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Affecto Oyj (AFE1V.HE)

AFE1V.HE on Helsinki Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Affecto Q1 oper profit EUR 1.9 million
Thursday, 11 May 2017 02:08am EDT 

May 11 (Reuters) - AFFECTO OYJ :Q1 REVENUE EUR 30.2 MILLION VERSUS EUR 27.3 MILLION YEAR AGO.Q1 OPERATING PROFIT EUR 1.9 MILLION VERSUS EUR 1.0 MILLION YEAR AGO.EXPECTS ITS FY ’17 REVENUE TO BE ABOVE THE PREVIOUS YEAR.  Full Article

Finland's Affecto lifts 2017 sales outlook
Monday, 8 May 2017 02:00am EDT 

May 8 (Reuters) - Affecto :discloses preliminary information regarding its Q1/2017 results and increases revenue outlook 2017 .says Q1/2017 revenue was approximately 30.2 MEUR (Q1/2016: 27.3 MEUR) and operating profit was 1.9 MEUR (Q1/2016: 1.0 MEUR).Says expects its FY'17 revenue to be above previous year (2016: 112.5 MEUR), and its FY'17 operating profit to be at same level or below previous year (2016: 6.7 MEUR).  Full Article

Affecto Q4 operating profit down at EUR 2.8 million
Friday, 17 Feb 2017 02:15am EST 

Affecto Oyj : Q4 revenue 31.1 million euros ($33.2 million) versus 31.3 million euros year ago . Q4 operating profit 2.8 million euros versus 3.2 million euros year ago . Proposes dividend of 0.16 euro per share for 2016 . Expects its FY'17 revenue to be at same level or above previous year .Sees FY'17 operating profit to be at same level or below previous year.  Full Article

Affecto to acquire BIGDATAPUMP
Tuesday, 20 Dec 2016 02:00am EST 

Affecto Oyj : To acquire BIGDATAPUMP, cloud analytics company based in Finland . Purchase price consists of 3.5 million euro ($3.64 million) cash payment upon closing of transaction and earn-out element worth up to 3 million euros . Transaction will result in establishment of joint business with exclusive suite of cloud data analytics offerings with managed service capabilities . Business will drive plan of expansion across Finland and Scandinavia in 2017 .Deal is expected to be finalized by Feb. 1, 2017.  Full Article

Affecto to deliver Managed Analytics Services to Ramirent
Monday, 15 Aug 2016 02:16am EDT 

Affecto Oyj : Has signed agreement with Ramirent Plc regarding Managed Services of Business Intelligence and Analytics . Managed Services are delivered in partnership model with initial contract term of 3 years .Expected value is of about 3 million euros ($3.4 million).  Full Article

Affecto: agreement with Lithuanian electricity transmission system operator
Thursday, 11 Aug 2016 10:24am EDT 

Affecto Oyj : Says has signed an agreement with Lithuanian electricity transmission system operator, AB Litgrid . Value of agreement is about 1 million euros ($1.12 million) .Agreement also includes a three-year warranty and maintenance.  Full Article

Affecto Q2 operating profit down at EUR 2.3 million
Thursday, 11 Aug 2016 06:45am EDT 

Affecto Oyj : Q2 operating profit 2.3 million euros ($2.6 million) versus 2.9 million euros year ago . Q2 net sales 30.1 million euros versus 30.8 million euros year ago . Q2 order intake 27.8 million euros; decreased by 15 percent . 2016 outlook remains unchanged .Sees revenue to stay at same level or grow slightly and operating profit to grow in 2016.  Full Article

Affecto signs deal with Nordic telecom operator
Thursday, 2 Jun 2016 02:30am EDT 

Affecto Plc : Says delivers continuous development services to a Nordic telecom operator .Total revenue impact of agreement is estimated to be about 1.5 million euros ($1.68 million) over about one and a half years.  Full Article

Affecto Q1 operating profit falls to EUR 1.0 mln
Monday, 9 May 2016 06:25am EDT 

Affecto Plc : Q1 net sales 27.3 million euros ($31.08 million) versus 29.1 million euros year ago . Q1 operating profit 1.0 million euros versus 2.1 million euros year ago . 2016 outlook remains unchanged .Expects its revenue to stay at the same level or grow slightly and itsoperating profit to grow in 2016.  Full Article

Affecto proposes 2015 dividend of 0.16 euro per share
Friday, 19 Feb 2016 06:15am EST 

Affecto Plc:Proposes that from financial year 2015 a dividend of 0.16 euro per share will be paid.  Full Article

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BRIEF-Affecto Q1 oper profit EUR 1.9 million

* Q1 REVENUE EUR 30.2 MILLION VERSUS EUR 27.3 MILLION YEAR AGO