Digital Bros S.p.A. Provides Group Earnings Guidance for the Second Half of Fiscal 2020
Digital Bros S.p.A. provided Group earnings guidance for the second half of fiscal 2020. The Group forecasts strong growth in the second half of the fiscal year together with a significant improvement in all financial margins, particularly in the fourth quarter. The increasing portion of revenue coming from digital distribution will considerably improve operating margins and have a lower impact on working capital than retail revenue.