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Published on: January 28, 2020

Strong finish to 2019 – well set for 2020

Sopheon has delivered a trading update for 2019, highlighting revenues and cash both slightly ahead of our expectations, and with EBITDA “in line with market expectations”. We take a good degree of reassurance from this performance, which includes a strong uptake of the SaaS offering. We make no changes to 2020 estimates, but clearly today’s update is a positive both for sentiment and near-term business momentum.

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