Brief: Qt Group Q3 EBITA Up At EUR 5.3 Mln

Qt Oyj

28/10/2021 13:05

Oct 28 (Reuters) - Qt Group Oyj  QTCOM.HE :
    * INTERIM STATEMENT JANUARY 1-SEPTEMBER 30, 2021
    * Q3 NET SALES INCREASED BY 40.1 PERCENT TO EUR 26,891
THOUSAND
(19,199)*. AT COMPARABLE EXCHANGE RATES, NET SALES INCREASED BY
40.6 PERCENT.
    * Q3 OPERATING PROFIT (EBITA) WAS EUR 6,179 (5,191)
THOUSAND, OR
23.0 (27.0) PERCENT OF NET SALES.
    * Q3 OPERATING PROFIT (EBIT) WAS EUR 5,260 (5,089) THOUSAND,
OR
19.6 (26.5) PERCENT OF NET SALES.
    * ESTIMATES GROWTH PROSPECTS FOR ITS BUSINESS IN NEXT FEW
YEARS AS
VERY PROMISING
    * COVID-19 PANDEMIC CONTINUES TO CAUSE INCREASED UNCERTAINTY
FOR
COMPANY'S SHORT-TERM OUTLOOK.
    * MAINTAIN OUR PREVIOUS FORECAST FOR 2021 AND ESTIMATE THAT
OUR
FULL-YEAR NET SALES FOR 2021 WILL INCREASE BY 40-50 PERCENT
YEAR-ON-YEAR AT COMPARABLE EXCHANGE RATES AND OUR OPERATING
PROFIT MARGIN WILL BE AT LEAST 15 PERCENT

Source text for Eikon:  ID:nWkr5jdLph 
Further company coverage:  QTCOM.HE 

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