F-Secure Oyj - Earnings Release 2019

F-Secure updates its outlook for year 2019 to include the impact of IFRS 16

F-Secure Corporation, stock exchange release, 8 May 2019, at 15.30 pm (EEST)

F-Secure updates its outlook for year 2019 to include the impact of IFRS 16

F-Secure updates its outlook for year 2019 to include the impact of IFRS 16 on Adjusted EBITDA. The update is purely technical. For the full year the impact is estimated to be around EUR +6 million, as has been communicated earlier.

New outlook

Revenue from corporate security is expected to grow by over 30% compared to 2018
Revenue from consumer security is expected to stay approximately at the same level as in 2018
Adjusted EBITDA is expected to be above EUR 21 million including the impact of IFRS 16

Old outlook

Revenue from corporate security is expected to grow by over 30% compared to 2018
Revenue from consumer security is expected to stay approximately at the same level as in 2018
Adjusted EBITDA is expected to be above EUR 15 million excluding the impact of IFRS 16

Additional information:

Eriikka Söderström, CFO, F-Secure

[email protected]

+358 40 6691844