Brief: QT Group Q2 loss shrinks to EUR 188,000
10/08/2017 06:01
Aug 10 (Reuters) - QT GROUP OYJ QTCOM.HE :
* Q2 NET SALES DECREASED BY 1.6 PER CENT TO EUR 8,788
THOUSAND (8,935)
* Q2 OPERATING RESULT WAS EUR -188 THOUSAND (-783)
* ESTIMATES GROWTH PROSPECTS FOR ITS BUSINESS IN NEXT FEW
YEARS AS VERY PROMISING
* ESTIMATES THAT ITS NET SALES IN 2017 WILL INCREASE BY
15-20 PER CENT YEAR-ON-YEAR
* THE COMPANY ANTICIPATES NO MAJOR IMPACT FROM EMBEDDED
SYSTEMS SALES GROWTH ON CONSOLIDATED NET SALES IN 2017
* DUE TO INVESTMENTS IN GROWTH, COMPANY'S OPERATING RESULT
WILL SHOW A SUBSTANTIAL LOSS IN 2017
Source text for Eikon: ID:nWkr6HnZfC
Further company coverage: QTCOM.HE
(Gdynia Newsroom)
((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))