PANTAFLIX AG Announces Earnings Results for the Year 2020
June 24, 2021 at 02:00 am EDT
PANTAFLIX AG announced earnings results for the year 2020. The company's revenue of EUR 7.8 million was significantly below that of the previous year (2019: EUR 28.7 million). The early adaptation of the new environment provided noticeable relief on the earnings side. Thus, earnings before interest and taxes improved to EUR -7.1 million after EUR -8.6 million in the previous year, despite the pandemic-related decline in turnover.