Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markeder
    • Aktieoversigt
    • Finanskalender
    • Dividends Calendar
    • Research
    • Artikler
  • InderesTV
  • Forum
  • Om os
    • Fulgte selskaber
    • Team
Selskabsmeddelelse

Inside information: QPR Software Plc starts change negotiations to adapt the company's operations and improving its profitability

09.05.2023, 08.00
QPR Software







QPR SOFTWARE PLC                          INSIDE INFORMATION                             9 May 2023 AT 9 A.M EET 





On May 9, 2023, QPR Software Plc will submit a negotiation proposal per the Act on Cooperation to start change negotiations to adapt its operations and cost structure and improve the business's profitability. 

According to preliminary estimates, the measures that may be implemented after the change negotiations could lead to personnel temporary layoffs for a maximum of 90 days and, in addition, to the termination of a maximum of nine (9) positions. The scope of the negotiations includes the company's entire personnel, in all its offices, a total of 65 people. 

The year 2023 has generally started in an uncertain market situation. Regarding acquiring new customers, the general economic uncertainty has clearly postponed customers' decisions and the start of new tenders. In the current market situation, the company's room for maneuver is tight in terms of cash resources and equity ratio, while operations are still loss-making. The company is actively taking measures to reach the guidance given for the financial year 2023. 

The company has already taken cost-saving measures to improve cost efficiency and minimize the effects of the general increase in cost levels in all areas of its business. In change negotiations, the company deals with measures to adapt the company's operation, structure, and related personnel costs to meet the requirements of a scalable business model. 

The negotiations will start on May 15, 2023, and last two (2) weeks following the Act on Cooperation. 




For further information: 

Heikki Veijola 

Chief Executive Officer 

QPR Software Plc 

Tel. +358 40 922 6029 




About QPR Software 

QPR Software Plc (Nasdaq Helsinki) provides process mining, performance management, and enterprise architecture solutions for digital transformation, strategy execution, and business process improvement in over 50 countries. QPR software allows customers to gain valuable insights for informed decisions that make a difference. 

www.qpr.com 




DISTRIBUTION 

Nasdaq Helsinki 

Key medias 

www.qpr.com 


Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • X (Twitter)
Tag kontakt
  • info@hcandersencapital.dk
  • Bredgade 23B, 2. sal
    1260 København K
Inderes
  • Om os
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Servicevilkår
  • Privatlivspolitik
  • Disclaimer
Inderes’ ansvarsfraskrivelse kan findes her. Detaljeret information om hver aktie, der aktivt overvåges af Inderes og HC Andersen Capital, er tilgængelig på de virksomhedsspecifikke sider på Inderes' hjemmeside. © Inderes Oyj. All rights reserved.

  • Latest
  • Markeder
    • Aktieoversigt
    • Finanskalender
    • Dividends Calendar
    • Research
    • Artikler
  • InderesTV
  • Forum
  • Om os
    • Fulgte selskaber
    • Team

Privatlivspræferencer

Inderes bruger cookies for at give en bedre brugeroplevelse og en personlig service. Ved at give samtykke til brugen af cookies kan vi udvikle en endnu bedre service og vil kunne levere indhold, der er interessant for dig.