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General

Gigaset expects free cash flow at pre-Covid level for 2021

Friday 23 April 2021 | 08:50 CET | News
Gigaset said it expects a slight increase in sales and EBITDA and a positive free cash flow returning to pre-Covid levels in the fiscal year 2021. The company recorded sales of EUR 214.2 million in 2020, a 16.9 percent decrease. The company blamed the measures taken by governments to contain the coronavirus pandemic in Germany and Europe, which led to a decline in sales in all four business units at Gigaset. 

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Categories: General
Companies: Gigaset
Countries: Europe
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