Gofore Oyj

Gofore Plc reported net sales of 21.7 million euros for July-August 2024, with August contributing 15.8 million euros and July 5.9 million euros. The last twelve-month pro forma net sales were 188.6 million euros, and the company employed 1,452 people at the end of August. CEO Mikael Nylund highlighted a positive post-summer utilization rate and key projects, including a partnership with Kela for a strategic development program and a frame agreement with the wellbeing services county of Kymenlaakso. Despite some customer savings impacts, new recruitment was strong in August. Adjustments were made in the DACH region due to demand challenges, including closing the Bolzano, Italy office. Key figures for the year showed varying monthly net sales and employee numbers. Gofore will release its next financial report for January-September 2024 on October 24, 2024. Gofore is an international digital transformation consultancy with over 1,400 employees across several countries, aiming to create a sustainable and ethical digital world. The company's shares are listed on Nasdaq Helsinki Ltd.

Gofore Plc released its half-year financial report for January-June 2024 on August 15, 2024. The report indicates that the company's Q2 adjusted EBITA improved to 12.7%, up from the previous year's 11.3%. However, net sales for Q2 2024 were 48.0 million euros, showing no growth compared to 47.6 million euros in Q2 2023. The report includes significant new agreements, key financial figures, profit and loss statements, and market outlooks. CEO Mikael Nylund noted that while profitability improved, organic growth was slightly negative due to a challenging economic environment. Customer demand picked up in Q2, particularly in the public sector. The company faced challenges in project turnover and customer price declines. Gofore continues to focus on strategic growth and innovation, with plans to update its strategy at the end of the year. The next financial disclosure will be the Q3 Interim Report on October 24, 2024. Gofore is a digital transformation consultancy with over 1,400 employees in multiple European countries and aims to be a leading digital transformation consultancy in Europe.

Gofore Plc reported net sales of 14.2 million euros for June 2024, down from 15.9 million euros the previous year. The company's last 12-month pro forma net sales were 189.7 million euros. As of the end of June, Gofore employed 1,453 people. CEO Mikael Nylund noted that business activity slowed due to the Finnish summer holiday season but highlighted a significant frame agreement with Yle worth 35 million euros and a 4.5 million euro agreement with the North Ostrobothnia wellbeing services county. Gofore's financial reports include monthly net sales, employee numbers, and other growth indicators. The half-year report for 2024 will be published on 15 August 2024. Gofore is an international digital transformation consultancy with over 1,400 employees and aims to be a leading digital transformation consultancy in Europe.

On June 11, 2024, Gofore Plc reported its business review for May 2024. The company’s net sales for the month were 16.8 million euros, slightly down from 17.2 million euros in April. Over the last 12 months, the pro forma net sales reached 192.3 million euros. Gofore employed 1,455 people at the end of May. CEO Mikael Nylund noted that while net sales decreased slightly, the utilization rate improved. The company continues to recruit cautiously based on direct customer needs. Customer budget constraints have led to some project reductions or cancellations, but new projects have also commenced. Notably, Gofore secured a five-year, 10 million euro deal with the National Police Board of Finland to renew the police’s firearms registry. The company’s Net Promoter Score (NPS) improved to 65 in the spring from 55 last fall, surpassing the IT services industry benchmark of 36. Gofore also published its first book, "Humanely Digital Finland," highlighting Finland’s digitalization efforts. Gofore’s financial reporting includes monthly net sales, last twelve-month pro forma net sales, and employee numbers, among other indicators. The company publishes quarterly interim reports compliant with IAS34 and lists its financial communication dates on its investor relations website. Gofore is an international digital transformation consultancy with over 1,400 employees in various European countries, aiming to create a humane, sustainable, and ethical digital world. In 2023, its net sales were 189.2 million euros, and its shares are listed on Nasdaq Helsinki. Gofore aspires to be a leading digital transformation consultancy in Europe.

On May 13, 2024, Gofore Oyj disclosed a transaction involving Heidi Kirjavainen, a closely associated person to Elja Kirjavainen, a senior manager in the company. The transaction was a gift, donation, or inheritance of 333 shares at a unit price of 22.9 EUR. The transaction took place outside a trading venue. Gofore Oyj is a digital transformation consultancy with over 1,400 employees across multiple locations. In 2023, the company reported net sales of EUR 189.2 million.

Gofore Plc, a Finnish digital transformation consultancy, has issued its business review for April 2024. The company reported a net sale of 17.0 million euros for the month, an increase from 14.5 million euros in the same period last year. The company's last 12 months' pro forma net sales stood at 193.1 million euros. The company also announced a new agreement with the State Treasury, valued at around 2.0 million euros for four years, with an option for an additional 2-4 years. The agreement involves the development of the State Treasury's integration services. As of the end of April, Gofore employed 1,456 people.

On April 24, 2024, Gofore Oyj announced that Piia-Noora Kauppi, a member of the board, made a series of share acquisitions on the NASDAQ Helsinki Ltd. The transactions, which occurred on April 22, 2024, involved the purchase of a total of 4280 shares at a volume-weighted average price of 23.43584 EUR per share. Gofore Oyj is an international digital transformation consultancy with over 1,400 employees across multiple locations. The company reported net sales of EUR 189.2 million in 2023 and is listed on the Nasdaq Helsinki Ltd. in Finland.

On April 24, 2024, Gofore Oyj announced a managerial transaction involving Otso-Antero Järvinen, a closely associated person, and Piia-Noora Kauppi, a member of the board. The transaction, an acquisition of 180 shares at a unit price of 23.6 EUR, took place on the NASDAQ Helsinki Ltd. Gofore Oyj is a digital transformation consultancy with over 1,400 employees across multiple countries. In 2023, the company reported net sales of EUR 189.2 million.

Gofore Plc released its interim report for January-March 2024, showing an adjusted EBITA of 13.8% for the quarter, with no net sales growth. The report includes key figures, the most significant new agreements, profit and loss statement, balance sheet, and Gofore’s market outlook and near-term risks. Net sales for Q1 2024 were €49.2 million, with adjusted EBITA at €6.8 million. The company started multiple new projects with customers over the quarter, improving the utilisation rate and supporting profitability. The company's CEO, Mikael Nylund, stated that the first quarter seems like the low point of the weaker market situation, but the company is ready to answer the improving customer demand when the time comes.

Gofore Plc held its Annual General Meeting on 4th April 2024, where it adopted the company's financial statements for 2023 and confirmed a dividend of EUR 0.47 per share. The Board of Directors and the CEO were discharged from liability for the 2023 financial period. The company's remuneration policy was confirmed, and the remuneration for the Chair of the Board was set at EUR 6,000 per month, with other board members receiving EUR 3,000 per month. The Board of Directors was authorized to decide on the repurchase of the company's own shares, the issuance of shares and option rights, and donations to the Gofore Impact Foundation. The Board of Directors was also organized, with Timur Kärki continuing as Chair. Ernst & Young Oy was elected the company’s auditor.