Basware Interim Report January-March 2020: Positive EBIT in the first quarter; 2020 guidance updated due to Covid-19
Basware Corporation, stock exchange release, April 21, 2020 at 8.45 am EESTJanuary-March 2020 · Cloud ARR order intake amounted to EUR 3.6 million (EUR 4.9 million) · Net sales increased 6.5 percent to EUR 38,245 thousand (EUR 35,895 thousand), which amounted to 6.6 percent organic growth at constant currencies · Cloud revenue increased 14.4 percent to EUR 27,774 thousand (EUR 24,282 thousand), which amounted to 14.2 percent organic growth at constant currencies. · EBIT amounted to EUR 100 thousand (EUR -7,780 thousand) · Earnings per share (diluted) were EUR -0.25 (EUR -0.