Ferratum Oyj: Ferratum publishes revenue and margin guidance for 2018

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DGAP-News: Ferratum Oyj / Schlagwort(e): Prognose
Ferratum Oyj: Ferratum publishes revenue and margin guidance for 2018

10.01.2018 / 07:30
Für den Inhalt der Mitteilung ist der Emittent verantwortlich.

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Ferratum publishes revenue and margin guidance for 2018

Helsinki, 10 January 2018 - The Board of Directors of Ferratum Oyj (ISIN:
FI4000106299, WKN: A1W9NS) is pleased to publish its expectations concerning
Ferratum Group's further business development and performance for the 2018
fiscal year.

The Board estimates revenues for the fiscal year 2018 will range between EUR
280 million and EUR 310 million, with the operating profit margin (EBIT
margin) expected to be within the range of 13% and 16%.

Ferratum Oyj bases this guidance on certain assumptions, including:

- Consumer credit volumes continue to grow, exceeding the market average,
based on new customers, continued diversification of consumer lending
products and growth in new markets

- Moderate expectations on the 2018 contribution of new revenue streams from
partnerships, mobile bank innovations

- Ferratum Business (SME) continues to grow as market share in the 6
existing markets is small and expected to increase. Ferratum also plans to
introduce Ferratum Business in additional markets

- Ferratum Mobile Bank is to be introduced in additional countries and will
generate new customers, increased customer loyalty, cross-selling
opportunities, increased deposit volume and diversified deposit currencies

- No material negative changes in the consumer and business credit markets

- Stable capital market conditions

- No unexpected significant new regulatory challenges or changes

- The application of IFRS 9, which is effective from 1 January 2018 will
have no material impact on credit losses in the Group's Consolidated Income
Statement

Disclaimer

All of the estimates presented herein are based on the Group's current
opinion. The information presented above may include forward-looking
statements. These statements are not a guarantee of the development of the
Group's result of operations and financial position in the future, and the
Group's actual result of operations and financial position could differ
significantly from any information expressly or indirectly presented in
forward-looking statements due to numerous factors. Investors are advised to
take a qualified view of the aforementioned statements.


About Ferratum Group:

Ferratum Group is an international provider of mobile banking and digital
consumer and small business loans, distributed and managed by mobile
devices. Founded in 2005 and headquartered in Helsinki, Finland, Ferratum
has expanded rapidly to operate in 25 countries across Europe, Afrika, South
and North America and the Asia-Pacific region.

As a pioneer in digital and mobile financial services technology, Ferratum
is at the forefront of the digital banking revolution. Ferratum Mobile Bank,
launched in 2016, is an innovative mobile banking platform offering a range
of banking services, including real time digital payments and transfers,
within a single app. It is currently available in five European markets. Led
by its founder, Jorma Jokela, Ferratum has approximately 1.8 million active
and former customers who have been granted one or more loans in the past (as
at 30 September 2017).

Ferratum Group is listed on the Prime Standard of Frankfurt Stock Exchange
under symbol 'FRU.' For more information, visit www.ferratumgroup.com.

Contacts:

   Ferratum Group Paul             Media enquiries: Smithfield, A Daniel J
   Wasastjerna Head of Investor    Edelman Company Alex Simmons | Brett
   Relations T: +358 40 7248247    Jacobs T: +44 20 3047 2543 | +44 20
   F: +358 20 741 1614 E:          3047 2537 E:
   paul.wasastjerna@ferratum.      asimmons@smithfieldgroup.com E:
   com                             bjacobs@smithfieldgroup.com


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10.01.2018 Veröffentlichung einer Corporate News/Finanznachricht,
übermittelt durch DGAP - ein Service der EQS Group AG.
Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich.

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Corporate News/Finanznachrichten und Pressemitteilungen.
Medienarchiv unter http://www.dgap.de

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   Sprache:        Deutsch
   Unternehmen:    Ferratum Oyj
                   Ratamestarinkatu 11 A
                   00520 Helsinki
                   Finnland
   Internet:       https://www.ferratumgroup.com
   ISIN:           FI4000106299
   WKN:            A1W9NS
   Börsen:         Regulierter Markt in Frankfurt (Prime Standard);
                   Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,
                   München, Stuttgart, Tradegate Exchange



   Ende der Mitteilung    DGAP News-Service
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643827 10.01.2018

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