GOFORE PLC COMPANY ANNOUNCEMENT 15 MARCH 2018 AT 11:00 EET

Business Review 1 February-28 February 2018: Business developed as expected  
 
Net sales for the period were EUR 3.8 million (EUR 2.7 million).

Billing in the period was affected by a lower number of working days in February than in January, and winter holiday periods in Finland. At the end of February 2018, the company employed a total of 386 people. 

Business Review reporting for February 2018 has been supplemented with the Full Time Equivalent (FTE) figure as well as subcontracting FTEs. In addition to the month's net sales, the actual net sales of the corresponding month in the previous year has been added. These additions will further facilitate transparency at the monthly level of the company's growth strategy as well as the transparency of the company's business. 

The figures are unaudited. 
 
The table below will be completed as the year progresses. 

 

Month
(2018)
 

Net sales,
MEUR 
(Net sales 2017) (1 

Number of
e
mployees 

Number of
working days
in Finland
 

Full Time
Equi
valent,
FTE 
(2 

Subcontracting
, FTE (3

February 

3.(2.7) 

386 

20 

354 

45 

January 

4.1 (2.7) 

377 

22 

346 

42 

Net sales, MEUR (Net sales in 2017), reports net sales (unaudited) for that month. In parentheses, comparing to the previous year, the combined net sales of Gofore Oy and the Leadin Group is presented for January-May. 
2 Full Time Equivalent (FTE) figure shows the total capacity of the Group's staff as equivalent to the number of full-time employees. The figure includes all staff regardless of their role. Annual holidays, overtime compensatory leave, sick leave or other short-term absences do not affect the FTE figurePart-time and other long-term regular working time deviations reduce the number of full time equivalents as compared to the total number of employees.  
3 Subcontracting, FTE (Full Time Equivalent) figure indicates the amount of subcontracting used in the billed work as equivalent to the number of full-time employees. 
 

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

Certified Adviser: Evli Bank Plc, tel. +358 9 4766 9926 

Gofore Plc is a digitalisation specialist operating since 2002. We offer modern services that help operators in the private and public sectors to face digital change. Our mission is to change the world for the better through digitalisation and by renewing ways of working. Our services cover the entire value chain, from management consultation to service design and implementation as well as cloud services. Staying on top and ahead of development requires us to be fast-paced, regenerative and competitive. We have 15 years of expertise in this. Our operations are characterised by top expertise, alacrity and genuine interaction. We believe that we are the best partner to our clients on the path to digital change. Gofore currently employs nearly 390 people in Helsinki, Jyväskylä, Tampere, Swansea, Munich and Madrid. Gofore was chosen as the best workplace in Finland and the second-best workplace in Europe in the Great Place to Work® survey in 2017. More information: www.gofore.com.