Gofore Oyj: Recent Financial Developments

Gofore Oyj, a Finnish technology consultancy firm listed on the Frankfurt Stock Exchange, has been active in the financial markets with several significant developments in early September 2025. The company, known for its expertise in IT services such as lead generation, lean development, and cloud computing, has recently completed a strategic acquisition and engaged in share transactions.

Huld Acquisition Completed

On September 1, 2025, Gofore Oyj announced the completion of its acquisition of Huld, a move that had been previously disclosed in July 2025. The acquisition was finalized with a purchase price of €41.4 million, of which approximately €37.3 million was paid in cash and the remaining €4.1 million through a directed share issue. This acquisition is part of Gofore’s strategy to expand its service offerings and market presence.

Directed Share Issue

In connection with the Huld acquisition, Gofore Oyj executed a directed share issue, as announced on September 1, 2025. This financial maneuver was part of the payment structure for the acquisition, indicating Gofore’s strategic use of equity to finance its expansion efforts.

Share Transactions

On September 3, 2025, Gofore Oyj engaged in the purchase of its own shares, acquiring 6,199 shares at an average price of €14.1976 per share, totaling €88,010.92. This transaction is part of the company’s share-based incentive program, reflecting its commitment to rewarding shareholders and enhancing shareholder value.

Changes in Shareholding

Earlier in the week, on September 2, 2025, it was reported that Timur Kärki’s holding of Gofore Plc’s shares and voting rights had fallen below 10%. This change was corrected from an earlier announcement, highlighting the dynamic nature of shareholding structures within the company.

Market Performance and Sector Outlook

Despite these corporate activities, the broader IT services sector faced challenges in Q2 2025, with revenue declines and persistent profitability issues. However, companies like Gofore continue to navigate these challenges through strategic acquisitions and financial maneuvers.

As of September 1, 2025, Gofore Oyj’s share price stood at €14, with a market capitalization of €219.14 million. The company’s price-to-earnings ratio was reported at 25.816, reflecting investor sentiment and market expectations.

For more detailed information on Gofore Oyj’s offerings and strategic direction, interested parties can visit their website at www.gofore.com .