40% higher preliminary EBITDA margin q-o-q in Q3’15 reported Sirma Group Holding CFO Radka Peneva during an online meeting with potential individual investors on 12 October 2015. This webinar was the first step of the kind on the local stock market. BGN 22 mln. revenue and BGN 6.5 mln. EBITDA for Q3 2015 was also revealed as preliminary information during the investors’ talk.
Sirma Group Holding exceeding expectations
Sirma Group Holding resulted with 29.55% EBITDA margin for Q3 2015, which is 850 bps higher than Q2 financial results and exceeds expectations.
“The results vary in the different earnings seasons due to the specifics of the businesses within the Group”, noted CEO Tsvetan Alexiev. He explained usually the weakest time of the year is Q1, and Q4 is the strongest quarter for the company both on the top and bottom line.
Retail investors’ interest
Lots of individual investors registered to participate in the webinar with the largest Bulgarian IT company – Sirma Group Holding’ senior management, to hear from the people who started the company 23 ago what is the vision and the forecasts. A rare considerable retail interest was reported after 90% of the registered participants actually were online and asking lots of questions.
Subscripion for Sirma Group Holding shares continues till 15 October. On 16 October ELANA Trading, the IPO manager, and the company will announce the IPO results and price per share. IPO price range is EUR 0.61-0.84 per share.
To subscribe shares in Sirma Group IPO:
Call/write ELANA Trading brokers at +359 2 81 000 25/26, firstname.lastname@example.org