Qt Group Oyj
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Qt Group Plc released a stock exchange notification on August 14, 2024, detailing a transaction involving Double Trade Oy, a legal entity associated with Matti Heikkonen, a member of the Board of Qt Group Oyj. The transaction, which took place on August 12, 2024, at NASDAQ Helsinki, involved the disposal of 1,000 shares at a volume-weighted average price of 90.75 EUR per share. For further information, Mika Pälsi, General Counsel, can be contacted. The information is distributed to Nasdaq Helsinki and key media outlets.
On August 13, 2024, Qt Group Plc announced a stock exchange release detailing managers' transactions. Juhapekka Niemi, a senior manager at Qt Group, reported the disposal of shares on August 9, 2024, at Nasdaq Helsinki. The transactions involved multiple volumes and unit prices, resulting in two aggregated transactions: one with a total volume of 12,301 shares at a volume-weighted average price of 91.15569 EUR, and another with a total volume of 7,000 shares at a volume-weighted average price of 90.37519 EUR. Further information can be obtained from Mika Pälsi, General Counsel.
Qt Group Plc released a stock exchange notice on August 12, 2024, at 1:00 PM EEST regarding a manager's transaction. The notification pertains to Mika Pälsi, a senior manager at Qt Group Oyj. The transaction was initially notified under reference number 73936/5/4. On August 9, 2024, Pälsi disposed of 900 shares on NASDAQ Helsinki Ltd, with each share priced at 87.45 EUR. The aggregated transaction details indicate a volume-weighted average price of 87.45 EUR. For further information, Mika Pälsi, General Counsel, can be contacted. The notice is distributed via Nasdaq Helsinki and key media, and more details are available on www.qt.io.
Qt Group Plc's Half-Year Report for January-June 2024 highlights significant growth in net sales and operating profits. For April-June 2024, net sales increased by 22.7% to EUR 53.3 million, with an operating profit (EBITA) of EUR 18.5 million, representing 34.7% of net sales. The earnings per share were EUR 0.53. For January-June 2024, net sales grew by 17.9% to EUR 98.4 million, with an operating profit (EBITA) of EUR 29.5 million, or 30% of net sales, and earnings per share of EUR 0.83. The second quarter saw strong sales of developer licenses and a significant new license deal in North America. Geographic growth was robust in Asia and America, but Europe faced challenges. Qt Group announced partnerships with Qualcomm Technologies and LG Electronics, aiming to enhance IoT device development and automotive content platforms. Despite challenges in Europe, Qt Group expects to accelerate growth in the second half of 2024, maintaining its full-year guidance of a 20-30% increase in net sales and an operating profit margin (EBITA %) of 25-35%. An English-language news conference will be held on August 8, 2024, to present the results. Further information is available through CEO Juha Varelius and on the company's website.
The Qt Group Plc will release its Half-Year Report for January 1 – June 30, 2024, on Thursday, August 8, 2024, at approximately 8:00 am EEST. The report will be available on their website. A news conference will be held on the same day from 11:00 am to 12:00 pm EEST in Helsinki and via live webcast. CEO Juha Varelius and CFO Jouni Lintunen will present the results. An on-demand recording will be accessible later. Questions can be asked via conference call, with registration required through a provided link. Limited in-person attendance is available at Sanomatalo, with advance sign-up needed by August 6, 2024. Qt Group is a global software company with over 1.5 million developers and customers in more than 70 industries across 180 countries. They employ around 800 people, with net sales of 180.7 MEUR in 2023.