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General

Q.beyond updates 2020plus growth strategy

Tuesday 17 November 2020 | 17:48 CET | News
Q.beyond, formerly known as QSC, has updated its 2020plus growth strategy. The company forecasts an increase in revenues for its Cloud & IoT business at an average of 17-18 percent per year to around EUR 145 million in 2022, with a segment margin of 18-20 percent. The SAP segment will increase its revenues by an average of 14-15 percent per year to around EUR 55 million, with a segment margin of 14-15 percent in 2022. The company plans to achieve a double-digit EBITDA margin through the reduction of administrative expenses. 

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Categories: General
Companies: QSC
Countries: Germany
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