Business
26/2025・Trifork Group: Interim report for the quarter ending 31 March 2025
Trifork Group AGCompany announcement no. 26/2025Schindellegi, Switzerland – 6 May 2025Interim Financial Report for the first quarter ending 31 March 2025 Trifork Group reports revenue growth of 14.1% and EBITDA growth of 29.4% in Q1 2025 CEO Jørn Larsen comments on the first quarter:"Q1 showed good progress toward our strategic ambition of becoming a more product- and solutions-led business. To support this direction, we revamped Trifork.com in Q1 to highlight our full range of products and plat
About this update from Trifork Group Ag
[{"type":"image","alt":"Trifork Group AG","displaySize":"","headline":null,"caption":"Trifork Group AG","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":33,"url":"https://media.zenfs.com/en/globenewswire.com/c1ccd96164d39eab5be12ac9e3d1837d"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/_3T2cd7JZbys38Aozvbluw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTQ2O2NmPXdlYnA-/https://media.zenfs.com/en/globenewswire.com/c1ccd96164d39eab5be12ac9e3d1837d","width":300,"height":33}},"lazy":false},{"type":"text","content":"Trifork Group AGCompany announcement no. 26/2025Schindellegi, Switzerland – 6 May 2025Interim Financial Report for the first quarter ending 31 March 2025","length":156,"tagName":"p"},{"type":"text","content":"Trifork Group reports revenue growth of 14.1% and EBITDA growth of 29.4% in Q1 2025","length":83,"tagName":"p"},{"type":"text","content":"CEO Jørn Larsen comments on the first quarter:"Q1 showed good progress toward our strategic ambition of becoming a more product- and solutions-led business. To support this direction, we revamped Trifork.com in Q1 to highlight our full range of products and platforms, and I invite you to explore our current offering. AI continues to break new ground, and we now discuss AI with most of our customers in one form or another. Our platforms Corax and AI Assist are seeing strong interest as they bring significant value to our customers very fast, in a very flexible, scalable, and secure way without customers needing to employ large data science teams. ","length":664,"tagName":"p"},{"type":"text","content":"In Q1, we began to see the impact of several larger deals initiated in 2024. In Denmark, the good trend from Q4 continued in Q1, with the activities in the public sector increasing the most. The US business doubled its revenue and became the second-largest in the Group in Q1, proving that our IP-anchored strategy, executed in close collaboration with our Labs companies and global tech partners, can unlock new avenues of growth in revenue and profits.","length":454,"tagName":"p"},{"type":"text","content":"We have now completed most of the organizational changes announced last year and have identified cost-saving measures expected to deliver annual savings of EUR 10 million based on 2024 activity levels. For the remainder of 2025, we will continue to focus on further optim...