MailUp Group (MAIL) announced +65% increase in Q2 sales

Consolidated unaudited gross sales recorded a +65% growth in Q2 2019 (15.7M EUR) vs Q2 2018 (9.5M EUR)

Milan, July 10, 2019. MailUp S.p.A. (MAIL) (the “Company” or “MailUp Group”), MailUp S.p.A. (the “Company” or “MailUp”), a company admitted to trading on the multilateral trading facility AIM Italia / Alternative Investment Market and operating in the cloud marketing technology field, has announced today the quarterly results (Q2 2019) related to gross sales at both group and business unit level.
Consolidated unaudited gross sales recorded a +65% growth in Q2 2019 (15.7M EUR) vs Q2 2018 (9.5M EUR), of which +60% due to organic growth, thanks to the positive performance of both the Group’s main business units and the first satisfactory contribution of the newly acquired Datatrics business unit, active in the predictive marketing field.
The business unit which recorded the largest Q2 sales is Agile Telecom, with 10.3M EUR sales, up 94% over the same period of the previous year, mainly due to an increase in sales with the top clients.
The business unit which recorded the highest growth rate is BEE, with 0.7M EUR sales, up 106% over the same period of the previous year, thanks to a combined increase in both number of clients and revenue per client.
The newly acquired Datatrics business unit posted sales of 0.5M EUR, for which a comparison is not available on the same period of the previous year, since it was first consolidated at P&L level starting from January 2019. Datatrics’ sales grew 29% over Q1 2019.