Innofactor Plc Stock Exchange Release October 31, 2012 at 8:25 Finnish time
On October 30, 2012 Innofactor Plc’s Board of Directors decided to update the Group’s strategy.
The key points of Innofactor’s strategy are as follows:
Innofactor provides its clients with software, systems and related services. Innofactor focuses on the supply of solutions for the Microsoft environment. Innofactor’s clients are enterprises and organizations. Innofactor operates in Finland and Denmark and offers its solutions from these to other countries. Innofactor strives to actively expand its operations in the Nordic Countries, which may happen either organically or through acquisitions. Additionally, Innofactor offers value-added components for Microsoft business solutions for global markets, utilizing several distribution channels.
Innofactor's mission is
- to help our clients offer their customers increasingly better services and improve their operations, and
- to provide our personnel and partners with an innovative and supportive environment in which they can continue to develop themselves.
Innofactor's vision is to become
- #1 provider of Microsoft solutions for corporate clients and organizations in the Nordic Countries, and
- #1 provider of value-added components for Microsoft's business solutions globally.
Innofactor’s strategy is to differentiate itself from the competitors as the leading provider focused in Microsoft solutions, and the most important strategic choices related to this are the following:
- Unique combination of Microsoft ISV/CSV and SI business
- Focusing on the most important corporate clients and organizations in the target market
- Unique offering, containing critical Microsoft business solutions
- Value for money = Only the best people and products
- Focusing on continuous service and long-term partnerships with clients
- Growth in the Nordic Countries (SI) and globally (ISV/CSV)
Innofactor's goal is to grow profitably:
- Achieve an average annual growth of 30–40% in 2011–2015 through both organic growth and company acquisitions.
- Achieve an average annual operating profit of 10–15% before depreciation and amortization (EBITDA) in relation to the net sales in 2011–2015.
- Keep the cash flow positive and secure good financial standing in all situations.
Espoo, October 31, 2012
INNOFACTOR PLC
Board of Directors
Additional information:
CEO Sami Ensio, Innofactor Plc
Tel. +358 50 584 2029
sami.ensio@innofactor.com
Distribution:
NASDAQ OMX Helsinki
Main media
www.innofactor.com