Innofactor specifies its year 2019 EBITDA future outlook

04.06.2019 09:30 EEST (UTC +3)

Innofactor Plc Inside Information, released on June 4, 2019, at 9:30 Finnish time

Innofactor specifies its year 2019 future outlook to hear out as follows: Innofactor's net sales are estimated to increase from 2018, during which the net sales were EUR 63.1 million and operating margin (EBITDA) is estimated to grow up to EUR 4.0–6.0 million, while in 2018 the operating margin (EBITDA) was EUR -1.0 million.

In accordance with Innofactor's previous future outlook, Innofactor's net sales and operating margin (EBITDA) in 2019 were estimated to increase from 2018, during which the net sales were EUR 63.1 million and operating margin was EUR -1.0 million.

 

Espoo, June 4, 2019

INNOFACTOR PLC

Board of Directors

 

Additional information:
Sami Ensio, CEO
Innofactor Plc
Tel. +358 50 584 2029
sami.ensio@innofactor.com

Distribution:
NASDAQ Helsinki
Main media
www.innofactor.com

Innofactor
Innofactor is the leading driver of the modern digital organization in the Nordic Countries for its over 1,500 customers in commercial, public and third sector. Innofactor has the widest solution offering and leading know-how in the Microsoft ecosystem in the Nordics. Innofactor has approximately 600 enthusiastic and motivated top specialists in Finland, Sweden, Denmark and Norway. In 2014–2018, the annual growth of Innofactor's net sales has been approximately over 14%. The Innofactor Plc share is listed in the technology section of the main list of NASDAQ Helsinki Oy. www.innofactor.com #ModernDigitalOrganization