Viafin Service has released its first quarter interim report, revealing a decrease in turnover to EUR 15.0 million compared to 16.4 million euros in the same period the previous year. Despite this decrease, the company’s operating result improved to 0.2 million euros from 0.1 million euros in the prior year, which aligned with Inderes’ forecast. The EBITDA for January-March was also up at 0.6 million euros from 0.4 million euros in the previous year.
Looking back at the review period, Viafin made strategic extensions including acquiring OT Service Oy among other purchases. Heikki Pesu, CEO of Viafin, highlighted these extensions and mentioned that the company’s current cash resources support ongoing growth while prioritizing shareholder value.
Moving forward into the 2024 financial year, Pesu predicts that approximately 85 percent of turnover will come from maintenance business with the remaining 15 percent from project business. This strategic focus reflects Viafin’s commitment to continued growth and success as they maintain their financial guidance for the fiscal year, expecting an increase in turnover and an improvement in relative operating result.