Profit Software Group reports moderate growth in the fiscal year 2019

Apr 14, 2020 | News

Profit Software Group’s financial statement for the fiscal year 2019 has been confirmed. Revenue was 25.1 million euros and grew a bit compared to the previous year.

-During 2019 we were able to gain new customers and projects across all Profit Software business lines. Our customer base is solid in Finland, and we are gaining momentum in Sweden. We continue to execute our growth strategy and expand our footprint in the Nordics, states CEO Ilkka Starck.

Profit Software’s headcount has increased from 228 to 240. Outlook for the year 2020 is somewhat unknown and foggy:

-We’re currently in an unusual situation in the world, not really seen in the modern times in this kind of worldwide scale. Our business outlook and backlog for the year start is healthy but we need to be cautious, follow the development closely and take one step at a time, ends Starck.

For further information please contact:
Profit Software, CEO Ilkka Starck, Phone. +358 9 681 731

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