Brief: QPR Software Revises Its Full-Year 2019 Guidance

QPR Software Oyj

15/10/2019 12:35

Oct 15 (Reuters) - QPR Software Plc  QPR1V.HE :
    * REG-QPR SOFTWARE REVISES ITS FULL-YEAR 2019 GUIDANCE
    * REVISES ITS ESTIMATE FOR FULL-YEAR RESULTS 2019, BASED ON
WEAKER
OUTLOOK IN PERFORMANCE MANAGEMENT SOFTWARE, MODELING SOFTWARE
AND CONSULTING BUSINESSES
    * QPR ESTIMATES NET SALES TO DECREASE IN 2019 (2018: EUR
10,047
THOUSAND)
    * JAN-SEPT ESTIMATE: OPERATING RESULT ESTIMATE IS EUR -90
THOUSAND
(391)
    * UPDATED OUTLOOK FOR 2019: OPERATING RESULT (EBIT) TO BE
SLIGHTLY
NEGATIVE (0 - 4% OF NET SALES)
    * PREVIOUSLY PUBLISHED OUTLOOK FOR 2019: PREVIOUSLY, QPR
ESTIMATED
NET SALES TO GROW IN 2019 (2018: EUR 10,047 THOUSAND) AND
OPERATING RESULT TO BE LOWER THAN IN PREVIOUS YEAR DUE TO
INCREASED COSTS, WHILE REMAINING STILL POSITIVE (2018: 5.2% OF
NET SALES)

Source text for Eikon:  ID:nGNE3cqLC0 
Further company coverage:  QPR1V.HE 

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