Brief: Webstep Q1 EBITDA Falls To NOK 22.3 Million

Webstep ASA

22/05/2019 06:03

May 22 (Reuters) - Webstep ASA  WSTEP.OL :
    * WEBSTEP Q1 2019: ALL-TIME HIGH REVENUES
    * WEBSTEP REPORTS 5.5 PER CENT REVENUE GROWTH IN Q1 OF 2019,
WITH
9.4 PER CENT GROWTH IN NORWEGIAN MARKET ALONE
    * EBITDA FOR Q1 AMOUNTED TO NOK 22.3 MILLION, DOWN 6.6 PER
CENT
FROM NOK 23.9 MILLION IN CORRESPONDING QUARTER OF 2018
    * GENERAL OUTLOOK FOR 2019 IS POSITIVE
    * CONSOLIDATED ALL-TIME HIGH REVENUES IN Q1 OF 2019,
AMOUNTING TO
NOK 184.4 MILLION, UP 5.5 PER CENT FROM SAME QUARTER LAST YEAR
    * NET PROFIT FOR Q1 WAS NOK 15.4 MILLION, DOWN FROM NOK 17.7
MILLION IN SAME QUARTER LAST YEAR
    * GROWTH CAPACITY IN 2019 WILL BE CHALLENGED BY AN ALREADY
HIGH
UTILISATION AND CONTINUOUSLY CHALLENGING MARKET CONDITIONS FOR
RECRUITMENT OF IT EXPERTS

Source text for Eikon:  ID:nWkr9wr9TW 
Further company coverage:  WSTEP.OL 

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