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VINCIT — Vincit Oyj News Story

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Brief: Vincit Lowers Its 2025 Guidance For Relative Profitability

Nov 18 (Reuters) - Vincit Oyj VINCIT.HE:

VINCIT LOWERS ITS GUIDANCE FOR RELATIVE PROFITABILITY FOR THE 2025 FINANCIAL YEAR

NOW ESTIMATES RELATIVE PROFITABILITY TO BE LOWER THAN IN 2024

PREVIOUSLY, THE COMPANY ESTIMATED THAT THE RELATIVE PROFITABILITY WOULD IMPROVE YEAR-ON-YEAR.

THIS IS DUE TO CONTINUED UNCERTAINTY IN THE SOFTWARE DEVELOPMENT BUSINESS, WHICH IS REFLECTED IN REVENUE AND PROFITABILITY.

REGARDING REVENUE, THE COMPANY MAINTAINS ITS PREVIOUS GUIDANCE.

NEW GUIDANCE FOR THE 2025 FINANCIAL YEAR: BOTH REVENUE AND RELATIVE PROFITABILITY IN 2025 ARE EXPECTED TO BE LOWER THAN IN THE PREVIOUS YEAR.

Source text: https://mfn.se/ind/a/vincit/inside-information-profit-warning-vincit-lowers-its-guidance-for-relative-profitability-for-the-2025-financial-year-2fca24dd

Further company coverage: VINCIT.HE

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

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