|
||||||||||||||||||||||||||||||
2021-05-07 15:45:00 CEST 2021-05-07 15:45:00 CEST REGULATED INFORMATION Gofore Oyj - Inside informationGofore Plc: Gofore Plc's Business Review 1 – 30 April 2021: Growth continued in AprilGOFORE PLC STOCK EXCHANGE RELEASE INSIDE INFORMATION 7 MAY 2021 AT 16.45 EET “Net sales in April amounted to EUR 8.5 million, totalling a growth of more than 30% from the previous year. Our growth strategy has bitten well recently, producing growth both organically and through acquisitions. Our cooperation with the City of Helsinki's Education division deepens. Our experts are strongly involved in the pilot project launched in May, which directs city’s services to the early childhood education division. The aim of the project is to obtain information from families about their possible day care needs, and based on this information to optimise services to suit families when the need for day care arises. The project is a direct continuation of the development of the information system for electronic services that we have previously carried out in the so-called ASTI project. The pilot project will initially last until the end of 2021, after which the further development of the pilot will be decided. The value of the agreement is approximately EUR 0.61 million this year. In April, we announced the share issue of new 1,000,000 shares to eligible international and Finnish institutional investors. As a result of the issue, we raised EUR 19 million to support the execution of the company's growth strategy. A key part of Gofore's growth strategy will continue to be growing through acquisitions, alongside strong organic growth. The six acquisitions we have completed so far have successfully boosted our growth and supported the development of our service offering towards a holistic offering that supports our customers in their digital transformation. The share issue will enable us to continue this effective strategy, in the future also in markets outside Finland. For the share issue, our second target was to make a controlled change to the company's owner base. The arrangement really interested the international investors we were looking for. More than 75% of the shares offered went outside Finland. We believe that the expanded owner base will serve the company's growth well in the future. Also April was an eventful month and we estimate the pace to continue as such. During the beginning of the year, we have succeeded in further increasing the number of our personnel. Billing rate improvement can also further improve performance.” In the Business Reviews, the monthly number of employees and net sales with comparable information is published. The reviews also include other key indicators that further facilitate monitoring of the company's growth strategy and comparisons between different periods. Reporting has been supplemented with the Full Time Equivalent (FTE) figure as well as subcontracting FTEs. Additionally, in the monthly Business Reviews for the quarter ending in March and September, the company publishes the Group's EBITA, adjusted EBITA and adjusted EBITA-% as well as corresponding figures for the same period in the previous year.
Unless otherwise stated, the comparison figures in brackets refer to the corresponding period of the previous year. CCEA Oy’s figures have been consolidated with those of the Gofore Group since 1 March 2021. Further enquiries: |
||||||||||||||||||||||||||||||
|