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Shelly Group SE / Key word(s): Preliminary Results/Development of Sales 09-Apr-2025 / 15:15 CET/CEST Publication of inside information according to Article 17 MAR Shelly Group announces preliminary consolidated sales revenues Q1 2025 Sofia / Munich, 9 April 2025 – Shelly Group SE (Ticker: SLYG / ISIN: BG1100003166) (“Shelly Group” / “the Company”), according to preliminary data has achieved an increase in consolidated sales revenues with Shelly devices and related services of around 29% to c. EUR 26.5 million (c. BGN 51.8 million) in Q1 2025 compared to the previous year. In doing so, the Shelly Group significantly exceeded the sales revenue increase of up to 25% projected for Q1 2025. In view of the increasing sales revenues in the United States, but the still low share of US business in Group sales revenues, the Company expects the current customs disputes to have only an insignificant impact on the sales and earnings situation. The Company will officially disclose unaudited consolidated financials for Q1 2025 on 14 May 2025 after the close of trading. Note: EUR/BGN exchange rate fixed at EUR 1 = BGN 1.95583. For further information, please visit corporate.shelly.com. Investor Relations Contact CROSS ALLIANCE communication GmbH End of Inside Information 09-Apr-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | Shelly Group SE |
| 51 Cherny Vrah Bldv., Office building 3, Floor 2 and 3 | |
| 1407 Sofia | |
| Bulgaria | |
| E-mail: | investors@shelly.com |
| Internet: | www.corporate.shelly.com |
| ISIN: | BG1100003166 |
| WKN: | A2DGX9 |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Munich, Stuttgart |
| EQS News ID: | 2114404 |
| End of Announcement | EQS News Service |
