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Through a Focus on Core Digital Services, Unlocking Value: A Journalistic Rewrite

GlobeNewswire LogoGlobeNewswire2w ago

 Through a Focus on Core Digital Services, Unlocking Value: A Journalistic Rewrite - GlobeNewswire

Quick Summary:

We have set ambitious yet realistic short and mid-term goals in line with our strategic objectives.” Strategic update In 2023, we conducted a strategic review of the business model and assessed our core digital services i.e.e-identity, e-invoicing, e-payments and e-reporting, and our traditional communication service, i.e.our document data extraction, print and mail and paper-based services.

Hans Leybaert, Chief Executive Officer and founder, commented: "Following a detailed review of our business model, we are pleased to outline our refined strategic priorities with a clear focus on driving our core digital services.

Pre disinvestments) Medium-term objectives: Organic Digital Service revenue base case (Ex-regulation) Revenue CAGR: mid-teens percentage growthDrive gross margin close to ~70%Capex as a ratio of Digital services revenue around 6-7% Regulation booster to be further quantified when mandatory laws in different countries are implemented.

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Article Details

Author / Journalist: Unifiedpost

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-04-30 @ 05:30:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 674 words

Reading Time: 4 minutes read

Sentences: 33 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 20834772

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About GlobeNewswire

Main Topics: Technology

Official Website: globenewswire.com

Update Frequency: 2 posts per day

Year Established: 1998

Headquarters: China

News Last Updated: 11 hours ago

Coverage Areas: China

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #116

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