Brief: NNIT Says Net Profit Of DKK 46m In Q1 2018 Was A Decrease Of 18 Pct Compared To Q1 2017

Nnit A/S

15/05/2018 16:29

May 15 (Reuters) - NNIT A/S  NNIT.CO :
    * NNIT A/S: 07/2018 FINANCIAL REPORT FOR Q1 2018
    * QTRLY SHARE OF REVENUE FROM NON-NOVO NORDISK CUSTOMERS
INCREASED
FROM 55 % IN Q1 2017 TO 63% IN Q1 2018
    * QTRLY NET PROFIT OF DKK 46M IN Q1 2018 WAS A DECREASE OF
18%
COMPARED TO Q1
    * ORDER BACKLOG FOR 2018 AT BEGINNING OF Q2 2018 WAS DKK
2,487
MILLION, AN INCREASE OF 2.8% COMPARED TO SAME TIME LAST YEAR
    * FREE CASH FLOW FOR Q1 2018 WAS DKK 143M COMPARED TO DKK
163M IN
Q1 2017
    * FOR FY, SEES REVENUE GROWTH OF 3-6% IN CONSTANT CURRENCIES
    * EXPECTED LEVEL OF INVESTMENTS IN 2018 IS 6-8% OF TOTAL
REVENUE
    * WILL PAY OUT AN INTERIM DIVIDEND IN AUGUST 2018 OF DKK
49.1M IN
CASH EQUAL TO DKK 2 PER SHARE OF A NOMINAL VALUE OF DKK 10

Source text for Eikon:  ID:nGNE9rfZwg 
Further company coverage:  NNIT.CO 

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