Changes in Admicom Oyj's Leadership Team
Unofficial translation of the company release on June 30, 2023 at 9:00 a.m. EEST. In case the document differs from the original, the Finnish version prevails.
Admicom Oyj's CFO Petri Aho will transfer to a new position Chief Development Officer as of July 7, 2023 with responsibility for Strategy and M&A while continuing as a member of the Leadership Team.
Satu Helamo (M.Sc. Econ.) has been appointed as Admicom Oyj's new CFO and member of the Leadership Team. She will move to her new position from WithSecure Oyj where she has held the role of Director, Group Finance. Previously she has had a long career at the consulting company KPMG. Helamo has over 15 years of experience in financial management. She will start in her role at the latest on October 9, 2023. Prior to that, Group Senior Business Controller Katariina Lähdesniemi (M.Sc. Econ.), who has already been responsible for the financial management of the ERP business unit, will act as interim CFO and member of the Leadership Team starting from July 7, 2023.
CEO Petri Kairinen: "During his term as CFO, Petri Aho has significantly developed Admicom's financial processes as the company has grown also through acquisitions. As our strategy and internationalisation plans have progressed, we decided that now is a reasonable time to transfer the CFO role to a successor, allowing Petri to better focus on business development and M&A. I am very happy to welcome Satu Helamo, who brings her versatile and solid financial management expertise to Admicom, especially from the perspective of international subsidiaries and the SaaS business model."
Future CFO Satu Helamo: "I am looking forward to joining in building Admicom's new phase this autumn. Admicom's stable financial situation creates a good basis for implementing its internationalisation strategy. I want to do my part in enabling this growth and in developing the financial and reporting processes, which best support and benefit the company of the company at any given stage of growth.”
Additional information:
Petri Kairinen
CEO
petri.kairinen@admicom.fi
+358 50 303 4275
Petri Aho
CFO
petri.aho@admicom.fi
+358 44 724 1767
Approved advisor:
Oaklins Merasco Oy
+358 09 612 9670
Keywords
Admicom Oyj
Founded in 2004, Admicom is a forerunner in IT system development for SMEs and a comprehensive software and accounting services partner. At the core of our service package is the Adminet ERP system, which covers a wide range of solutions for managing clients' operations, from construction site mobile tools to real-time financial monitoring and project management. A highly automated SaaS solution helps SMEs improve their competitiveness and profitability and significantly saves time on site and in the office. We also provide our customers training, consulting and accounting services.
Our software suite also includes Adminet Lite, a cost-effective software and service package for small businesses, Hillava, a precision solution for mobile work control, Kotopro, a modern software solution for high-quality documentation, and Tocoman, a pioneer in project management software solutions for the construction industry, including quantity and cost calculation, scheduling and BIM3 solutions for building information modeling.
We work continuously to enhance the integration between our software solutions to provide our customers with a coherent user experience, thus enabling them to build a more profitable business by using modern software solutions.
The ever-growing Admicommunity employs more than 240 people in its offices in Jyväskylä, Helsinki, Tampere, Oulu, Seinäjoki and Turku. Further information: https://investors.admicom.fi/.
