Teamviewer predicts additional progress and stuck margins for 2021
© Reuters. FILE PHOTO: First trading day of TeamViewer AG in Frankfurt
BERLIN (Reuters) – German software company TeamViewer forecast its business will grow by up to a third this year while profit margins will remain stable as the remote connectivity specialist reported a strong end to 2020.
Settlements are forecast in a range of 585 to 605 million euros (707 to 731 million US dollars), after increasing last year by 44% to 460 million euros. This confirmed the preliminary results published in January.
($ 1 = 0.8280 euros)
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