The members of the Group Executive Board are as follows: Sami Ensio, Chief Executive Officer Anni Wahlroos, Chief People Officer and Deputy CEOAki Rahunen, Chief Financial Officer (appointed on February 7, 2025, will take up his post on May 8, 2025 at the latest)Martin Söderlind, Chief Strategy Implementation Officer Jørn Ellefsen, Managing Director, Innofactor PlatformsJyrki Vepsäläinen, Managing Director, Innofactor SolutionsMarko Lybeck, Managing Director, Innofactor CodeVesa Niinistö, Managing Director, Innofactor Dynasty In 2024, Innofactor's business was affected by a number of extraordinary factors, including measures and costs related to the public tender offer and unforeseen legal costs related to an individual acquisition, as well as the preparation of the Group's new strategy and the related changes in the organizational and corporate structure.
Jul 1–Dec 31, 2024 Jul 1–Dec 31, 2023 Change Jan 1–Dec 31, 2024 Jan 1–Dec 31, 2023 Change Net sales, EUR thousand 36,525 39,945 -8.6% 77,576 80,263 -3.3% Growth of net sales -8.6% 0.9% -3.3% 12.8% Operating result before depreciation and amortization (EBITDA), EUR thousand 3,134 4,849 -35.4% 6,338 9,101 -30.4% percentage of net sales 8.6% 12.1% 8.2% 11.3% Operating profit/loss (EBIT), EUR thousand 1,693 3,140 -46.1% 3,386 5,835 -42.0% percentage of net sales 4.6% 7.9% 4.4% 7.3% Earnings before taxes, EUR thousand 1,399 3,051 -58.4% 2,940 5,174 -45.7% percentage of net sales 3.8% 7.6% 3.8% 6.4% Earnings, EUR thousand * -771 1,942 -146.5% 263 3,438 -96.2% percentage of net sales -2.1% 4.9% 0.3% 4.3% Net gearing 30.1% 36.1% -5.8% 30.1% 36.1% -5.8% Net gearing without IFRS 16 12.2% 23.2% -10.8% 12.2% 23.2% -10.8% Equity ratio 46.8% 48.3% -1.8% 46.8% 48.3% -1.8% Equity ratio without IFRS 16 51.0% 51.5% -0.8% 51.0% 51.5% -0.8% Active personnel on average during the review period** 571 583 -2.1% 576 578 -0.3% Active personnel at the end of the review period** 571 581 -1.7% 571 581 -1.7% Earnings per share (EUR) -0.021 0.053 -146.2% 0.007 0.094 -96.2% *) In accordance with IFRS 3, the operating result for July 1–December 31, 2024, includes EUR 117 thousand (2023: 136) and for January 1–December 31, 2024, EUR 233 thousand (2023: 359) in depreciation related to acquisitions, consisting of allocations of the purchase price to intangible assets.
Espoo, February 28, 2025INNOFACTOR PLCBoard of Directors Additional information:CEO Sami Ensio, Innofactor Plctel.+358 50 584 2029sami.ensio@innofactor.com Financial releases in 2025 The annual report for 2024 will be published on the company’s website on Monday, March 31, 2025.
The story "Innofactor Plc Financial Statements Bulletin 2024 (IFRS)" has 1112 words across 36 sentences, which will take approximately 5 - 10 minutes for the average person to read.
Which news outlet covered this story?
The story "Innofactor Plc Financial Statements Bulletin 2024 (IFRS)" was covered 13 hours ago by GlobeNewswire, a news publisher based in China.
How trustworthy is 'GlobeNewswire' news outlet?
GlobeNewswire is a fully independent (privately-owned) news outlet established in 1998 that covers mostly technology news.
The outlet is headquartered in China and publishes an average of 46 news stories per day.
It's most recent story was published 8 hours ago.
What do people currently think of this news story?
The sentiment for this story is currently Positive, indicating that people regard this as "good news".
How do I report this news for inaccuracy?
You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.