MENDARION SE EQS-News: 029 Group SE: Publication of the Half-year 2023 Report
Transparency directive : regulatory news
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EQS-News: 029 Group SE
/ Key word(s): Half Year Report
Berlin, 4th October 2023. 029 Group SE (ISIN: DE000A2LQ2D0), a global hospitality and lifestyle platform, published its Half-Year 2023 Report. Despite challenging macroeconomic headwinds, 029 Group SE generally saw a solid operating performance from the majority of its portfolio companies: Limestone Capital achieved remarkable revenue growth and important milestones. Emerald Stay successfully secured funding for portfolio expansion and entered the ultra-luxury segment, expanding its market presence. TRIP emerged as the fastest-growing brand in the UK's CBD drinks market, gaining a substantial market share. Overall, 029 Group SE maintains its positive outlook despite the dynamic nature of funding markets and reaffirms its full-year forecast. The 2023 half-year report can be accessed via our website here: https://www.029-group.com/investor-relations
029 Group SE believes that the next generation of consumer brands will be built on connection, experiences, and community. In a post-pandemic world, new patterns of work, life and leisure are emerging and accelerating. These trends create opportunities in hospitality and lifestyle for innovation-driven entrepreneurship with a strong community focus. 029 Group backs the most audacious entrepreneurs with a hands-on investment approach, focusing on areas where they can add significant value through their platform, global network and company building expertise. 029 Group is based in Berlin, Germany. Further Information: https://www.029-group.com/
029 Group SE
04.10.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
| Language: | English |
| Company: | 029 Group SE |
| Neue Schönhauserstraße 3-5 | |
| 10178 Berlin | |
| Germany | |
| E-mail: | ir@029-group.com |
| Internet: | www.029-group.com |
| ISIN: | DE000A2LQ2D0 |
| WKN: | A2LQ2D |
| Listed: | Regulated Market in Dusseldorf, Munich |
| EQS News ID: | 1741341 |
| End of News | EQS News Service |
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1741341 04.10.2023 CET/CEST