Solteq Plcs Financial Statements Bulletin January 1 - December 31, 2020
Summary
CEO Olli Väätäinen: Company performed very well in a changed market situation Solteq Groups comparable revenue grew clearly and the improvement in profit was significant. Solteq Groups comparable revenue was EUR 60.5 million - when the absence of the SAP ERP business is taken into account - up by 9.3 percent. The pandemic had only minor negative impact in Finland, mainly affecting customer projects in the travel, service, and leisure sectors. The organizations operational capacity and the safety of its stakeholders were ensured by measures adopted in the early stages of the pandemic. A new, fixed-rate and unsecured senior bond worth EUR 23.0 million was admitted to public trading on Nasdaq Helsinki Ltd on October 5, 2020.
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SaaS
Enterprise Software
Retail Technology
Linked Companies
Solteq
$50M to $100M