Innofactor’s Q1 results were slightly better than expected. Although net sales of EUR 17.0m were below expectations (Evli EUR 17.8m), with sales having decreased in Finland and Sweden due to increased sick leaves, profitability was at good levels after some challenges during H2/21, with EBITDA amounting to EUR 2.0m (Evli EUR 1.8m).

https://pankki.evli.com/hubfs/ERP/Raportit/Innofactor/Innofactor%20220426%20Q1%20Earnings%20flash.pdf

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