Business
Meet Australia’s 32-year-old billionaire – Yahoo Finance Australia
Australia’s 200 richest people saw their wealth climb 24 per cent in the last year.
Amsterdam, 30 October 2020 Key points Q3 2020 * EBIT showed strong increase to EUR 10 million as costs savings (24%) exceeded gross profit decline (-15%) * Continued cost savings and operational discipline prove agility and adaptability of business model * Revenue down 16% yoy excluding fx impact * Strong cash flow generation leads to cash position of EUR 130 million Key points YTD 2020 * EBIT of EUR 19 million * Revenue decrease ongoing business 7% (yoy) to EUR 690 million * Continued strong free…
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