Brief: Qt Group Q2 Operating Result Swings To Profit EUR 1.3 Million

Qt Oyj

09/08/2018 06:07

Aug 9 (Reuters) - Qt Group Oyj  QTCOM.HE :
    * Q2 NET SALES EUR 13.4 MILLION VERSUS EUR 8.8 MILLION YEAR
AGO
    * Q2 OPERATING PROFIT EUR 1.3 MILLION VERSUS LOSS EUR
188,000 YEAR
AGO
    * REVISING ITS PREVIOUSLY PUBLISHED GROWTH FORECAST OF MORE
THAN
15 PER CENT FOR YEAR 2018
    * EXPECTS THAT NET SALES GROWTH IN SECOND HALF OF YEAR WILL
BE
SIGNIFICANTLY MORE MODERATE THAN IN FIRST HALF
    * EXPECTS THAT  NET SALES IN 2018 WILL INCREASE BY MORE THAN
20
PER CENT YEAR-ON-YEAR AT COMPARABLE EXCHANGE RATES
    * OPERATING RESULT WILL SHOW A LOSS ALSO IN 2018, AS WAS
EXPECTED
BASED ON PRIOR FORECASTS

Source text for Eikon:  ID:nWkrqV6XS 
Further company coverage:  QTCOM.HE 

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