GOFORE PLC COMPANY ANNOUNCEMENT 10 JULY 2019 AT 15.45

Gofore Plc revises guidance for 2019

Gofore revises its 2019 guidance based on its net sales on the first half of the year. A few of the company's major customers reduced their cooperation during the second quarter in a way that could not be foreseen during the first half of the year. However, the strong order backlog will allow 32–42% growth and EUR 67–72 million net sales for 2019.

Overall, customer demand for expert services for digitalisation has continued to be good.

The new revised guidance for 2019
Net sales for the financial year 2019 are estimated at EUR 67–72 million.
            
The earlier guidance published on 19 February 2019
Net sales for the financial year 2019 are estimated at EUR 71–79 million.

Gofore will publish its 2019 half-year report on 14 August, 2019.

Further enquiries:
Ali U. Saadetdin, Chairman of the Board of Directors, Gofore Plc 
tel. +358 40 844 4201
ali.saadetdin@saadetdin.com

Timur Kärki, CEO, Gofore Plc
tel. +358 40 828 5886
timur.karki@gofore.com

Certified Adviser: Evli Bank Plc, tel. +358 40 579 6210


Gofore Plc is a Finnish digitalisation specialist with international growth plans. We're made up of some 560 people across Finland, Germany, Spain, United Kingdom and Estonia - top experts in our industry who are our company's heart, brain, and hands. We use consulting, coding and design as tools to incite positive change. We care for our people, our customers, and the surrounding world. Our values guide our business: Gofore is a great workplace that thrives on customer success. In 2018, our net sales amounted to EUR 50.6 million. Gofore Plc's shares are quoted in the First North Finland market administered by Nasdaq Helsinki Ltd. Learn to know us better at www.gofore.com.