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)

Disclaimer: Fusion Media would like to remind you that the information contained on this website is not necessarily real-time or accurate. All CFDs (stocks, indices, futures) and forex prices are not provided by exchanges, but by market makers. Therefore, prices may not be accurate and may differ from the actual market price. This means that the prices are indicative and not suitable for trading purposes. Therefore, Fusion Media is not responsible for any trading loss you may incur as a result of using this information.

Fusion Media or anyone involved with Fusion Media assumes no liability for any loss or damage caused by reliance on the information contained on this website, such as data, offers, charts and buy / sell signals. Please be fully informed about the risks and costs associated with trading in the financial markets. This is one of the riskiest forms of investment possible.

Comments are closed.