Loihde Plc specifies its outlook for 2022 regarding revenue from the security business

Loihde Plc Company Announcement 31 August 2022 at 7:55 EEST

Inside information

Loihde Plc specifies its guidance for 2022 as far as revenue from the security business is concerned. The guidance is specified due to the acquisition of the share capital of Turvakolmio Group Oy on 1 June 2022 and a more precise market outlook for the remainder of the year. As for revenue from digital development and the Group’s adjusted EBITDA, the guidance remains unchanged.

Updated outlook for 2022

In 2022, Loihde expects revenue from continuing operations in the security business to grow approximately 15% and revenue from continuing operations in digital development to grow more rapidly than in the previous year, or more than 13%. The Group’s adjusted EBITDA is estimated to improve compared to 2021, when it was EUR 4.3 million.

Previous outlook for 2022 (issued 4 March 2022)

In 2022, Loihde expects revenue from continuing operations in the security business to grow and revenue from continuing operations in digital development to grow more rapidly than in the previous year, or more than 13%. The Group’s adjusted EBITDA is estimated to improve compared to 2021, when it was EUR 4.3 million.

Loihde Plc
Board of Directors

 

Further information

CEO Samu Konttinen, media contact Director of Communications Tiina Nieminen, tel. +358 44 411 3480 or tiina.nieminen@loihde.com

Certified Adviser Aktia Alexander Corporate Finance Oy, tel. +358 50 520 4098

Loihde is an expert organisation specialising in digital development and security solutions. We help our customers create growth and competitiveness through digitalisation, while ensuring the security of people and information and the continuity of business. Loihde consists of two business areas: security solutions with the brand Loihde Trust, and digital development with the brands Loihde Advisory, Loihde Analytics and Loihde Factor.

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