DGAP-News

elumeo SE publishes its Consolidated Financial Statements for 2020: Positive Group result following successful restructuring - Strong new customer growth of +78% in Q4 2020 - Seite 2

The start of the year seamlessly continued the high momentum of the fourth quarter of 2020. In the first quarter of 2021, the elumeo Group continued its strong growth with revenue growth of more than 20% and an expected adjusted result of approximately EUR 1.0 million. For 2021 as a whole, the Group expects revenue growth of more than 10% and a clearly positive adjusted result of up to a mid-single-digit million figure.

The complete Annual Report for 2020 is available for download on the company's website http://www.elumeo.com in the Investor Relations/Financial Reports section.

About elumeo SE:

The elumeo Group, headquartered in Berlin, is the leading European company in the electronic distribution of high-quality gemstone jewelry that is mainly produced in India and Thailand. Through a variety of electronic sales channels (such as TV, the Internet, Smart TV and a smartphone app), the listed company offers its customers primarily coloured gemstone jewelry at attractive prices. Sales are made via direct distribution. For example, the elumeo Group operates home shopping TV channels in Germany and Italy as well as web shops in Germany, the UK, Italy, France, the Netherlands, Spain and Belgium.

Contact:

elumeo SE
Investor Relations
Erkelenzdamm 59/61
10999 Berlin
Germany
Phone: [phone]
Fax: [phone]
e-mail: [e-mail]

Contact:
Dr. Riad Nourallah, managing director (CFO).

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23.04.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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Language:	English
Company:	elumeo SE
	Erkelenzdamm 59/61, Portal 3b
	10999 Berlin
	Germany
Phone:	[phone]
Fax:	[phone]
E-mail:	[e-mail]
Internet:	www.elumeo.com
ISIN:	DE000A11Q059
WKN:	A11Q05
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart
EQS News ID:	1187910