Innofactor refines its estimate for the year 2012

30.11.2012 00:00

Innofactor Plc Stock Exchange Release November 30, 2012, at 9:00 a.m. Finnish time

Innofactor returns to the previous practice on announcing forecasts about the future (the estimate of revenue and EBITDA), because the company’s visibility to the year 2012 has sufficiently improved. At the present there are no planned acquisitions that would have an effect on the year 2012. The company has published on its website a press release on November 30, 2012 at 8:30 a.m. about an acquisition of Tietotalo Infocenter Ltd’s Microsoft Project -based business focusing on project and project portfolio management systems.

Innofactor’s net sales for the year 2012 are estimated to be approximately EUR 19 million (2011: EUR 17,205 thousand). Operating profit before depreciation and amortization (EBITDA) in 2012 is estimated to be approximately EUR 1 million (2011: EUR 1,443 thousand).

Innofactor has previously estimated that there are notable uncertainties related to the outlook for 2012 due to the instability of the global financial situation, and therefore no detailed estimate of the outlook for the year 2012 have not been able to provide. In 2012, Innofactor’s organic growth was expected to continue (2011: EUR 17,205 thousand) and profitability of the business to remain positive.

Innofactor will present an evaluation of the outlook for the year 2013 in connection with the company’s Financial Statements 2012 on February 26, 2013.

INNOFACTOR PLC

Board of Directors

Further information:

Sami Ensio, CEO
Innofactor Plc
Tel. +358 50 584 2029




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