Financial targets

Etteplan updated its financial targets in December 2019. The new targets are valid as of January 1, 2020.

Revenue: more than EUR 500 million in 2024.
International growth: The share of revenue coming from outside Finland more than 55 per cent of revenue in 2024.
Managed Services: The share of revenue coming from Managed Services (Managed Services Index, MSI) 75 per cent of revenue in 2024.
Profitability: Operating profit (EBITA) over 10 per cent of revenue.

Financial guidance 2024 (February 8, 2024)
Etteplan issues guidance for revenue and operating profit (EBIT) as a numerical range and issues the following estimate:
Revenue in 2024 is as estimated to be EUR 375-415 (2023: 360.0) million, and
operating profit (EBIT) in 2024 is estimated to be EUR 28-34 (2023: EUR 25.5) million.

Financial guidance 2023 (September 18, 2023)
Etteplan updates and specifies its financial guidance for revenue and operating profit (EBIT) due to the weaker-than-expected business development in the third quarter:  
Revenue in 2023 is estimated to be EUR 355-370 (2022: 350.2) million, and 
operating profit (EBIT) in 2023 is estimated to be EUR 26-28.5 (2022: 28.6) million.

Previous financial guidance 2023 (August 10, 2023)
Etteplan specifies its financial guidance for revenue and operating profit (EBIT) within the previously communicated range and estimates:   
Revenue in 2023 is estimated to be EUR 360-380 (2022: 350.2) million, and 
operating profit (EBIT) in 2023 is estimated to be EUR 28-31 (2022: 28.6) million.