Affecto Plc – Stock Exchange Release, 20 May 2016 at 8:30, Helsinki
Affecto Capital Markets Day 2016 is held today in Helsinki
Affecto Capital Markets Day 2016 is held today in Helsinki.
The key highlights of the Capital Markets Day 2016 are the following:
- the Company estimates based on the 2015 total revenue that approximately 2/5th of its total revenue is recurring by nature
- the Company estimates that based on the Company’s total revenue in 2015, professional services account for approximately 80%, third party software maintenance approximately 15% and third party software license sales approximately 5% of its total revenue
- The Company is in the process of updating its strategy and until the strategy process is completed, the Company will not provide long term financial targets. The Company expects to update its long term financial targets at its 2017 Capital Markets Day
- The Company’s Outlook 2016 remains unchanged
The complete presentation materials are available on the Company website at the address:
http://affecto.com/about/investors/capital-markets-day-2016/
AFFECTO PLC
Juko Hakala
CEO
For additional information, please contact:
Martti Nurminen
CFO
+358 40 751 7194
martti.nurminen@affecto.com
Sakari Knuutti
Director, Legal & IR
+358 50 562 4077
sakari.knuutti@affecto.com