| EQS-Ad-hoc: Shelly Group AD / Key word(s): Development of Sales Shelly Group announces preliminary consolidated sales revenues FY 2023 10-Jan-2024 / 11:30 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. Publication of inside information according to Article 17 MAR Shelly Group announces preliminary consolidated sales revenues FY 2023 Sofia / Munich, 10 January 2024 – Shelly Group AD (Ticker: SLYG / ISIN: BG1100003166) (“Shelly Group” / “the Company”), announces 57.2% year-on-year increase in revenue from sales of devices and related services to EUR 74.9 million (BGN 146.5 million) in FY 2023, based on preliminary data. The revenue from sales of Shelly IoT and smart home devices increased by 61.7%, amounting to EUR 73.2 million (BGN 143.2 million). Driven by strong Black Friday and Christmas sales, the consolidated revenue forecast of EUR 72.0 million (BGN 140.8 million) was strongly exceeded. The Company will officially disclose unaudited consolidated financials for FY 2023 on 26 February 2024 after the close of trading. Note: EUR/BGN exchange rate fixed at EUR 1 = BGN 1.95583. For further information, please visit corporate.shelly.com. Investor Relations Contact CROSS ALLIANCE communication GmbH Sven Pauly Phone: +49 (0) 89-1250903-31 Email: sp@crossalliance.de www.crossalliance.de 10-Jan-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com |
| Language: | English |
| Company: | Shelly Group AD |
| 103 Cherny Vrah Bldv | |
| 1407 Sofia | |
| Bulgaria | |
| E-mail: | investors@shelly.com |
| Internet: | www.allterco.com |
| ISIN: | BG1100003166 |
| WKN: | A2DGX9 |
| Listed: | Regulated Market in Frankfurt (Prime Standard) |
| EQS News ID: | 1812031 |
| End of Announcement | EQS News Service |
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1812031 10-Jan-2024 CET/CEST
