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

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
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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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05-Dec-2022 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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