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TECH - Techstep ASA News Story

NOK4.66 -0.2  -3.3%

Last Trade - 04/03/21

Sector
Technology
Size
Small Cap
Market Cap £74.1m
Enterprise Value £88.1m
Revenue £95.8m
Position in Universe 956th / 1850

BRIEF-Techstep's Strategy And 2025 Ambitions

Tue 1st December, 2020 6:04am
Dec 1 (Reuters) - Techstep ASA  TECE.OL :
    * TECHSTEP'S STRATEGY AND 2025 AMBITIONS
    * 2025 AMBITION IS TO INCREASE GROSS PROFIT PER MANAGED
DEVICE
FROM AROUND NOK 800 TO MORE THAN NOK 1 200
    * TECHSTEP'S 2025 AMBITION IS TO INCREASE GROSS PROFIT PER
MANAGED
DEVICE FROM AROUND NOK 800 TO MORE THAN NOK 1 200.
    * EBITDA IS EXPECTED TO INCREASE FROM CURRENT LEVEL OF
AROUND 20%
OF GROSS PROFIT, TO MORE THAN 30% OF GROSS PROFIT
    * AMBITION IS TO MANAGE MORE THAN 1 MILLION DEVICES BY 2025
    * 2025 AMBITION IS TO MANAGE MORE THAN 1 MILLION MOBILE
DEVICES,
UP FROM AROUND 200,000 TODAY

Source text for Eikon:  ID:nWkr4kJLPM 
Further company coverage:  TECE.OL 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))
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