Financial targets

Financial targets

Long-term financial targets

Gofore aims for annual net sales growth exceeding 20%, of which organic growth accounts for approximately half. In terms of profitability, Gofore’s target is an adjusted EBITA margin of 15%. (Of 16 December 2020).

Financial guidance for 2022

Gofore has updated its own disclosure policy so that under the policy, the company will no longer be issuing financial forecast relating to the financial period. Instead, the company will be developing the content of its monthly and quarterly business reviews, in an effort to further improve the company’s transparency and, hence, the real-time monitoring of financial developments.

In addition to the information contained in the previous business reviews, the company will from now on be publishing the consolidated pro forma net sales for the last 12-month period (LTM) on a monthly basis1. In its quarterly business reviews, alongside the previous information and the monthly information, the company will additionally be publishing details of Gofore’s organic growth during the review period2.

1) The consolidated pro forma net sales for the last 12 months (LTM) presented by the company in its business reviews illustrates the net sales under the group structure as at the time of the review. The pro forma net sales figures include the effect of corporate acquisitions and divestments, if any. The pro forma net sales figure is unaudited.
2) Organic growth of Net sales is calculated from the consolidated pro forma net sales for the last 12 months (LTM) according to the group structure as at the time of the review. The pro forma net sales figure is unaudited.