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Innofactor Plc Earnings Release 2019

Jun 4, 2019

3319_rns_2019-06-04_f754aeee-5018-4eb5-a05f-ed3632989244.html

Earnings Release

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Innofactor specifies its year 2019 EBITDA future outlook

Innofactor specifies its year 2019 EBITDA future outlook

Innofactor Plc Inside Information, released on June 4, 2019, at 9:30 Finnish time

Innofactor specifies its year 2019 future outlook to hear out as follows: Innofactor's net sales are estimated to increase from 2018, during which the net sales were EUR 63.1 million and operating margin (EBITDA) is estimated to grow up to EUR 4.0–6.0 million, while in 2018 the operating margin (EBITDA) was EUR -1.0 million.

In accordance with Innofactor’s previous future outlook, Innofactor’s net sales and operating margin (EBITDA) in 2019 were estimated to increase from 2018, during which the net sales were EUR 63.1 million and operating margin was EUR -1.0 million.

Espoo, June 4, 2019

INNOFACTOR PLC

Board of Directors

Additional information:

Sami Ensio, CEO

Innofactor Plc

Tel. +358 50 584 2029

[email protected]

Distribution:

NASDAQ Helsinki

Main media

www.innofactor.com

**Innofactor

**Innofactor is the leading driver of the modern digital organization in the Nordic Countries for its over 1,500 customers in commercial, public and third sector. Innofactor has the widest solution offering and leading know-how in the Microsoft ecosystem in the Nordics. Innofactor has approximately 600 enthusiastic and motivated top specialists in Finland, Sweden, Denmark and Norway. In 2014–2018, the annual growth of Innofactor's net sales has been approximately over 14%. The Innofactor Plc share is listed in the technology section of the main list of NASDAQ Helsinki Oy. www.innofactor.com #ModernDigitalOrganization