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Gofore (GOFORE) investor relations material
Gofore Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net sales grew by 29.4% year-over-year to €60.1 million, with organic growth turning positive at 1.7%.
Adjusted EBITA rose 18% to €4.4 million, but margin declined to 7.3% due to integration costs and growth investments.
Major acquisitions (Esentri AG and Huld) expanded capacity and market reach, especially in Germany and the defense sector.
Employee count increased to 1,887, driven by acquisitions and strong recruitment.
Financial highlights
Net sales: €60.1M (+29.4% YoY); organic growth: 1.7%.
Adjusted EBITA: €4.4M (7.3% margin); EBIT: €2.5M (4.2% margin).
EPS (undiluted): €0.04 (down from €0.11 YoY).
Equity ratio: 50.9%; net gearing: 14.2%.
Cash flow from operations: €-1.1M; cash at period end: €35.4M.
Outlook and guidance
No specific financial guidance provided for 2026.
Market outlook cautiously optimistic; private sector demand expected to recover, but geopolitical risks persist.
Integration synergies from acquisitions expected to improve profitability in H2.
- Q4 2025 saw record profitability and 19.6% sales growth, fueled by acquisitions and efficiency gains.GOFORE
Q4 202525 Feb 2026 - Profitability up, sales steady; public sector leads, strong cash flow, recovery gradual.GOFORE
Q2 20241 Feb 2026 - AI and digitalization drive gradual industry change, with regulation offering both hurdles and opportunities.GOFORE
Investor Update20 Jan 2026 - Driving digital transformation with record growth, high customer satisfaction, and AI innovation.GOFORE
SEB Nordic Seminar presentation19 Jan 2026 - €500M net sales target by 2030, with organic growth, DACH focus, and strategic AI integration.GOFORE
CMD 202510 Jan 2026 - 2024 net sales fell 1.6% but profitability and public sector growth stayed strong.GOFORE
Q4 202424 Dec 2025 - Profitability dropped in H1 2025, but restructuring and Huld acquisition aim to drive recovery.GOFORE
Q2 202523 Nov 2025 - Q3 profitability peaked for the year, boosted by Huld, but organic growth and margins declined.GOFORE
Q3 202523 Oct 2025 - Profitability held steady despite a 4.2% sales decline, with public sector sales now at 60%.GOFORE
Q3 202413 Jun 2025
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