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Gofore: Strong organic growth continues in April, daily invoicing rate up 7% - SEB

Gofore continued solid reported and organic growth in April with organic growth remaining above 20%, according to our estimates. The month’s sales also topped our estimate, despite we had hiked our sales forecast post the Q1 report. We also read that the improved daily invoicing per employee should translate to improving EBITA margin also for Q2, despite the salary inflation.

Gofore continued solid reported and organic growth in April with organic growth remaining above 20%, according to our estimates. The month’s sales also topped our estimate, despite we had hiked our sales forecast post the Q1 report. We also read that the improved daily invoicing per employee should translate to improving EBITA margin also for Q2, despite the salary inflation.
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