published: 2020-08-25 15:42:18 CEST
Other information disclosed according to the rules of the Exchange

HansaMatrix updates revenue guidance

Riga, 2020-08-25 15:42 CEST -- Considering the current developments regarding COVID-19 spread globally and in the Baltic states, HansaMatrix changes and announces the new forecasted amount of consolidated revenue for 2020 to reach a range from 23 to 24 million EUR.

Taking into account the increased business environment uncertainty due to COVID-19 situation, HansaMatrix currently can only provide short term revenue guidance.

Investor and media contact:

Māris Macijevskis, CFA
Member of the Management Board, finance director
Phone: (+371) 6780 0002

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.