Brief: Qt Group Raises Its 2021 Net Sales Outlook

Qt Oyj

03/06/2021 10:37

June 3 (Reuters) - Qt Group Oyj  QTCOM.HE :
    * POSITIVE RESULT WARNING: QT GROUP PLC RAISES ITS 2021 NET
SALES
OUTLOOK
    * POSITIVE RESULT WARNING: QT GROUP PLC RAISES ITS 2021 NET
SALES
OUTLOOK
    * RAISES ITS 2021 NET SALES OUTLOOK AND ESTIMATES THAT ITS
FULL-YEAR NET SALES FOR 2021 WILL INCREASE BY 30-40 PERCENT
YEAR-ON-YEAR AT COMPARABLE EXCHANGE RATES AND OPERATING PROFIT
MARGIN WILL BE AT LEAST 15 PERCENT.
    * INTEGRATION OF FROGLOGIC TO COMPANY'S ACTIVITIES AND
OFFERING
HAS PROCEEDED AS PLANNED
    * WE ESTIMATE THAT WE CAN FURTHER DEVELOP AND ENHANCE SALES
OF
FROGLOGIC PRODUCTS SIGNIFICANTLY AS PART OF QT GROUP OFFERING.
    * THIS UPDATED ESTIMATE TAKES INTO ACCOUNT EFFECT ON
COMPANY'S
BUSINESS OF FROGLOGIC GMBH ACQUISITION, WHICH WAS ANNOUNCED ON
13 APRIL 2021.

Source text for Eikon:  ID:nWkr2tzrsS 
Further company coverage:  QTCOM.HE 

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