Gofore: April sales slightly behind SEB est.; sizeable public sector deals announced - SEB
Bildkälla: Stockfoto

Gofore: April sales slightly behind SEB est.; sizeable public sector deals announced - SEB

Gofore's April sales data was slightly behind our estimate. We calculate the organic growth in April at c. -1%, down slightly from the small positive organic growth seen in Q1. The daily sales/FTE was on last year's level. However, the company announced a couple of large Finnish public sector deals, which we read as positive and hence think justifies a neutral reaction to the monthly data.

Gofore's April sales data was slightly behind our estimate. We calculate the organic growth in April at c. -1%, down slightly from the small positive organic growth seen in Q1. The daily sales/FTE was on last year's level. However, the company announced a couple of large Finnish public sector deals, which we read as positive and hence think justifies a neutral reaction to the monthly data.
Börsvärldens nyhetsbrev