Lemonsoft Oyj | Inside Information | December 10, 2024 at 19:00:00 EET
Lemonsoft is lowering its 2024 forecast for revenue growth and profitability due to lower-than-expected customer demand.
New forecast for 2024:
Lemonsoft estimates that the net sales for the financial year 2024 will increase by 9-11 percent compared to the financial year 2023, and that adjusted EBIT will be 22-24 percent of net sales in 2024.
Previous forecast for 2024 (issued on 15 February 2024):
Lemonsoft estimates that the net sales for the financial year 2024 will increase by 10-18 percent compared to the financial year 2023, and that adjusted EBIT will be 23-28 percent of net sales in 2024.
Further information
Alpo Luostarinen
CEO
alpo.luostarinen@lemonsoft.fi
+358 50 911 3507
Mari Erkkilä
CFO
mari.erkkila@lemonsoft.fi
+358 40 768 1415
Certified Adviser:
Aktia Alexander Corporate Finance Oy, +358 50 520 4098
About Us
Lemonsoft is a Finnish software company that designs, develops and sells ERP software solutions to streamline its customers' processes across different business lines and administration. The extensive offering of software solutions and related services enables the Company to provide its customers with holistic service. The Company's standardised and scalable software solutions are delivered mainly from the cloud and are based on the SaaS model in which customers pay a monthly service fee for the use of the software. The Company operates in the ERP software market in Finland primarily as a service provider for SMEs. The Company's customer base consists of customers from especially industrial manufacturing, wholesale and retail, professional services automation, construction and accounting.
