Change in QPR Software Plc's Management: CFO Mervi Kerkelä-Hiltunen leaves the company
QPR Software Plc's CFO Mervi Kerkelä-Hiltunen has resigned and will continue her career outside the company. Kerkelä-Hiltunen will remain as CFO of QPR...
CEO Heikki Veijola:
"The year 2023 was a turning point for QPR in many ways, and despite the challenging operating environment, we achieved improvement in results as a whole. The changes we made produced significant results with the company's profitability, cost and organizational structure, refined strategy and focus on core business.
October-December 2023
January-December 2023
Outlook for 2024
The company monitors the development of the world's economic situation and geopolitical tensions. The slowly budding recovery of economic growth, falling interest rates and normalizing inflation will improve the financial position of customers, and investment decisions can be expected to accelerate towards the end of 2024.
Supported by the current contract base and the projected growth of SaaS (Software as a Service) net sales, QPR expects the growth of SaaS net sales to be double-digit and estimates that the entire software net sales will grow in 2024 (2023: 5,122 thousand euros).
The company expects the operating result to improve significantly in the financial year 2024. The operating result in 2023 was -813 thousand euros.
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Chief Marketing Officer at QPR Software
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