Nov 07, 2019 / 01:00PM GMT
Operator
Good day, and welcome to the New Work SE Analyst Call Quarter 3 Results 2019 Conference Call. Today's conference is being recorded.
At this time, I would like to turn the conference over to Thomas Vollmoeller. Please go ahead, sir.
Thomas Vollmoeller - New Work SE - Chairman of Executive Board & CEO
Hello, and welcome to our Q3 trading update. Today, I will guide you through this conference as Ingo currently enjoys a short 2-month sabbatical and will be back end of December.
Let's kick off with the key messages for today: a, our financial results developed nicely in Q3; b, we observed sound operational performance among our core segments, i.e., our core assets, both in B2C and also in B2B; c, our short- and midterm outlook for 2019 and 2020 remain unchanged.
Now let's get started with a look at our past quarter's core financials. Our group service revenues came in at EUR 68.2 million, a 17% increase over Q3 last year; 15% if you exclude the Honeypot acquisition. At 22%, profitability grew stronger compared to organic top line
Q3 2019 New Work SE Earnings Call Transcript
Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis | |
30-Year Financial on one screen | |
All-in-one Stock Screener with unlimited filters | |
Customizable Stock Dashboard | |
Real Time Insider Trading Transactions | |
8,000+ Institutional investors’ 13F holdings | |
Powerful Excel Add-in and Google sheets Add-on | |
All data downloadable | |
Quick customer support | |
And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot