Long-term financial targets
Gofore is pursuing net sales growth exceeding the growth of the target market and an operating profit before goodwill amortisation (EBITA) margin of 15%. The company estimates that the target market will continue to exceed economic and ICT service sector growth in the next few years, but the growth will not exceed 10%. (Dated 20 December, 2019).
Outlook for 2020
Gofore’s net sales and comparable adjusted EBITA are expected to grow compared to 2019. Adjusted EBITA means EBITA, adjusted for non-recurring items. In its business reviews, the company will report and comment on monthly development of net sales to facilitate monitoring growth.