Qt Group Board of Directors decided on a new strategy period

Qt Group Plc Stock Exchange Release March 10, 2020 at 3:00 pm (EET)

Qt Group has in its meeting on 10 March 2020 decided on company’s new strategy period covering years 2022-2025.

During the new strategy period the company targets for a minimum of 15 per cent annual increase in revenue during the entire strategy period. Along with increasing revenue the company targets for a minimum of 15 per cent EBIT in the beginning of the strategy period and over 20 per cent EBIT towards the end of the strategy period.

New strategic targets follow company’s estimate that demand for embedded system software and development tools relating thereto will continue to increase strongly and Qt both as a company and as a technology can also in the future provide a highly competitive solution for customer demand in many customer segments and markets.

Additional information:
Juha Varelius, CEO, Qt Group Plc
Tel. +358 9 8861 8040, juha.varelius@qt.io

Distribution:
Nasdaq Helsinki
Key media
www.qt.io