Trifork achieved total revenue of EURm 87.8, corresponding to growth of 34% compared to 2017 where EURm 65.6 was achieved.
EBITDA for 2018 totalled EURm 10.1 corresponding to an EBITDA-margin of 11.5% and an increase of 34% compared to 2017 where EURm 7.5 was achieved.
EBIT for the period totalled EURm 6.1 corresponding to an EBIT-margin of 7.0%. This was an increase of 54% compared to 2017 where EURm 4.0 was achieved.
EBT (Profit before tax) amounted to EURm 16.0, which was an increase of 7% compared to 2017, where EURm 15.0 was achieved.
Net profit for the period was EURm 14.8, which was an increase of 7%% compared to 2017, where EURm 13.7 was achieved.
Financial results for the first quarter of 2019
In Q1 2019, total revenue reached EURm 25.2, which is 51.8% growth compared to Q1 2018 where EURm 16.6 was achieved. Organic growth was 29.9% and growth from acquisitions totalled 21.9%
For Q1 2019, EBITDA totalled EURm 3.8 corresponding to an EBITDA-margin of 15.0%. This is a growth of 70.2% compared to the same quarter in 2018 where EURm 2.2 was achieved
Financial outlook for 2019
Trifork targets total revenue of EURm 100 in 2019, corresponding to at growth of 14% compared to 2018.
The EBITDA target is EURm 14, corresponding to an EBITDA-margin of 14.0% and a 39% increase of EBITDA compared to 2018.
