Gofore Oyj’s December 2025 Performance and Strategic Outlook
Gofore Oyj reported a December 2025 net sales figure of €17.8 million, a substantial increase from the €13.4 million recorded in December 2024. The rise is primarily attributed to the acquisition of Huld, which has broadened Gofore’s service portfolio and client base across Finland, Germany, and the United Kingdom.
Key Monthly Highlights
| Month | Net Sales (MEUR) | Employees (End of Period) | Own Capacity, FTE | Sub‑contracting, FTE |
|---|---|---|---|---|
| January | 15.6 | 1,470 | 21 | 1387 |
| February | 14.8 | 1,470 | 20 | 1381 |
| March | 16.1 | 1,469 | 21 | 1379 |
| April | 15.5 | 1,470 | 20 | 1388 |
| May | 15.5 | 1,472 | 20 | 1381 |
| June | 13.2 | 1,390 | 20 | 1313 |
| July | 5.8 | 1,380 | 23 | 1304 |
| August | 14.7 | 1,373 | 21 | 1298 |
| September | 20.7 | 1,786 | 22 | 1665 |
| October | 21.5 | 1,797 | 23 | 1684 |
| November | 20.3 | 1,794 | 20 | 1687 |
| December | 17.8 | 1,791 | 20 | 1680 |
The December figures illustrate a 12‑month net sales total of €215.2 million and an employee headcount of 1,791—an increase of 320 employees compared with the previous year, underscoring robust operational expansion.
Drivers of Growth
- Huld Acquisition – The strategic purchase of Huld has injected new revenue streams and strengthened Gofore’s position in cloud‑based and digital transformation services, directly contributing to the year‑over‑year sales lift.
- Client Diversification – Continued penetration into the German and UK markets has expanded Gofore’s geographic footprint, mitigating concentration risk within Finland.
- Lean Development & Service Validation – Gofore’s focus on lean development, service concept validation, and user‑interface design has positioned the firm as a preferred partner for enterprises seeking rapid digitalisation.
Financial Snapshot
- Closing Share Price (2026‑01‑13): €14.24
- 52‑Week High (2025‑01‑20): €22.70
- 52‑Week Low (2025‑11‑30): €12.38
- Market Capitalisation: €235.96 million
The share price remains within a healthy range relative to the 52‑week high, indicating market confidence in Gofore’s trajectory.
Governance and Leadership
For the 2026 Annual General Meeting, the Shareholders’ Nomination Committee proposes a six‑member board comprising:
- Mammu Kaario
- Piia‑Noora Kauppi
- Antti Koskelin
- Timur Kärki
- Sami Somero
- Saara Lehmuskoski – newly elected staff‑representative, bringing expertise in change management and Intelligent Industry.
All nominees have consented to their roles, and the board will be elected as a single entity. The composition underscores Gofore’s commitment to balanced governance, blending executive experience with employee representation.
Forward‑Looking Perspective
The December data signals that Gofore is well‑positioned to sustain momentum through 2026. The company’s focus on cloud computing, lean development, and digital transformation aligns with industry demand for rapid, cost‑effective solutions. The recent expansion in headcount and revenue, coupled with strategic acquisitions, suggests a solid foundation for:
- Continued revenue growth as the Huld integration matures and new contracts materialise in the UK and Germany.
- Scalability through an expanded own‑capacity workforce and selective subcontracting.
- Enhanced market visibility by leveraging its presence on multiple exchanges (NASDAQ OMX Helsinki and Frankfurt).
Given the current market cap, share price stability, and robust earnings trajectory, Gofore’s valuation appears attractive for investors seeking exposure to high‑growth IT services in the Nordic region. The upcoming board elections will further cement governance standards, ensuring that leadership remains aligned with shareholder interests while fostering innovation.
