Buongiorno announced on Friday the results for Q1 2010: consolitated revenues are down 11.5%, but good news comes from EBITDA (up 3%), and net profit (up 109% to 3.2 million)
The loss in revenues is due to the B2B division which is loosing 33% compared to Q1 2010. B2C is growing by 9.5%
As you can see, the most impacted region was Spain (mostly in the b2b segment) and UK, probably loosing a lot of the impact of the Itouch brand (which was acquired back in 2007)
1 | admin
For those who doesn’t know, Buongiorno is a Digital content company from Italy, quoted on the Techstar segment in Milan, Italy.
The company was founded in 1995 as a Daily newsletter and then switched to digital music, mobile VAS and mobile advertising products
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