Innofactor

Innofactor's net sales decreased and was slightly below expectations in Q2 driven by weak billable utilization. This pushed the result clearly below estimates in Q2 and we expect this will also burden H2 and the company will not reach its guidance. Positive...

Innofactor's turnaround progressed convincingly for a couple of years, driven by a strong Finnish business. Last year, earnings growth stopped and now the company seeks return to growth. Innofactor revised its organizational structure last year and refined...

The Q1 earnings period of the Finnish IT service sector was good across the line, despite the headwinds in the talent market. The sector's customer demand remained good and organic growth that we monitor particularly closely was 7% (median), which now...

Net sales fell and remained slightly below expectations, but the result was in line with expectations. A positive highlight of the report was that after a long while the number of personnel turned to growth. Personnel development together with a good...

The Q4 earnings period was good for the Finnish IT services sector despite the headwinds caused by the challenging expert market. Customer demand in the market remained good and the average revenue growth of the companies we followed was 17% (Q3’21: ...

Although the company's result still grew, it was below our estimates. The order backlog and improved cost structure still support earnings growth, which the company's guidance also expects as usual. However, the tight expert market and Swedish business...

Innofactor’s earnings turnaround has progressed convincingly for more than two years and brought forth the strong earnings potential of the company’s Finnish business. The Finnish business is already close to the long-term 20% growth and 20% EBITDA target...

Innofactor's CEO Sami Ensio comments key points of Q1'2019 and outlook for 2019 - profitability and orders increased compared to 2018. Innofactor’s future outlook for 2019: Innofactor’s net sales and operating margin (EBITDA) in 2019 is estimated to ...

Innofactor's CEO Sami Ensio comments key points of Q4 and the entire year 2018 and outlook for 2019. 00:09 Year 201801:25 What measures you took last year to fix the situation and what kind of an impact you expect it to have on 2019?03:40 Outlook for...