Brief: Nolato Q1 operating profit fell, low mobile phone volumes hit sales
28/04/2016 14:00
April 28 (Reuters) - Nolato AB NOLAb.ST :
* Q1 operating profit (EBITA) was SEK 113 million (123)
* Q1 consolidated sales totalled SEK 1,022 million (1,073)
* "Adjusted for currency, sales decreased by 4% compared
with the year-earlier period. The decrease was entirely within
Nolato Telecom, whose mobile phone volumes were significantly
lower in the quarter," Nolato CEO Christer Wahlquist said in a
statement
Source text for Eikon: ID:nWkrdB7550
Further company coverage: NOLAb.ST
(Reporting by Oskar von Bahr)
((Oskar.vonBahr@thomsonreuters.com;))