Unifiedpost Group SA (DE:60Z) has released an update.
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Unifiedpost Group SA reports a 12.8% year-over-year growth in digital services revenue, excluding recent divestments, and a customer base expansion to over 1.3 million businesses for the first half of 2024. The company has strategically divested assets including 21 Grams, FitekIN, and ONEA, and has also entered into a lucrative agreement with Your.World BV for its Wholesale Identity Access business, projecting a stronger financial stance. Despite ongoing portfolio rationalization, the company aims for a free cash flow break-even by end of 2025, underpinned by a solid growth in core digital services.
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