Ad
Ad
Ad
Ad
Ad
© robyn mackenzie dreamstime.com_pie Electronics Production | October 23, 2014

Slow quarter for Swedish AQ

Swedish technology group, AQ, had a pretty rocky third quarter. The group saw both its sales and profit decrease during Q314.
Operations have developed according to plan during the third quarter. Net sales totalled EUR 65.7 million (66.7 million), a decrease of EUR 978'380 compared to the same period in the previous year. Sales excluding acquisitions and currency declined by 7%.

Net sales in the period January to September totalled EUR 207.9 million (199 million), an increase of EUR 8.9 million compared to the same period in the previous year. Sales excluding acquisitions and currency declined by 3%.

Operating profit was EUR 4.7 million (6.1 million) in the third quarter. For the period January to September the operating profit was EUR 12.7 million (13.3 million), a decrease of 4 %.

Comments

Please note the following: Critical comments are allowed and even encouraged. Discussions are welcome. Verbal abuse, insults and racist / homophobic remarks are not. Such comments will be removed.
Further details can be found here.
Ad
Ad
Load more news
December 13 2017 10:15 PM V8.9.2-1