Avast plc Third Quarter Trading Update

Avast plc Third Quarter Trading Update

LONDON, Oct. 21, 2020 /PRNewswire/ -- Avast plc, together with its subsidiaries ('Avast' or 'the Group'), a leading global cybersecurity provider, issues the following scheduled trading update for the third quarter of its current financial year, comprising the period from 1 July 2020 to 30 September 2020.


For the third quarter, Adjusted Revenue of $226.0m was up by 8.6% on an organic basis1, and 2.6% at actual rates. For the year to date, Adjusted Revenue of $659.1m was up by 7.3% on an organic basis, and 1.9% at actual rates.


Financial Summary






($'m)




Q3 2020




Q3 2019




Change
%




Change %
(excluding
FX)2




Adjusted Revenue




226.0




220.3




2.6




3.5




Adjusted Revenue excl. Acquisitions, Disposals and Discontinued Business3




225.1




209.2




7.6




8.6




($'m)




9M 2020




9M 2019




Change
%




Change %
(excluding
FX)




Adjusted Revenue




659.1




647.1




1.9




2.5




Adjusted Revenue excl. Acquisitions, Disposals and Discontinued Business3,4




654.8




613.9




6.7




avast third quarter trading update