Financial targets

Financial targets

Long-term financial targets

Gofore aims for more than 20% annual net sales growth, of which organic growth accounts for approximately half. In terms of profitability, Gofore aims for an adjusted EBITA of 15%. The long-term financial target is in accordance with the International Financial Reporting Standards (IFRS). (Of 16 December 2020).

Guidance for 2020

Gofore estimates that its full-year 2020 net sales will exceed the previously estimated net sales range of EUR 70–76 million (2019: EUR 64.1 million) and adjusted operating profit before amortisation of goodwill (adjusted EBITA) will grow in 2020 compared to 2019 (EUR 8.0 million). (Of 20 November 2020).

Previous 2020 guidance:
Gofore estimates that its full-year 2020 net sales will be in the range of EUR 70–76 million (2019: EUR 64.1 million) and adjusted operating profit before amortisation of goodwill (adjusted EBITA) will grow in 2020 compared to 2019 (EUR 8.0 million). (Of 10 August 2020).

In its monthly Business Reviews, the company reports and comments on the development of its business.