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General

Kudelski sees EBITDA exceeding outlook expectations in 2020

Friday 22 January 2021 | 09:28 CET | News
Kudelski Group said that, based on its preliminary results, its EBITDA for the fiscal year 2020 exceeded the initial outlook of USD 45 to USD 55 million. Kudelski saw the Digital TV business performing above expectations in the second half of last year, supported by robust recurring business, cost reductions and a positive one-off pension accounting effect. The European Digital TV business overperformed, too, based on the initial outlook, with a strong momentum in Q4. The group added new customers to the analytics business. 

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Categories: General
Companies: Kudelski Group / Skidata
Countries: Switzerland / World
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