×

TrustBuddy Forecasts Strong Growth

STOCKHOLM, Sweden, May 13, 2013 (GLOBE NEWSWIRE) -- TrustBuddy will be issuing Q1 on 30th of May 2013, and in advance of the report the following analyst guiding is stated for 2013: TrustBuddy aims to reach a lending turnover of SEK 650 million; more than doubling the 2012 lending turnover of SEK 260 million. Revenues are expected to climb from around SEK 38 million in 2012, to around SEK 90 million, with a positive result (EBITDA) in the reach of SEK 22 million.

For additional information, please contact:

Jens Glasoe, CEO, TrustBuddy International AB (publ)

+47 40 40 47 50, investorcare@trustbuddy.com

http://trustbuddy.com/

http://trustbuddyinternational.com/

About TrustBuddy International AB (publ)

TrustBuddy International AB (publ) is one of the first in the world to focus on arranging loans and capital provision between buddies in Scandinavia in an organised manner. The company is listed at NASDAQ OMX First North in Stockholm. Mangold Fondkommission AB is TrustBuddy International AB (publ):s Certified Adviser and market maker, contact number: +46 8-503 015 50.

Source:TrustBuddy International AB