Brief: Serstech Q1 Loss Turns To Profit SEK 3.02 Mln

Serstech AB

30/04/2021 10:03

April 30 (Reuters) - Serstech AB  SERT.ST :
    * SERSTECH AB: FIRST QUARTER REPORT 1 JANUARY – 31 MARCH
2021
    * Q1 NET SALES: KSEK 11 459 (6 012) +91%
    * Q1 RESULT FOR PERIOD: KSEK 3 024 (-3 206)
    * REPORTED HIGHEST REVENUE SO FAR IN A SINGLE QUARTER IN Q1
2021
AND OUR REPORTED NET SALES WERE 11.5 MSEK, WHICH REPRESENTS A
GROWTH OF 91% COMPARED TO SAME PERIOD IN 2020
    * VALUE OF SALES PIPELINE IS STILL GROWING, EVEN THOUGH
TIMING
UNCERTAINTY CAUSED BY EFFECTS OF PANDEMIC REMAINS
    * DURING Q2 WE WILL SPEND SIGNIFICANT RESOURCES TOGETHER
WITH OUR
PARTNER NETWORK TO MARKET RENTAL CONCEPT
    * WE REMAIN CONVINCED THAT WE WILL SURPASS OUR ON AVERAGE
50% PER
ANNUM GROWTH TARGET

Source text for Eikon:  ID:nGNE2j2Bx2 
Further company coverage:  SERT.ST 

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