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ENPositive result warning: Digia increases its 2021 EBITA margin forecast
Digia Plc
Insider information
17 January 2022 at 9:00
Digia Plc increases its profit guidance for 2021 regarding the EBITA margin. Based on the preliminary and unaudited financial results, Digia expects the comparable EBITA operating margin for 2021 to be slightly over 11%, which exceeds the EBITA margin of around 10% in the previous outlook.
Digia’s net sales in December 2021 were better than expected. In addition, other operation expenses in December were lower than expected. These items led to a higher EBITA margin that exceeded the figure in the outlook for 2021.
Profit guidance issued by the company on 9 February 2021: Growth in Digia’s net sales will outpace the previous year (5.5% in 2020) and the EBITA margin will be at a level of about 10%.
Updated outlook for 2021 based on preliminary and unaudited financial results:
| Previous (9 February 2021) | Updated | |
| Net sales | Digia's net sales will grow faster than in the previous year (5.5% in 2020). | Digia's net sales will grow faster than in the previous year (5.5% in 2020). |
| EBITA margin | Approximately 10% | Slightly over 11% |
Digia will publish its financial statement bulletin on Tuesday, 8 February 2022.
For further information, please contact:
President & CEO Timo Levoranta, tel. (exchange) +358 (0)10 313 3000
Distribution
Nasdaq Helsinki
Key media
digia.com
Digia is a software and service company that combines technological possibilities and human capabilities to build intelligent business, society and a sustainable future. Our mission is to ensure that our customers are at the forefront of digital evolution. There are more than 1,500 of us working at Digia and we operate globally with our international customers. Digia’s turnover in 2023 was EUR 192,1 million. The company is listed on Nasdaq Helsinki (DIGIA).