Brief: Qt Group Q1 Operating Loss Narrows To EUR 0.5 Million

Qt Oyj

25/04/2019 13:11

April 25 (Reuters) - Qt Group Oyj  QTCOM.HE :
    * Q1 NET SALES EUR 12.8 MILLION VERSUS EUR 10.3 MILLION YEAR
AGO
    * COMPANY ESTIMATES GROWTH PROSPECTS FOR ITS BUSINESS IN
NEXT FEW
YEARS AS VERY PROMISING
    * ESTIMATE THAT OUR NET SALES IN 2019 WILL INCREASE BY MORE
THAN
15 PERCENT YEAR-ON-YEAR AT COMPARABLE EXCHANGE RATES
    * WE EXPECT OUR OPERATING RESULT STILL IN 2019 TO SHOW A
LOSS DUE
TO GROWTH INVESTMENTS
    * Q1 OPERATING LOSS EUR 0.5 MILLION VERSUS LOSS EUR 0.9
MILLION
YEAR AGO
    * Q1 OPERATING LOSS EUR 519,000 VERSUS LOSS EUR 0.9 MILLION
YEAR
AGO
    * OUR PERFORMANCE IN Q1 MEANS WE ARE WELL POSITIONED TO
ACHIEVE
OUR GOALS FOR 2019

Source text for Eikon:  ID:nWkr9kCB47 
Further company coverage:  QTCOM.HE 

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