Financial information

Financial results for 2018

  • 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 totaled 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 totaled 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.