Published on: March 19, 2020

Well positioned despite uncertain times

Sopheon has announced results for calendar 2019 in line with January’s trading update on revenue and ahead of our expectations at the Adjusted EBITDA level, demonstrating the strong finish to the year and continuing delivery on the group’s growing market opportunity.  Clearly the outlook for 2020 is entirely shrouded in short-term uncertainty. Consequently, we choose to leave revenue and profit estimates unchanged for now, but will look to revisit them in due course.  For the same reasons, we are not introducing 2021 estimates at this point.  The group remains very well positioned in our opinion, with strong products and a robust cash balance.

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