QPR Expands Presence in the United States – Daniel Hughes Appointed to Lead Operations
QPR Software Plc has appointed Daniel Hughes to lead the company’s business operations in North America. He will be based in the United States, working for...
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QPR SOFTWARE STOCK EXCHANGE RELEASE, August 4, 2021 AT 9.00 AM
Improvement in net sales and operating profit
January-June 2021
April-June 2021
Outlook for the full year 2021 remains unchanged.
Business operations
QPR Software´s mission is to make customers agile and efficient in their operations. We innovate, develop, and sell software aimed at analyzing, monitoring, and modeling operations in organizations. Furthermore, we offer customers consulting services related to our software.
Outlook for 2021 (unchanged)
The exceptional circumstances caused by the pandemic continue to have an impact on our business, but we are already seeing signs of normalization in software purchase decisions. Based on actual sales performance in 2021 and current sales funnel, QPR expects net sales to grow in 2021 (2020: EUR 8,971 thousand).
QPR plans to moderately increase its sales, marketing and product development costs this year. Despite the planned increase in costs, the Company estimates EBITDA and operating result to improve compared to 2020.
Read QPR Software's Half Year Financial Report January-June2021 here.
FINANCIAL INFORMATION
In 2021, QPR Software Plc will publish its financial information, in Finnish and English, as follows:
Interim Report 1-9/2021: Friday, October 22, 2021
QPR SOFTWARE PLC
BOARD OF DIRECTORS
Further information:
Jari Jaakkola, CEO
Tel. +358 (0) 40 5026 397
Distribution:
NASDAQ OMX Helsinki Ltd
Main Media
Neither this press release nor any copy of it may be taken, transmitted or distributed, directly or indirectly, in or into the United States of America or its territories or possessions.
Marketing manager in Process Mining at QPR Software.
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