MTD investor update September 23, 2021
Now that the Tokyo Olympics are behind us, we would like to give you an update on the latest
developments.
Annual figures 2020
We have reported the 2020 annual figures of MTD Holding BV to NPEX. As already announced in the half-yearly report, the figures are not positive due to Covid-19. For 2020 we arrive at a turnover of approximately € 7,6 million. The negative operating result (EBITDA) amounts to € 2,9 million.
Results and developments in 2021
We cannot ignore the fact that the 19 result was not good due to the Covid-2020 crisis. It is all the more important to look ahead to the future. We can say that despite everything, we managed to get through the crisis well. The Olympic Games were delivered well by MTD and resulted in good turnover and results. The total turnover achieved by the MTD Group up to and including August 31, 2021 is € 14,4 million. The operating result (EBITDA) amounts to €31 million until August 2021, 5,7. In other words, the operating result amounts to 39,6% of turnover.
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