Brief: Qt Group Q2 Oper Profit Up At EUR 3.6 mln

Qt Oyj

07/08/2020 06:07

Aug 7 (Reuters) - Qt Group Oyj  QTCOM.HE :
    * Q2 NET SALES INCREASED BY 29.2 PERCENT TO EUR 18,081 THOUSAND (13,995)
    * Q2 OPERATING RESULT WAS EUR 3,620 THOUSAND (714)
    * DEVELOPMENT OF OPERATING RESULT HAS BEEN SUPPORTED BY GROWTH OF NET SALES,
LOWER-THAN-PLANNED
EXPENSES
    * FUTURE OUTLOOK: COMPANY ESTIMATES GROWTH PROSPECTS FOR ITS BUSINESS IN NEXT FEW YEARS AS
VERY
PROMISING
    * GROUP'S BUSINESS DEVELOPMENT EFFORTS WILL FOCUS ON DESKTOP APPLICATIONS AS WELL AS
EMBEDDED
SYSTEMS IN AUTOMOTIVE INDUSTRY, CONSUMER ELECTRONICS, MEDICAL DEVICES, AND INDUSTRIAL AUTOMATION
SECTORS
    * COMPANY KEEPS ITS OUTLOOK UNCHANGED

Source text for Eikon:  ID:nWkr4wSXRD 
Further company coverage:  QTCOM.HE 

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