As communicated earlier pro forma EBITDA for 2019 will be in the area of 165m. Full 2019 figures will be released on 27 February 2020. Melin Group expects EBITDA for 2020 in the range of 200-240m, excluding effects from new debt collection law. EBITDA growth from 2019 to 2020 is mainly driven by a shift from postage to electronic communication channels (SMS, Digipost and mobile payment), improved organizational efficiencies and further roll-out into the Swedish market. ENDS
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