Dear Shareholders, Partners, and Employees
Reflecting on the past fiscal year, I am proud to report that Trifork has continued its trajectory of growth and innovation, despite the economic challenges that have permeated global markets. Our commitment to delivering cutting-edge technology solutions has enabled us to maintain a double-digit growth rate, a testament to the resilience and dedication of our team.
In a year marked by cautious spending in technology investments across industries, Trifork has not only sustained but also expanded its market presence. Our focus on key technological areas such as artificial intelligence, cyber security, digital twins, and spatial computing has positioned us at the forefront of the digital transformation wave. The introduction of groundbreaking products like Apple’s Vision Pro has been a highlight, showcasing our ability to innovate and adapt.
The strategic initiatives we have undertaken this year, aimed at strengthening our leadership and enhancing our business development efforts, have borne fruit. We have seen significant revenue growth from new customers, underscoring the effectiveness of our approach. Our ambition to extend our footprint in the US market, particularly with our Smart Enterprise solutions in the Chicago area, is well underway and promises to be a pivotal growth driver in the coming years.
Financially, the year has been rewarding, with Trifork achieving a revenue of EURm 208 and an adjusted EBITDA in the Trifork segment of EURm 35.0. These figures reflect our solid business model and the successful execution of our strategy.
Looking ahead to 2024, we are setting targets for continued growth in revenue and profits, adjusted EBITDA, and EBIT of the Trifork Group. Our commitment to innovation, sustainability, and empowering digital transformation remains unwavering. We are poised to navigate the challenges and seize the opportunities that lie ahead, with the goal of delivering sustainable value to our shareholders, partners, and employees.
I would like to extend my heartfelt thanks to everyone who has contributed to our success. Your hard work, creativity, and perseverance have been the driving force behind our achievements. Together, we are shaping the future of technology.
Warm regards,
Jørn Larsen CEO, Trifork Group