Frankfurt on the Main – March 16, 2020 – Northern Data AG (XETRA: NB2, ISIN: DE000A0SMU87) announces revenues and earnings forecast for the current financial year. Here, the combined business areas of Northern Data AG and Whinstone US, Inc. become relevant for the first time, as Whinstone US, Inc. is now being consolidated as a result of the successful merger. Based on current expectations and contracts already concluded, the Management Board anticipates revenues of EUR 120 million to EUR 140 million for the financial year 2020. Accordingly, the Management Board expects earnings before interest, taxes, depreciation and amortization (EBITDA) of between EUR 45 million and EUR 60 million.
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