Basware Half Year Financial Report January-June 2020: Better than expected performance driven by consistent execution despite Covid-19
Basware Corporation, stock exchange release, July 16, 2020 at 8.45 am EESTApril-June 2020 · Cloud ARR order intake amounted to EUR 6.1 million (EUR 6.4 million) · Net sales increased 4.0 percent to EUR 37,769 thousand (EUR 36,320 thousand), which amounted to 4.5 percent organic growth at constant currencies · Cloud revenue increased 8.4 percent to EUR 26,841 thousand (EUR 24,752 thousand), which amounted to 8.8 percent organic growth at constant currencies. · EBIT amounted to EUR 1,285 thousand (EUR -6,181 thousand) · Earnings per share (diluted) were EUR -0.07 (EUR -0.65)