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Extensive research

Innofactor: A firmer and more stable base for earnings growth

By Joni GrönqvistAnalyst
Innofactor
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Innofactor’s turnaround has progressed well for four years, driven by the pull of the Finnish business. In the short term, the market creates uncertainty, but Innofactor’s good base created by the order book, recurring net sales and the public sector, provides support. Operationally focus still lies on developing a unified organization, where the foundation is in place, but it still requires evidence from outside Finland. We expect modest earnings growth this year and in the longer-term, stronger growth requires a solid Nordic business.

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