Gofore (GOFORE) SEB Nordic Seminar presentation summary

Strategic focus and business overview

• Specializes in digital transformation, merging physical and digital worlds, and leveraging technology with human behavior changes.

• Operates in three strategic industries: Intelligent Industry, Defence & Space, and Digital Society.

• Employs 1,900 professionals across 26 cities in Europe, with LTM net sales of €215 million.

• Growth strategy centers on focusing within chosen industries, building long-term partnerships, and expanding geographically, especially in Finland and the DACH region.

• Service portfolio includes AI, data, cloud, management consulting, cybersecurity, and digital product lifecycle management.

Financial performance and growth

• Returned to growth in H2/2025 after a weaker H1, with highest profitability in Q3 (adj. EBITA 8.7%).

• Net sales reached €215.2 million in 2024, with a history of consistent growth and profitability.

• Long-term financial targets: €500 million net sales by 2030, 15% adjusted EBITA margin, and at least 40% of annual net profit as dividends.

• Guidance for 2025: adjusted EBITA of 8–10% of net sales, including the Huld acquisition.

M&A and expansion

• Completed 10 add-on acquisitions in eight years, including recent acquisitions of Huld and Esentri AG.

• Esentri AG acquisition expands DACH region presence to over 200 experts and €25 million in net sales, strengthening finance and public sector offerings.

• Huld acquisition enhances Intelligent Industry and Defence & Space capabilities.