Innofactor: Subpar performance - Evli

Innofactor’s Q2 results were weaker than expected. Net sales declined 2% y/y to EUR 16.9m (Evli EUR 17.7m) due to a weakened invoicing ratio and individual project delivery challenges. Q2 EBIT of EUR 0.7m was also clearly weaker than in the comparison period and our estimates (Evli EUR 1.4m).

Länk till analysen i sin helhet: https://www.evli.com/hubfs/ERP/Raportit/Innofactor/Innofactor%20220721%20Q2%20Earnings%20flash.pdf