July 9 (Reuters) - F-Secure Oyj FSECURE.HE:
SAID ON TUESDAY LOWERED 2025 OUTLOOK AS ADOPTION OF NEW SECURITY SERVICES BY TIER1 CUSTOMERS PROGRESSED SLOWER THAN EXPECTED
MORE THAN 10% WEAKENING OF U.S. DOLLAR DURING H1 HAD STRONG IMPACT, RESULTING IN NEGATIVE EFFECT OF MORE THAN EUR 3 MILLION ON 2025 FORECAST
EXPECTS LOW SINGLE-DIGIT CURRENCY-NEUTRAL REVENUE GROWTH FOR 2025, AGAINST MID-SINGLE DIGIT REVENUE GROWTH EXPECTED IN FEBRUARY
EXPECTS ADJUSTED EBITA MARGIN IN RANGE OF 32%–35% IN 2025 (IN 2024: 35.7%)
DIRECT BUSINESS REVENUE DEVELOPMENT IS EXPECTED TO BE NEGATIVE DUE TO CONTINUED STRATEGY OF REFRAINING FROM PAID CUSTOMER ACQUISITION
EXPECTS CORE CONSUMER CYBER SECURITY MARKET TO GROW MID-SINGLE DIGIT CAGR MID- TO LONG-TERM
GROSS MARGIN IS EXPECTED TO BE SLIGHTLY LOWER THAN IN 2024 (86.2%) DUE TO GROWTH OF STRATEGIC PARTNERS WITH EMBEDDED SOLUTIONS
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