Comment on 1H2022 Results

On Thursday 8 September 2022, the Growens top Management held the traditional conference call to walk investors through the half-year report as of 30 June 2022, approved by the Board of Directors.

Under the moderation of the Executive Director & Investor Relations Officer Micaela Capelli, the CEO Nazzareno Gorni and the Chairman & CFO Matteo Monfredini analyzed the recent business results, which were followed by a question and answer session.

“The first half of 2022 shows sound top-line recovery, whereas costs are affected by the SMS component (COGS), BEE (S&M) and acquisition related costs (SG&A), only partially offset by the incremental performance brought on by Contactlab’s integration, starting from 1 May 2022 according to IFRS accounting principles.” Matteo Monfredini, Chairman and founder of Growens.

The conference call recording can be watched here.

You can also read the full press statement at this page.

In case of any questions or inquiries, feel free to email investor.relations@growens.io at any time.