Brief: Innofactor Q3 Operating Profit Rises To EUR 0.9 Million

Innofactor Oyj

26/10/2021 07:10

Oct 26 (Reuters) - Innofactor Plc  IFA1V.HE :
    * Q3 OPERATING PROFIT ROSE 130.4 PERCENT TO 900,000 EUR
    * Q3 NET SALES WERE APPROXIMATELY EUR 13.7 MILLION (2020:
14.0)
    * Q3 OPERATING PROFIT WAS EUR 0.9 MILLION (2020: 0.4)
    * ORDER BACKLOG AT END OF REVIEW PERIOD WAS EUR 72.0 MILLION
(2020: 58.2)
    * NET SALES AND OPERATING MARGIN (EBITDA) IN 2021 ARE
ESTIMATED TO
INCREASE FROM 2020, DURING WHICH NET SALES WERE EUR 66.2 MILLION
AND OPERATING MARGIN WAS EUR 7.2 MILLION
    * LONG-TERM FINANCIAL GOALS: TO ACHIEVE ANNUAL GROWTH OF
ABOUT 20
PERCENT, MAJORITY OF WHICH IS INTENDED TO BE ACHIEVED BY ORGANIC
GROWTH
    * OUR LONG-TERM FINANCIAL GOALS: TO ACHIEVE ABOUT 20 PERCENT
EBITDA IN RELATION TO NET SALES

Source text for Eikon:  ID:nGNEbrgZ42 
Further company coverage:  IFA1V.HE 

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