Subscribe to releases from Admicom Oyj
Subscribe to all the latest releases from Admicom Oyj by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Admicom Oyj
ADMICOM OYJ HALF-YEAR FINANCIAL REPORT: Growth continued in Q2 despite lower annual adjustment fees and EBITDA improved to 38.4%9.7.2024 09:05:00 EEST | Press release
Unofficial translation of the company release on July 9, 2024 at 9 AM EEST. In case the document differs from the original, the Finnish version prevails. Welcome to join an investor call on Admicom's Q2 results on July 9, 2024 at 10.00 EEST. You can register for the event via this link: Interim Report Q2 2024 (videosync.fi). Figures in parenthesis refer to the comparable period in the previous year, unless otherwise stated. April - June 2024 (Q2) summary: Annual recurring revenue (ARR)1) increased by 6.7% to EUR 33.7 million (31.6). Recurring revenue2) increased by 1.7% and was EUR 9.0 million (8.8). Revenue increased by 0.7% and was EUR 9.5 million (9.4). Adjusted EBITDA3) was EUR 3.6 million (3.6), or 38.4% of revenue (38.1%). There were no adjustments to EBITDA in the second quarter. Adjusted EBIT3) was EUR 2.7 million (2.8), or 28.4% of revenue (30.1%). Earnings per share were EUR 0.38 (0.42). Admicom signed a contract with a large Swedish construction company operating in the Nord
Admicom Oyj: Notification of change in holdings according to Chapter 9, Section 5 of the Securities Markets Act18.6.2024 15:52:43 EEST | Press release
Unofficial translation of the company release on June 18, 2024 at 3:50 p.m. EEST. In case the document differs from the original, the Finnish version prevails. Admicom Oyj has received a notification in accordance with Chapter 9, Section 5 of the Finnish Securities Markets Act, according to which Admicom’s shares owned directly or indirectly by Matti Häll exceed 20 % of all votes in Admicom Oyj on April 19, 2024. The flagging notification is based on an amendment to the Securities Markets Act that entered into force on April 19, 2024, by which the flagging obligation was extended to cover companies listed on Nasdaq First North Growth Market Finland. Total positions of person(s) subject to the notification obligation % of shares and voting rights (total of 7.A) % of shares and voting rights through financial instruments (total of 7.B) Total of both in % (7.A + 7.B) Total number of shares and voting rights of issuer Resulting situation on the date on which threshold was crossed or reache
Admicom Oyj: Notification of change in holdings according to Chapter 9, Section 5 of the Securities Markets Act14.5.2024 08:35:00 EEST | Press release
Unofficial translation of the company release on May 14, 2024 at 8:30 a.m. EEST. In case the document differs from the original, the Finnish version prevails. Admicom Oyj has received a notification in accordance with Chapter 9, Section 5 of the Finnish Securities Markets Act, according to which Admicom’s shares owned directly or indirectly by Swedbank Robur Fonder AB exceed 5 % of all votes in Admicom Oyj on April 19, 2024. The flagging notification is based on an amendment to the Securities Markets Act that entered into force on April 19, 2024, by which the flagging obligation was extended to cover companies listed on Nasdaq First North Growth Market Finland. Total positions of person(s) subject to the notification obligation % of shares and voting rights (total of 7.A) % of shares and voting rights through financial instruments (total of 7.B) Total of both in % (7.A + 7.B) Total number of shares and voting rights of issuer Resulting situation on the date on which threshold was cross
Admicom Oyj: Notification of change in holdings according to Chapter 9, Section 5 of the Securities Markets Act14.5.2024 08:05:00 EEST | Press release
Unofficial translation of the company release on May 14, 2024 at 8:00 a.m. EEST. In case the document differs from the original, the Finnish version prevails. Admicom Oyj has received a notification in accordance with Chapter 9, Section 5 of the Finnish Securities Markets Act, according to which Admicom’s shares owned directly or indirectly by SEB Investment Management AB exceed 5 % of all votes in Admicom Oyj on April 19, 2024. The flagging notification is based on an amendment to the Securities Markets Act that entered into force on April 19, 2024, by which the flagging obligation was extended to cover companies listed on Nasdaq First North Growth Market Finland. Total positions of person(s) subject to the notification obligation % of shares and voting rights (total of 7.A) % of shares and voting rights through financial instruments (total of 7.B) Total of both in % (7.A + 7.B) Total number of shares and voting rights of issuer Resulting situation on the date on which threshold was c
ADMICOM OYJ BUSINESS REVIEW Q1 1.1.-31.3.2024: Growth in a challenging market, ARR growth +10 %10.4.2024 09:05:00 EEST | Press release
Unofficial translation of the company release on April 10, 2024 at 9 AM EEST. In case the document differs from the original, the Finnish version prevails. Welcome to join an investor call on Admicom's Q1 results on 10 April 2024 at 11.00 EEST. You can register for the event via this link: https://us06web.zoom.us/webinar/register/WN_xN6ug9BvTgatFJ9Quq7_VA. Figures in parenthesis refer to the comparable period in the previous year, unless otherwise stated. January-March 2024 (Q1): Annual recurring revenue (ARR)1) grew by 10.0% to EUR 33.8 million (30.7). Recurring revenue2) grew 7.4 % and was EUR 8.1 million (7.5). Revenue grew 4.8 % and was EUR 8.6 million (8.2). Adjusted EBITDA3) was EUR 2.7 million (3.0), 30.9% of revenue (36.7%). Adjustments to EBITDA were EUR 80 thousand. Adjusted EBIT3) was EUR 1.7 million (2.3), or 19.9% of revenue (27.6%). Earnings per share were EUR 0.21 (0.32). Admicom strengthened its forerunner position in construction technology solutions by acquiring asset
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom