Introduction
The Shelly Group SE has made a remarkably successful start to the year in the first quarter of 2025, slightly exceeding its growth forecasts. This is particularly relevant for investors in the German-speaking region as it indicates a positive business development.
Key Figures for the First Quarter of 2025
- Revenue Growth: In the first quarter of 2025, the Shelly Group achieved a group revenue increase of 28.9% to 26.5 million euros (equivalent to 51.8 million Bulgarian leva). This slightly exceeded expectations and indicates strong growth.
- Market Expansion: In addition to revenue growth, the Shelly Group has also expanded its market presence. It has entered the Polish market, which is considered an important step in a growth market. Adam Krużyński, a renowned industry expert, has been appointed as Country Manager for Poland.
- Capital Market Activities: The Shelly Group has further expanded its capital market activities. This includes the release of a new investor report and an exclusive corporate field trip in Sofia, indicating enhanced communication with investors.
Significance for Investors
This successful start to the year is significant for investors in the German-speaking region as it indicates a solid business strategy and strong growth potential. The expansion into new markets and the increase in capital market activities could lead to a further strengthening of the Shelly Group’s position and potentially contribute to a positive development of the share price.
Outlook
The Shelly Group will publish the unaudited consolidated figures for the first quarter of 2025 on May 14, 2025, which will provide further insights into business development. Investors should keep an eye on this publication to make informed investment decisions.