Solteq Plc revised earnings guidance for the year 2023. For the year, the company lowers its profit guidance due to weaker financial performance than previously estimated in both segments. The guidance is lowered for the Group's revenue and operating result.

The new profit guidance for 2023 is: revenue is expected to be EUR 57 million - EUR 59 million and operating result to be negative, excluding the one-time profit recognition of EUR 8 million on the sale of the Group's ERP business based on Microsoft BC and LS Retail solutions. The previous profit guidance for 2023 was: revenue is expected to be EUR 60 million - EUR 62 million and operating result to be slightly negative, excluding the one-time profit recognition of EUR 8 million on the sale of the Group's ERP business based on Microsoft BC and LS Retail solutions.