Brief: Tecnotree Q1 Adjusted Operating Profit Up At EUR 2.3 Million
29/04/2020 07:15
April 29 (Reuters) - Tecnotree Oyj TEM1V.HE :
* Q1 NET SALES EUR 9.8 MILLION VERSUS EUR 9.5 MILLION YEAR
AGO
* Q1 ADJUSTED OPERATING PROFIT EUR 2.3 MILLION VERSUS EUR 1
MILLION YEAR AGO
* OUTLOOK FOR 2020: CO FURTHER STRENGTHENED AND STABILIZED
ITS
OPERATIONS, RESTARTED CAPITAL DEPLOYMENT TO FUEL GROWTH IN 2019
* IN 2020 COMPANY WILL CONTINUE TO FOCUS ON MARKET EXPANSION
AND
PROFITABLE GROWTH
* GROWTH WAS CONTINUED ESPECIALLY STRONG IN MIDDLE EAST AND
AFRICA
(MEA) REGION BEING 28% AND NET SALES IN REGION FORMED 71% OF
TOTAL Q1 REVENUE.
Source text for Eikon: ID:nWkrb6jDwn
Further company coverage: TEM1V.HE
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