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Eezy Plc’s Financial Statements Bulletin 2020: Good operational profitability, synergy goals achieved

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EEZY PLC  —  FINANCIAL STATEMENTS BULLETIN  —  18 FEBRUARY 2021 AT 8:00Eezy Plc’s Financial Statements Bulletin 2020: Good operational profitability, synergy goals achievedOctober–December 2020Revenue was EUR 43.4 million (EUR 65.6 million in October–December 2019).EBITDA was EUR 3.4 million (4.2).EBIT was EUR 1.5 million (2.3).Adjusted EBITDA was EUR 3.7 million (4.8).Adjusted EBIT was EUR 1.8 million (2.9).Earnings per share was EUR 0.02 (0.05).Deepening corona situation decreased business volume.January–December 2020Revenue was EUR 190.6 million (EUR 169.8 million in January–December 2019).EBITDA was EUR 13.5 million (12.6).EBIT was EUR 5.6 million (8.0).Adjusted EBITDA was EUR 14.3 million (16.4).Adjusted EBIT was EUR 6.9 million (11.8).Earnings per share was EUR 0.11 (0.25).Corona crisis has affected the business negatively.DividendBoard of Directors proposes a dividend of EUR 0.10 per share and to seek authorization for the Board to later decide on a dividend of max. EUR 0.05 per share.Outlook for 2021Eezy does not give guidance for year 2021. The goal is to give guidance during the first year-half.Key figures (IFRS)
CEO Sami Asikainen:Great performance in difficult conditions“During year 2020 both Eezy and our customers were tested. The corona pandemic early in the year quickly changed the world and our business conditions, and the situation remained challenging for the whole year. However, the year was not only about difficulties, but it will also be remembered for creating the foundation of the new Eezy, a quick accommodation to Corona and a successful defensive victory. We have reached the development goals set for year 2020 and we start year 2021 from a good position to again seek growth in the post-Corona world.Fourth quarter profitability improved despite decreased volume

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