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GROWENS PRICE SENSITIVE PRESS RELEASE The Board of Directors examined certain financial data concerning the third quarter of 2021 and 9 - month period ended September 30 , 2021 Sales + 6.8 % at 51.1 mln EUR Gross Profit + 14.1 % at 17.6 mln EUR EBITDA + 1.0 % at 3.6 mln EUR Milan , 9 November , 2021 - Growens S.p.A. - former MailUp S.p.A. , ticker GROW ( the " Company " or the " Issuer " or " Growens " ) , a company admitted to trading on the multilateral trading facility Euronext Growth Milan and operating in the cloud marketing technology field , announces that today the Board of Directors examined certain consolidated financial data concerning the third quarter of 2021 and 9 - month period ended September 30 , 2021 . Consolidated figures show a + 6.8 % growth for 9m 2021 sales at 51.1M EUR vs. 47.9M EUR in the same period of 2020 ; and + 1 % for 9m 2021 EBITDA at 3.6M EUR vs. 3.5M EUR in the first nine months of 2020 . " The results of Q3 2021 confirm the resilience of our business notwithstanding the historical seasonality due to summer months , especially thanks to the contribution of the SaaS component . " Matteo Monfredini , Chairman and founder of Growens " The first nine months of 2021 confirm our strategy , dedicated to efficiently executing organic and external growth . From the organic growth standpoint , the reinforcement of topline management at MailUp , BEE and Datatrics is bringing forward the expected results . The US - based Business Unit BEE stands out as the highest - potential , suited - to - success venture : an expert and motivated team , a huge potential market related to the democratization of design and a global leadership competitive position . Investments on internationalization , through indirect channels , for Datatrics and MailUp are expected to bring returns in the coming year . From the M & A standpoint , we are currently assessing several opportunities , aiming at integrating a significant - sized SaaS company . " Nazzareno Gorni , CEO and founder of Growens 1