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Basware Oyj (BAS1V.HE)

BAS1V.HE on Helsinki Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Basware Q3 adj. oper. result turns to profit of EUR 977,000
Wednesday, 18 Oct 2017 01:45am EDT 

Oct 18 (Reuters) - BASWARE OYJ :Q3 NET SALES EUR ‍35.4​ MILLION VERSUS EUR 35.3 MILLION YEAR AGO.‍IS TARGETING ACCELERATED REVENUE GROWTH DURING ITS STRATEGY PERIOD 2017-2020​.‍FOR 2017, BASWARE EXPECTS ITS CLOUD REVENUES TO GROW BY APPROXIMATELY 20 PERCENT, AND ADJUSTED EBITDA AT BREAKEVEN​.Q3 ADJUSTED OPERATING PROFIT EUR 977,000 VERSUS LOSS OF EUR 804,000 YEAR AGO.  Full Article

Basware names Vesa Tykkyläinen new CEO
Monday, 26 Sep 2016 02:30am EDT 

Basware Oyj : Says Vesa Tykkyläinen to succeed Esa Tihilä as new CEO of Basware . Tykkyläinen to start in his new position on Sept. 26 .Board and Esa Tihilä have jointly agreed that he will step down as CEO with immediate effect and will retire from the company.  Full Article

Basware Q2 operating loss widens to EUR 5 million
Tuesday, 19 Jul 2016 01:45am EDT 

Basware Oyj : Q2 net sales 38.9 million euros ($43.06 million) versus 36.6 million euros year ago . Q2 operating loss 5 million euros versus loss 1.8 million euros year ago . Targets accelerated revenue growth during its strategy period 2016-2018 . For 2016 sees organic revenue growth of 5 percent or more for year at constant currencies . For 2016 sees temporary pressure on margins driven by accelerated growth investments resulting in adjusted EBITDA around break-even .Growth related accelerated operating investments are planned to amount to about 20 million euros.  Full Article

Basware signs agreement with corporation in France
Friday, 3 Jun 2016 04:00am EDT 

Basware Oyj : Basware signs accounts payable and e-invoicing agreement with major industrial corporation in France .The value of the agreement exceeds 2.3 million euros ($2.57 million) over five years.  Full Article

Basware comments on FY 2016 guidance
Tuesday, 19 Apr 2016 01:45am EDT 

Basware Oyj:For FY 2016 expects organic revenue growth of 5 percent or more for year at constant currencies.Sees adjusted EBITDA (excluding non-recurring items) around break-even in FY 2016.FY 2016 EBITDA 33,000 euros-Thomson Reuters I/B/E/S.  Full Article

Basware Oyj signs deal with luxury brand retailer in France for EUR 1.1 mln
Wednesday, 6 Apr 2016 07:30am EDT 

Basware Oyj:Signs accounts payable and e-invoicing agreement with luxury brand retailer in France.Value of agreement is about 1.1 million euros over five years.  Full Article

Basware Oyj completes acquisition of Verian
Friday, 1 Apr 2016 10:00am EDT 

Basware Oyj:Has completed the acquisition of Verian Technologies LLC as of April 1.  Full Article

Basware Oyj to acquire U.S.-based Verian for $36 mln
Thursday, 31 Mar 2016 08:00am EDT 

Basware Oyj:Says is to acquire Verian, a cloud-based e-procurement solution provider in the U.S.Acquisition price is about $36.0 million (31.8 million euros equivalent).Transaction is expected to be completed on April 1.Part of acquisition price will be paid in form of shares of Basware.Will decide on issuance of 180,707 new shares to major owners of Verian, for a total value of about 7.1 million euros.Remainder of consideration will be funded with cash.Expects non-recurring transaction and integration related costs of acquisition to amount to about 1 million euros.Transaction is expected to be earnings per share accretive from 2017 onwards.  Full Article

Basware Oyj signs deal with restaurant chain in France
Monday, 21 Mar 2016 04:00am EDT 

Basware Oyj:Signs purchase-to-pay and e-invoicing services agreement with restaurant chain in France.Value of agreement is 1.2 million euros over five years.  Full Article

Basware Oyj and WEX to provide B2B invoice payment solution for real-time electronic payments
Wednesday, 16 Mar 2016 03:01am EDT 

Basware Oyj:Basware and WEX Inc entered into an international agreement to deliver a new B2B invoice payment solution​.  Full Article

BRIEF-Basware Q3 adj. oper. result turns to profit of EUR 977,000

* Q3 NET SALES EUR ‍35.4​ MILLION VERSUS EUR 35.3 MILLION YEAR AGO