Pressmeddelanden, rapporter och bolagsmeddelande för WithSecure Oyj

On April 29, 2024, WithSecure Corporation released a statement regarding a transaction involving Tuomas Syrjänen, a member of the corporation's board. The initial notification detailed a share-based incentive received by Syrjänen, consisting of 17,475 shares at a unit price of 0.00 EUR. The transaction took place on April 25, 2024. Laura Viita, VP of Controlling, Investor Relations and Sustainability at WithSecure Corporation, is the contact for further information.

WithSecure Corporation has released its interim report for the first quarter of 2024. Despite a slow start to the year, the company's profitability is developing positively. The annual recurring revenue (ARR) for Elements Cloud products and services is expected to grow by 10-20% from the end of 2023. The revenue from Elements Cloud products and services will grow by 10-16% from the previous year. The total revenue of the group will grow by 6-12% from the previous year. The adjusted EBITDA of the full year 2024 will be positive. The interim CEO, Antti Koskela, stated that the company is transforming into a partner-led SaaS company and the recent unexpected change of CEO will not impact the strategy execution. The report also discusses the financial performance of the company and events after the period-end, including the stepping down of CEO Juhani Hintikka following a Supreme Court ruling.

WithSecure Corporation has restated its 2023 financial information and updated its 2024 outlook comparatives in accordance with the new IFRS 8 financial reporting standard. The company will now report its business in three separate segments: Cyber security consulting, Non-recurring Incident response services, and Elements Company. The restated financial information for 2023 ensures comparability with the new segment reporting. The total financial information of the WithSecure Group remains unchanged. The financial outlook for 2024 predicts a growth in annual recurring revenue for Elements Cloud products and services by 10-20% from the end of 2023, and total revenue growth of the group by 6-12% from the previous year.

WithSecure Corporation will release its interim report for Q1 2024 on April 24, 2024. The report will be presented by interim CEO Antti Koskela and CFO Tom Jansson in a webcast, which will be conducted in English. Analysts are invited to attend the presentation at the company's headquarters in Helsinki, Finland. The presentation material and webcast recording will be made available on the company's website. Questions for the webcast can be submitted in written format via the webcast portal.