YOC reports sales of 3.5 million euros for the third quarter of 2020 after 3.4 million euros in the same period of the previous year. On a nine-month basis, the Corona crisis caused a drop in sales from 10.2 million euros to 9.8 million euros, mainly due to a drop in sales in the second quarter of 2020. Based on EBITDA, the Berlin-based company posted a profit of 0.8 million euros after a loss of 0.1 million euros in the same period last year. YOC was able to reduce the bottom line loss from 0.81 million euros to just 0.06 million euros.
“We will emerge stronger from the crisis. In the current fourth quarter, the continuously growing trade via VIS.X will lead us to a further increase in profitability ”, says Dirk-Hilmar Kraus, CEO of YOC AG. For 2020, YOC expects EBITDA between 1.0 million euros and 1.5 million euros – in the previous year it was 0.6 million euros.
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