Solteq Plc Lowers 2024 Comparable Revenue Guidance

Stock Market Bulletin
Inside information
October 23, 2024, at 08:00 EET

Solteq Plc’s expectations for current financial year revenues have changed. The company lowers its comparable sales forecast in 2024 and expects it to fall below the comparison period. The operating profit forecasts remain the same.

The new profit forecast for 2024 is as follows: the company expects a decrease in comparable sales compared to the comparison period and a positive operating result. Comparable turnover amounts to 54,183 thousand euros for the 2023 financial year.

Previous earnings guidance for 2024 was as follows: The company expects comparable revenue growth and positive operating profit. Comparable turnover amounts to 54,183 thousand euros for the 2023 financial year.

During the current financial year, revenue development was affected by weak customer demand and delays in several key customer acquisition opportunities.

The interim report of Solteq Plc for the period January 1 to September 30, 2024 will be published on October 24, 2024.

Solteq Plc
Board of Directors

Distribution

Nasdaq Helsinki
Key media
www.solteq.com

Additional information

CEO Aarne Aktan
Tel: +358 40 342 4440
Email: [email protected]

CFO and General Counsel Mikko Sairanen
Tel: +358 50 567 3421
Email: [email protected]

Solteq in brief

Solteq is a Nordic software solution and expert service provider specializing in the retail and energy sectors and e-commerce needs. The company has more than 400 professionals in Finland, Sweden, Norway, Denmark, Poland and the United Kingdom.