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Teamviewer forecasts further growth, firm margins in 2021

BERLIN, Feb 9 (Reuters) - German software company TeamViewer forecast that its business would grow by up to a third this year while profit margins would hold firm, as the remote connectivity specialist reported a strong end to 2020.

Billings are forecast in a range of 585-605 million euros ($707-$731 million) after growing by 44% last year to 460 million euros, the company said, confirming preliminary results published in January. ($1 = 0.8280 euros) (Reporting by Douglas Busvine Editing by Riham Alkousaa)

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