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Gofore H2: Strong profitability in Q4 as expected, no direct exposure to Ukraine - SEB

Gofore's Q4 EBITA came in marginally above our forecast. Gofore also updates its disclosure policy and no guidance is given going forward - Instead the monthly and quarterly business reviews disclosure will be improved. This should not be read as negative we note. The impact of geopolitical tensions remain unclear, but Gofore flags that it has no direct exposure to Ukraine or Russia. Solid report at first glance.

Gofore's Q4 EBITA came in marginally above our forecast. Gofore also updates its disclosure policy and no guidance is given going forward - Instead the monthly and quarterly business reviews disclosure will be improved. This should not be read as negative we note. The impact of geopolitical tensions remain unclear, but Gofore flags that it has no direct exposure to Ukraine or Russia. Solid report at first glance.
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