Ad-hoc | 9 April 2025 15:15

Shelly Group announces preliminary consolidated sales revenues Q1 2025

Shelly Group SE / Key word(s): Preliminary Results/Development of Sales
Shelly Group announces preliminary consolidated sales revenues Q1 2025

09-Apr-2025 / 15:15 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS Group.
The issuer is solely responsible for the content of this announcement.

Publication of inside information according to Article 17 MAR

Shelly Group announces preliminary consolidated sales revenues Q1 2025

Sofia / Munich, 9 April 2025 – Shelly Group SE (Ticker: SLYG / ISIN: BG1100003166 ) (“ Shelly Group ” / “ the Company ”), according to preliminary data has achieved an increase in consolidated sales revenues with Shelly devices and related services of around 29% to c. EUR 26.5 million (c. BGN 51.8 million) in Q1 2025 compared to the previous year. In doing so, the Shelly Group significantly exceeded the sales revenue increase of up to 25% projected for Q1 2025.

In view of the increasing sales revenues in the United States, but the still low share of US business in Group sales revenues, the Company expects the current customs disputes to have only an insignificant impact on the sales and earnings situation.

The Company will officially disclose unaudited consolidated financials for Q1 2025 on 14 May 2025 after the close of trading.

Note: EUR/BGN exchange rate fixed at EUR 1 = BGN 1.95583.

For further information, please visit corporate.shelly.com .

Investor Relations Contact

CROSS ALLIANCE communication GmbH
Sven Pauly
Phone: +49 (0) 89-1250903-31
Email: sp@crossalliance.de
www.crossalliance.de

End of Inside Information

09-Apr-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language:	English
Company:	Shelly Group SE
	51 Cherny Vrah Bldv., Office building 3, Floor 2 and 3
	1407 Sofia
	Bulgaria
E-mail:	investors@shelly.com
Internet:	www.corporate.shelly.com
ISIN:	BG1100003166
WKN:	A2DGX9
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Munich, Stuttgart
EQS News ID:	2114404

End of Announcement EQS News Service

2114404  09-Apr-2025 CET/CEST